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Bollinger Band settings?


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Bollinger Band settings?

  #1 (permalink)
 
Joseph689's Avatar
 Joseph689 
San Jose, Ca
 
Experience: Beginner
Platform: MetaTrader 4
Broker: Interactive Brokers
Trading: Forex
Posts: 121 since Sep 2012
Thanks Given: 114
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Greetings,

Anyone see a Bollinger Band indicator for NinjaTrader that I can input the following settings:

Bollingerprice (H+L)/2
TestpriceUband (H+L)/2
TestpriceLband (H+L)/2

Lengh: 21
Upperband: .25
Lowerband: -.25

Thanks.
Joseph

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Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
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Joseph689 View Post
Greetings,

Anyone see a Bollinger Band indicator for NinjaTrader that I can input the following settings:

Bollingerprice (H+L)/2
TestpriceUband (H+L)/2
TestpriceLband (H+L)/2

Lengh: 21
Upperband: .25
Lowerband: -.25

Thanks.
Joseph


@Joseph689: If you do not get an answer, it is because nobody is able to understand your question. Could you please reformulate it?

A Bollinger Band is made up of a moving average and an upper and a lower band.

Bollingerprice (H+L)/2 can be interpreted in a way that you want to calculate your moving average from the median price (High+Low)/2. The Length 21 would be the period of the moving average and the period used to calculate the standard deviation.

TestpriceUband (H+L)/2 & TestpriceLband (H+L)/2 does not mean anything, unless you want to specify that you wish to calculate the standard deviation from the median prices instead of the close.

The upperband & lowerband multiplicator of 0.25 looks small.

Can you give us any link to your indicator or a link to a coded reference in Easy Language, AFL or MQL?

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  #3 (permalink)
 
Joseph689's Avatar
 Joseph689 
San Jose, Ca
 
Experience: Beginner
Platform: MetaTrader 4
Broker: Interactive Brokers
Trading: Forex
Posts: 121 since Sep 2012
Thanks Given: 114
Thanks Received: 40


Hi FT,

These settings came from a PDF futures strategy called "Tick Trader Day Trading Course", by David Marsh.

After looking at a bit more carefully, the strategy is very inconsistent to say the least!

Thank you very much for responding, appreciated!

Joseph

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Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


Joseph689 View Post
Hi FT,

These settings came from a PDF futures strategy called "Tick Trader Day Trading Course", by David Marsh.

After looking at a bit more carefully, the strategy is very inconsistent to say the least!

Thank you very much for responding, appreciated!

Joseph

You could post in the vendor section of the forum and discuss it there.

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Last Updated on March 17, 2013


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