yepher 359 posts msg #31892 - Ignore yepher |
4/27/2004 11:45:48 AM
I could not find a way to get %B from stock fetcher (I may have over looked it) so here is a version that I have come up with that uses Bollingers preffered method of "Typical Price" rather than the usual close price:
Does anyone know how to calculate multiple values in a single set method? I would like to do something like "set{TP, (close + high + low) / 3}"...
Did I miss the stock fetcher version of %B?
|
yepher 359 posts msg #31914 - Ignore yepher |
4/28/2004 5:20:30 PM
Here is a variation of %B that is recommended as a buy signal by Bollinger. I must admit it does yeild some very interesting results on the little bit of back testing I have done.
Here is more information for Bollinger method II: http://www.bollingeronbollingerbands.com/methods/?method=2
Intro from web page:
Our second Bollinger Band demonstration method relies upon the idea that strong price action accompanied by strong indicator action is a good thing. It is a confirmation approach that waits for these two conditions to be met before giving an entry signal. Of course, the opposite, weakness confirmed by weak indicators, generates a sell signal.
|
yepher 359 posts msg #31915 - Ignore yepher |
4/28/2004 6:13:15 PM
Ooops! the astute reader will have noticed I messed up the %B calculation. Here is the correct form (I hope :)
Although the previous filter does yeild some interesting short prospects.
|
yepher 359 posts msg #31916 - Ignore yepher |
4/28/2004 6:49:11 PM
darn still messed it up (I wish I could edit the original post). Having Copy & Paste problems :(
|