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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Claud B who wrote (1400)6/11/1997 1:10:00 AM
From: TechTrader42   of 3325
 
Claud: I've put a chart showing the results of my translation of your B band formula on a temporary Web page at:

members.aol.com

The graph to look at is in the bottom window, for an indicator I've called "boll band indicator for band width"

I came up with this for WOW:

(((4*Std(C,20))/(Mov(C,20,S))-
(Llv((4*Std(C,20)),20)/Mov(C,20,S)))/
(Hhv((4*Std(C,20)),20)/Mov(C,20,S))-
(Llv((4*Std(C,20)),20))/
(Mov(C,20,S)+.001))*100

It does seem to indicate when the bands are narrow and wide, though I was really guessing when I chose where to put the parentheses. I think the chart on the Web page is a little clearer than the one I sent you via e-mail.

For anyone wondering what Claud's formula for Metastock is:

((4*(Std(C,20))/Mov(C,20,S))-
Lowest(4*(Std(C,20))/Mov(C,20,S)))/
(Highest(4*(Std(C,20))/
Mov(C,20,S))-Lowest(4*(Std(C,20))/
Mov(C,20,S))+.001)*100

Thank you again, Claude, for the formula. I hope I can get it right for WOW.
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