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WiseTrader Toolbox
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Bollinger Band Volatility Trading System for Metastock
Stocks & Commodities’ articles-writer John Forman published his Volatility Analysing & Trading strategies for Trend and Range Trading, the Volatile and Non Volatile Markets – in the March 98 No.10-p.17 issue of TAM, Dutch TA-magazine, by Tripple Assets NL, Maastricht – the Netherlands.
Indicator / Formula
Mov(c,20,s)+(2*stdev(c,20))*0.998
Enter long: Close < Fml("BbandBot-Vola") Exit long: Close < Ref(Close,-1) Enter short: Close > Fml("BbandTop-Vola") Exit short: Close > Ref(Close,-1)
Mov(c,20,s)-(2*stdev(c,20))*1.002
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