MultiCharts - BWI-BB
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BWI-BB 4 *
Based on Bollinger band ...
BWI is a measure of a tradeable's ability/tendency to trend.

It is faster than an ADX, in that it will move earlier and reset itself earlier too.

When the BWI is low, the volatility is low. ie. there isn't any trend.

When it has a positive slope, there is a trend
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September 6th, 2011
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