Better Bollinger Band

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Better Bollinger Band

Postby Alexander.Gettinger » Wed Apr 11, 2018 2:08 pm

In the October 1998 issue of "Futures" there is an article written by Dennis McNicholl called "Better Bollinger Bands", in which the author recommends improving BB by modifying:
- the center line formula &
- different equations for calculating the bands.

These bands, called "DEnvelope", follow price more closely and respond faster to changes in volatility with these modifications.

Better_Bollinger_Band.PNG


Download:
Better Bollinger Band_JS.jsl
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Alexander.Gettinger
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