Applying Weekly Bollinger Bands on Daily Price Chart

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  • Author
    Posts
  • 05/08/2018 at 3:40 PM #70000 quote
    Maisam Zaidi
    Participant
    Junior

    Hello,

    Can anyone please explain how we apply WEEKLY BOLLINGER BANDS on DAILY PRICE CHART.

    Thank you.

    05/09/2018 at 8:01 AM #70030 quote
    Nicolas
    Keymaster
    Master

    Sorry but this is not possible to add indicators from other timeframes to the current one.

    05/09/2018 at 8:43 AM #70045 quote
    Eric
    Participant
    Master

    5×20 = 100?

    count sunday 6×20?

    05/09/2018 at 11:05 AM #70060 quote
    Maisam Zaidi
    Participant
    Junior

    @Eric

    I was thinking the same. I will confirm with the author of the strategy.

    Thank you for your help.

    Regards,
    Maisam

    05/09/2018 at 11:19 AM #70061 quote
    robertogozzi
    Moderator
    Master

    Usually math applied to the same indicator on different TFs doesn’t work!

    You may open two charts with different TFs and have a try, with BB or Averages or whatever else.

    05/09/2018 at 11:26 AM #70063 quote
    Maisam Zaidi
    Participant
    Junior

    @robertogozzi

    Thank you for your input but I’m looking to infuse both bollinger on a single time frame.

    I need to confirm how to apply it with the author.

    Thank you.

    05/10/2018 at 12:41 PM #70127 quote
    Nicolas
    Keymaster
    Master

    An idea would be to collect the last X weekly Close and make their average. The hard part is to calculate the Standard Deviation on a non linear data serie and without array.

    05/10/2018 at 7:53 PM #70163 quote
    Maisam Zaidi
    Participant
    Junior

    @Nicolas

    That method can also be applied and I might have the solution for Standard Deviation but it needs to be performed on Spreadsheet.

    I have confirmed with the author and he said that 5×20=100 can work fine. It will be not the same but quite good enough. Further analysis can be performed.

    Thank you guys for your input. I really appreciate it.

    Regards,
    Maisam

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Applying Weekly Bollinger Bands on Daily Price Chart


Platform Support: Charts, Data & Broker Setup

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Author
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Maisam Zaidi @maisam Participant
Summary

This topic contains 7 replies,
has 4 voices, and was last updated by Maisam Zaidi
7 years, 9 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 05/08/2018
Status: Active
Attachments: No files
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