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Gerry

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Joined: 12/24/2003
Location: Lewiston, Maine 04240

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Subject : ABOUT CREATING bOLLINGER BANDS SCAN ?
Posted : 8/17/2015 12:48 PM
Post #35645

Hello,



How would you go about creating the following scan ?

I am still using OmniPro 2014 if that makes a difference.


If I am using the following Bollinger Bands formula that looks for stocks
whose Upper and Lower Bands are closing in to each other ( tightening )
but want to scan for two other setups that if both of the UPPER and LOWER
have been going UP for at least 4 bars then on the last bar the UPPER BAND
TURNED DOWN I bar ago, then show me those stocks.


Then at the opposite direction is that if both of the UPPER and LOWER BANDS
have been going DOWN for at least 4 bars then on the last bar the LOWER BAND TURNED UP 1 bar ago, then show me those stocks.


This is what I am now using for TIGHTENING BANDS


Bol_Upper(9,1.2) < Bol_Upper(9,1.2)[1] and Bol_Lower(9,1.2) > Bol_Lower(9,1.2)[1]



Thanking you in advance,

Gerry





Deleting message 35645 : ABOUT CREATING bOLLINGER BANDS SCAN ?


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