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1529
dynoweb
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 was posted by PFSMedical
He requested it be converted to NT7
It appears to be a very interesting divergence spotter in that it plots the number 1 position and then all subsequent divergence points.
The updates seem to be working correctly at first glance. If something else is not behaving properly please let me know
PFSMedical post is as follows:
this is an indicator that measures divergence ..... it was developed for ninja 6.5 by a person no longer trading...
it measures peaks in the stochastics, and numbers them .... on both the indicator, and price...
since i'm a trader, and NOT a programmer/coder .... i have given up on trying to convert this myself to the new ninja 7 format ...
would like to have this converted to ninja 7 by someone who actually enjoys doing that kinda thing ....
August 6th, 2012 01:01 PM gentech I love this! You're a genius! It's perfect for my system.
October 6th, 2011 03:26 PM ulgolog Thank you! I was just about to leave you a note asking if you made any progress... Fantasticly simple and useful. :co
ngrats:: )
September 18th, 2011 03:28 PM marxtone Thank You !!!
August 18th, 2011 07:59 PM rutherfordk Perfect !! Thank you.