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BOMAR
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BOMAR
BOMARbandsaresimilartoBollingerBandsinthattheyconsistofacenterlineandtwoouterbands.Thecenterlineisa
21daymovingaveragebydefault.Thedefaultfortheouterbandsisastandarddeviationof1.44andalookbackperiod
of185days.TheideabehindBOMARbandsisthattheycontain85%ofthepriceaboveandbelowthecenterline.
BOMARChartPlugin.
Preferences
ThefigurebelowshowsthepreferencesfortheBOMARchartplugin.HereyoucansettheRangeorlookbackperiod,
theStdDevs(StandardDeviations),theMALengthforthecenterline,andthecolorandthicknessofthethreelines.You
canalsochoosewhetherornottoshowtheBasisorcenterline.
BOMARChartPluginPreferences.
http://www.mbtrading.com/help/navpro/BOMAR.htm
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