Bollinger Band Percentage Oscillator Averege

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Bollinger Band Percentage Oscillator Averege

Postby Apprentice » Fri Jun 18, 2010 2:49 pm

Five.png
Bollinger Band Percentage Oscillator Averege


Derived from the normalized, averaged value of price within the channel, defined by Standard Deviations. Bollinger Band Oscillator Percentage Averege and Price Action have limited correlation. Price level, around Which Price oscillates, will be shown by BBOPA.

Tip.
Instead Candles use the line chart, gives less noise.
I can not remember when i have traded only with a line chart.
BBPOMVA.bin
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Last edited by Apprentice on Sun Jun 20, 2010 5:48 am, edited 3 times in total.
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Bollinger Band Waves

Postby Apprentice » Sat Jun 19, 2010 2:57 pm

BBW.png
Bollinger Band Waves

This is the first version of Bollinger Band Waves oscillator.

BBW have two, Overbought levels 100 and upper belt line
and two, Oversold, levels 0 and the lower belt line.

Signals are generated when BBW cross the center line.

Strong signals of opposite directions are generated in or near Oversold, Overbought areas.
Weak signals of same directions are generated in or near Oversold, Overbought areas.

Buy signals while the central line is falling are questionable, and vice versa, They should be ignored.

Test, combine with other indicators.

BBW.lua
Bollinger Band Waves
(3.36 KiB) Downloaded 1793 times

To work you need to have, download BB-Percentages Oscillator.
viewtopic.php?f=17&t=226&hilit=Bandwidth
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Re: Bollinger Band Percentage Oscillator Averege

Postby Hailkayy » Mon May 07, 2012 3:18 pm

This Website is a Gold Mine.
Judicisously combined this is highly effective, along with %b updated version.
Congrats keep up.
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Re: Bollinger Band Percentage Oscillator Averege

Postby Apprentice » Wed Mar 20, 2013 3:49 pm

Bollinger Band Percentage Oscillator Averege Update.
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Re: Bollinger Band Percentage Oscillator Averege

Postby speakinmymind » Thu Mar 21, 2013 7:33 pm

Can you create a strategy and alert using the output of the oscillator and slope of the midline? Also, I can't seem to change the size of the midline.
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Re: Bollinger Band Percentage Oscillator Averege

Postby pakoromeu » Sat May 03, 2014 3:24 am

There is any possibility to convert Bollinger Band Percentage Oscillator Averege (BBPOMVA) to MT4. I'll be very grateful. Blessings
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