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  • BB Cum Fibo

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    rsndvy
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    The document defines the parameters and calculations for a Bollinger Band indicator with three standard deviation bands above and below a simple moving average midpoint. It requests user input for the period length and deviation factors and then calculates the upper and lower band lines by adding or subtracting the deviation factors multiplied by the average true range from the moving average.

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    BB cum fibo

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    The document defines the parameters and calculations for a Bollinger Band indicator with three standard deviation bands above and below a simple moving average midpoint. It requests user input for the period length and deviation factors and then calculates the upper and lower band lines by adding or subtracting the deviation factors multiplied by the average true range from the moving average.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    BB Cum Fibo

    Uploaded by

    rsndvy
    The document defines the parameters and calculations for a Bollinger Band indicator with three standard deviation bands above and below a simple moving average midpoint. It requests user input for the period length and deviation factors and then calculates the upper and lower band lines by adding or subtracting the deviation factors multiplied by the average true range from the moving average.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Periods:=Input("Enter the number of periods: ",1,100,16);

    Factor1:=Input("Enter the number of deviations: ",.01,100,1.618);


    Factor2:=Input("Enter the number of deviations: ",.01,100,2.618);
    Factor3:=Input("Enter the number of deviations: ",.01,100,4.240);
    UpperBand3:=Mov( C, Periods, S) + ( factor3 * ATR(periods));
    UpperBand2:=Mov( C, Periods, S) + ( factor2 * ATR(periods));
    UpperBand1:=Mov( C, Periods, S) + ( factor1 * ATR(periods));

    MidPoint:=Mov(C, Periods, S);

    LowerBand1:=Mov( C, Periods, S) - ( factor1 * ATR(periods));


    LowerBand2:=Mov( C, Periods,S) - ( factor2 * ATR(periods));
    LowerBand3:=Mov( C, Periods, S) - ( factor3 * ATR(periods));

    UpperBand3;
    UpperBand2;
    UpperBand1;
    MidPoint;
    LowerBand1;
    LowerBand2;
    LowerBand3;

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