%B Bollinger

%B Bollinger

Bollinger oscillator

This is an extension of Bollinger bands. It shows the relative position of the closing price of the candle relative to the bands.

Zero value equals to a close on the lower bound. 50 value equals to a close on the Bollinger moving average. Finally, 100 value equals to a close on the upper bound.

This is an oscillator that provides overbought / oversold signals over 100 and under 0 levels. Divergences with price levels may be profited upon.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

Find other exclusive trading pro-tools on ProRealCode Marketplace

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
10/12/2015

51 posts • 17 Followers
  1. avatar
    Dymjohn • 10/12/2015 #

    Hi 
    I don’t understand the maths of the width calculation in the above does it represent 2 above the average and 2 below the average. I was trying to amend the code for a 2.3 std but don’t come up with the same answer as provided by %b in standard indicators. Can anyone help please?
    For information I attach my attempt
    // Bollinger Band Oscillator
    delta = close-bollingerdown
    width = 4.6*std
    BBO = delta*100/width
    RETURN BBO AS \"bb Oscillator 2.3
     

  2. avatar
    PEDRAM.JOKAR • 10/12/2015 #

    i also have same question. pls advise on how can have Bollinger B%(50,3)?

  3. avatar
    Laurent • 10/12/2015 #

    Hi Nicolas
    There’s a problem to download file (400 Bad Request)
    Thanks for the indicator and have a nice day

    • avatar
      Nicolas • 10/12/2015 #

      Hi, I fixed this issue. You can now download the file without any error.

  4. avatar
    Laurent • 10/12/2015 #

    Thanks a lot

  5. avatar
    oraclus • 10/12/2015 #

    Bonjour le %bollinger est protégé sur Prorealtime. Le code ci-dessus est paramétré par défaut à 20 périodes. Je souhaiterais le paramétré en 200 périodes. quel paramètre faudrait il mettre pour avoir le même que prorealtime en 200 périodes. Merci

    • avatar
      Nicolas • 10/12/2015 #

      Le code dans ce post répond à cette demande d’adaptation de la période du %Bollinger: https://www.prorealcode.com/topic/bollinger-b/#post-41519

avatar
Register or

Likes

avatar avatar avatar avatar
Related users ' posts
avatar
finplus Thanks for the job. Which variables do you suggest for timeframe 1 hour? 
avatar
Maz Depends massively on your market and the volatility. I suggest using the variable optimizer ...
avatar
1Randy This a great momentum filter! I would like to see volume momentum incorporated into the indi...
avatar
otty82  THX looks good!
avatar
century nice one , thank you
avatar
arvindrao01 Hey! Does anyone have a pinescript (tradingview) code for this?
avatar
supertiti Il manque 2 slash devant len dans le code dur car la variable ne marche pas bonne journée
avatar
larmhen
8 years ago
Edge Index
Edge Index
#mean reversion
2
Indicators
avatar
HerveS_67 Bonjour, A quoi correspondent les données S, M, L ? Hello, What do the data S, M, L?
avatar
Vinks_o_7 aux paramètres à rentrer : 5 20 et 200...
avatar
bruces Hi. Thank you that is what I am looking for. As well as the chart, I want to also add to a...
avatar
Jodal Bonjour Nicolas, Merci pour cet indicateur! Est-ce possible de configurer une alerte pou...
avatar
Nicolas Merci pour le post dans le forum en respectant les règles de publication énoncées dans le ca...
avatar
Dron De lo mejorcito
avatar
Swingforfortune
8 years ago
Wave momentums
Wave momentums
#momentum #wave
3
Indicators
avatar
gatarayihajp Hi swingforfortune, Thanks a lot about your interesting posting. Let ask you to explain mor...
avatar
Swingforfortune Hello. Basically they are a twist of the MACD histogram and can be used as such. They visua...
avatar
gatarayihajp Hi again Thanks for the explanation. Have a good day
avatar
gabri Roman made the strategy, I made the code and Maze made it bulltproof. You can use it I belie...
avatar
Roman Francesco78 here is the strategy: https://www.prorealcode.com/topic/highlowopen-prices-for...
avatar
Francesco78 Thank you!
avatar
Nicolas
8 years ago
AFL Winner oscillator
v10.3
AFL Winner oscillator
#volume
20
Indicators
avatar
jiminykricket Hi Nicolas, Its fair to say i'm a relative novice with ProRealtime and as such i am not sur...
avatar
Nicolas You can use assisted creation in probacktest, you'll get a quick overview on how to call a p...
avatar
jiminykricket Thanks Nicolas, i'll take a look
avatar
CavalierDeCesDames Bonjour Nicolas, Thanks for your use full job. I tried this indicator on a shorter timefram...
avatar
Nicolas You are welcome. I'm glad you like it.
avatar
Bolbo It does not appear over the price indicator on V11. Thanks in advance.
avatar
Maxime Baudin Nice, thanks!
avatar
rowestock Hi Nicolas, I am revisiting this indicator and wanted to ask, is it possible to replace sty...
avatar
Nicolas Why not, please add a new request in our probuilder forums.
avatar
majid52026 Hi I want MBXF Timing for mq5 Does anyone have this indicator???
avatar
dertopen Hi Nicolas good work for the code translation when i chek the mbfx system site i see in t...
avatar
Nicolas Yes, just change the color by yourself in the indicator settings window.
avatar
bearbull As per PhilipSchultz question above, has anybody managed to add code for when it turns blue,...
avatar
Ybr35 Bonjour Nicolas, lorsque je lance l'indicateur, il m'est indiqué que je dois définir les var...
avatar
Nicolas L'idéal est de télécharger le fichier itf joint sur cette page et de l'importer dans la plat...
avatar
Nicolas This is not an instruction of the programming language but a variable from this indicator (l...
avatar
fabio407 OK. I didn't notice it. Many thanks, Nicolas!
avatar
Harley82 Buongiorno, non riesco a farlo funzionare sul mio prorelatime V12: cambio i parametri "Vis...
avatar
gabri
8 years ago
DeMarker Indicator
DeMarker Indicator
6
Indicators
avatar
HeikinAshi How do you spot the divergences? Do you use an divergence-finder indicator?
avatar
gabri HeikinAshi, you can use this divergency finder https://www.prorealcode.com/prorealtime-indic...
avatar
HeikinAshi Thanks Gabri, I thought in this direction. I'll check it out, thanks!
avatar
albertocampagna Sei grande Nicolas :-)
avatar
SAcht Dear Nicolas, Great work, thank you very much!I would love to use the indicator in ProScree...
avatar
SAcht btw: The above-posted ProScreener is supposed to show stocks for which the center line has i...
avatar
Djo Not working on V11. The RSI doesn't appear on the chart.
avatar
Mika83 Bonjour, J'ai des soucis de lecture de syntaxe avec la variable "drawsegment" sur la versio...
avatar
seb234 Salut Mika, j'ai la version V11.1, la formule fonctionne. Mais il est préférable, dixit Nico...
avatar
Nicolas
8 years ago
Average Sentiment Oscillator
v10.3
Average Sentiment Oscillator
6
Indicators
avatar
AutoFlanders Quelqu'un a-t-il déjà remarqué, sur ce graphique, que les bougies montantes sont rouges et l...
avatar
lilo789 Bonjour, Merci Mr Nicolas pour ce très bon indicateur. Une excellente stratégie qui est t...
avatar
Nicolas Les codes postés sont libres et appartiennent à tous, faites en ce que vous voulez :)

Top