Obtaining $ amounts for Bollinger Band position
Author: dag
Creation Date: 1/26/2009 2:04 PM
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dag

#1
I would like to compare the $ amount of the lower Bollinger Band of the last bar to five bars ago to see if it is <= $5 difference. I've tried several 'guesses' but they didn't work.

Thanks in advance.
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Cone

#2
Here you go - although I'm guessing that you really want >=, since the "normal" condition would be for the difference to be <= 5.
CODE:
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dag

#3
Wow, I do not understand the following:

CODE:
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Would there be another way to get the bbL[bar] variable?

Also, I've been coding with WLP 4 and understand that somewhat better.

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Eugene

#4
QUOTE:
Would there be another way to get the bbL[bar] variable?

You can AnnotateBar, or AnnotateChart, or DrawText, or even get a Windows Form messagebox displaying your variable.
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Cone

#5
... or just hover the cursor over the BBand in the chart.