Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Bollinger Band Oscillator - CCT for Metastock
The CCT Bollinger Band Oscillator (CCTBO), developed by Steve Karnish of Cedar Creek Trading, reconfigures John Bollinger’s reconfigures the classic bands. The new indicator constructs two parallel lines instead of the erratic envelopes. These parallel lines represent a measurement of two standard deviations from the mean and are assigned zero and 100 on the chart. The indicator represents the price as it travels above and below the mean (50%) and outside the two standard deviations (zero and 100). Penetration of the upper or lower band represents overbought and oversold conditions. When using the CCT Bollinger Band Oscillator,“failure swings” and “divergences” can lead to significant reversals.
Screenshots
Indicator / Formula
((C+2*Std(C,21)-Mov(C,21,S))/(4*(Std(C,21)))*100)
0 comments
Leave Comment
Please login here to leave a comment.
Back