NinjaTrader 7 Indicators - Bollinger Bandwidth
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Bollinger Bandwidth 5 *
The Bollinger Bandwidth study is a technical indicator based upon Bollinger BandsŪ study, expressing the distance between upper and lower bands as percentage of the middle band value (SMA/EMA around which the bands are plotted). The main plot is accompanied with two additional ones: Bulge and Squeeze. Bulge plot displays the highest bandwidth value reached on the specified period, and, similarly, Squeeze plot shows the lowest bandwidth value.

This indicator was modeled after the first class Think or Swim Trading Platform.

This indicator is shown in the lower panel.


Category NinjaTrader 7 Indicators 
 
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Category: NinjaTrader 7 Indicators 


March 1st, 2014
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Keywords: 7 bandwidth bollinger indicator ninjatrader
 


 
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