Bollinger Bands with Shift (offset)

• 08/06/2019 at 1:50 PM #104282
  Jozo

  Hi Members, I am looking for Bollinger Bands with the shift (offset) feature. Any help will be much appreciated.

  Jozo

  

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  08/06/2019 at 2:48 PM #104285
  robertogozzi

  What do you want to be shifted?

  

  robertogozzi

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  08/06/2019 at 3:33 PM #104287
  Jozo

  Hi

  What I do need is the bollinger bands as follows Standard in brackets:

  Periods: (20)

  Shift/Offset days: ()

  Standard Deviation: (2.0)

  Then it offers me a chance to set it up as I wish with various day, sd and shift parameters.

  Thanks

   

   

  

  Jozo

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  08/06/2019 at 5:45 PM #104294
  robertogozzi

  There you go:

  BB - Bollinger Bands custom (standard)

  //BBVal= 20 //20 periods BB //BBdev= 2.0 //2.0 deviation BB BBval = max(2,min(999,BBval)) //2 - 999 BBdev = max(1.0,min(99.9,BBdev)) //1.0 - 99.9 BBavg = average[BBval,1](close) //BB mean (middle line) - 1=ema BollUp = BBavg + ((std[BBval](close)) * BBdev) //BB Upper Band BollDn = BBavg - ((std[BBval](close)) * BBdev) //BB Lower Band RETURN BBavg AS "Mean",BollUp AS "Top",BollDn AS "Bottom"

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  //BBVal= 20                                                //20   periods BB //BBdev= 2.0                                               //2.0  deviation BB BBval  = max(2,min(999,BBval))                             //2 - 999 BBdev  = max(1.0,min(99.9,BBdev))                          //1.0 - 99.9 BBavg  = average[BBval,1](close)                           //BB mean (middle line)  -  1=ema BollUp = BBavg + ((std[BBval](close)) * BBdev)             //BB Upper Band BollDn = BBavg - ((std[BBval](close)) * BBdev)             //BB Lower Band RETURN BBavg AS "Mean",BollUp AS "Top",BollDn AS "Bottom"

  BB - Bollinger Bands shifted

  //BBVal = 20 //20 periods BB //BBdev = 2.0 //2.0 deviation BB //ShiftNum= 0 //0 numbers of shifted periods BBval = max(2,min(999,BBval)) //2 - 999 BBdev = max(1.0,min(99.9,BBdev)) //1.0 - 99.9 ShiftNum = max(0,min(99,ShiftNum)) //0 - 99 BBavg = average[BBval,1](close[ShiftNum]) //BB mean (middle line) - 1=ema BollUp = BBavg + ((std[BBval](close[ShiftNum])) * BBdev) //BB Upper Band BollDn = BBavg - ((std[BBval](close[ShiftNum])) * BBdev) //BB Lower Band RETURN BBavg AS "Mean",BollUp AS "Top",BollDn AS "Bottom"

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  //BBVal   = 20                                               //20   periods BB //BBdev   = 2.0                                              //2.0  deviation BB //ShiftNum= 0                                                //0    numbers of shifted periods BBval     = max(2,min(999,BBval))                            //2 - 999 BBdev     = max(1.0,min(99.9,BBdev))                         //1.0 - 99.9 ShiftNum  = max(0,min(99,ShiftNum))                          //0 - 99 BBavg     = average[BBval,1](close[ShiftNum])               //BB mean (middle line)  -  1=ema BollUp    = BBavg + ((std[BBval](close[ShiftNum])) * BBdev) //BB Upper Band BollDn    = BBavg - ((std[BBval](close[ShiftNum])) * BBdev) //BB Lower Band RETURN BBavg AS "Mean",BollUp AS "Top",BollDn AS "Bottom"

  you cam import attached ITF file(s).

  I hope that’s what you wanted (0=no shifting, 1=shift 1 period, ……).

   

  

  robertogozzi

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  08/06/2019 at 6:44 PM #104305
  Jozo

  Hi Robertogozzi,

  Thank you very much for your assistance. Perhaps I did not explain myself well. What I mean by shift is to be able to move the bands forward (+ number) or backward (- number).  for example here is an example on MT4.

  The indicator you have provided is not doing that as shown.

  Thanks again.

  

  Jozo

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  08/06/2019 at 7:02 PM #104311
  Jozo

  Oh, may be it is working well as required. Sorry, because I didn’t see the extension ahead of price,I thought it was not. But seems you have coded it not to show. Is that correct?

  

  Jozo

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  08/06/2019 at 11:12 PM #104319
  Jozo

  I have now checked it with my MT4 comparison, it is working very well. Thank you so much. I am new to this platform.

  

  Jozo

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  05/20/2020 at 9:16 AM #132354
  robertogozzi

  @Jozo

  Sorry for not replying to you. I missed it. Indeed only PRT can plot into the future (like Ichimoku), not us users!

  Actually v11.x allows to plot objects into the future, but not returned data.

   

  

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  10/21/2020 at 10:21 PM #148034
  rimskys

  Thanks for the code. It shifts the indicator forward.

  How can we shift an indicator backwards (to the left) ?

  

  rimskys

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  10/22/2020 at 6:45 PM #148118
  robertogozzi

  There you go:

  BB - Bollinger Bands Shifted LEFT

  //BBVal = 20 //20 periodi BB //BBdev = 2.0 //2.0 deviazione BB //ShiftNum= 0 //0 numbers of shifted periods o the LEFT BBval = max(2,min(999,BBval)) //2 - 999 BBdev = max(1.0,min(99.9,BBdev)) //1.0 - 99.9 ShiftNum = max(0,min(99,ShiftNum)) //0 - 99 IF BarIndex > (BBval + ShiftNum) THEN BBavg = average[BBval,1](close) //BB mean (middle line) - 1=ema BollUp = BBavg + ((std[BBval](close)) * BBdev) //BB Upper Band BollDn = BBavg - ((std[BBval](close)) * BBdev) //BB Lower Band BarNum = BarIndex - ShiftNum DRAWSEGMENT(BarNum[1],BBavg[1] ,BarNum,BBavg) coloured(255,0,0,255) DRAWSEGMENT(BarNum[1],BollUp[1],BarNum,BollUp) coloured(0,0,255,255) DRAWSEGMENT(BarNum[1],BollDn[1],BarNum,BollDn) coloured(0,0,255,255) ENDIF RETURN

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  //BBVal   = 20                                               //20   periodi BB //BBdev   = 2.0                                              //2.0  deviazione BB //ShiftNum= 0                                                //0    numbers of shifted periods o the LEFT BBval     = max(2,min(999,BBval))                            //2 - 999 BBdev     = max(1.0,min(99.9,BBdev))                         //1.0 - 99.9 ShiftNum  = max(0,min(99,ShiftNum))                          //0 - 99 IF BarIndex > (BBval + ShiftNum) THEN    BBavg     = average[BBval,1](close)                          //BB mean (middle line)  -  1=ema    BollUp    = BBavg + ((std[BBval](close)) * BBdev)            //BB Upper Band    BollDn    = BBavg - ((std[BBval](close)) * BBdev)            //BB Lower Band    BarNum    = BarIndex - ShiftNum    DRAWSEGMENT(BarNum[1],BBavg[1] ,BarNum,BBavg)  coloured(255,0,0,255)    DRAWSEGMENT(BarNum[1],BollUp[1],BarNum,BollUp) coloured(0,0,255,255)    DRAWSEGMENT(BarNum[1],BollDn[1],BarNum,BollDn) coloured(0,0,255,255) ENDIF RETURN

  since no data are RETURNed (it plots lines with a graphical instruction), the cursor cannot show any info about these bands.

  In my screenshot the upper chart is shifted leftwards by 3 bars.

   

   

  

  robertogozzi

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