Dual Band BB

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  • #132360 quote
    robertogozzi
    Moderator
    Master

    @xFelipe

    I’m so sorry, but I mistakingly deleted your last post can you please re-post it?

    Thank you 🙂

    #132366 quote
    xFelipe
    Participant
    New

    Ciao Roberto! No problem.

    I am looking for to have a bb with 2 offset settings at the same indicator. Let me try to explain. I would like to have the bb upper and lower positioned in 2 difference values at the same time frame. let´s say: one value at a – position and the other value at the current price position. Would it be possible to create a rule showing offset “position view” -5 and another one saying offset “current position” +1? I know it sound strange but this would show me what i want to see.

    For reference, the overall settings can be something like this: Length: 0 to 30, Source: close, Stddev: 0 to 5, Offset “position view”: -5 to +5, Offset “current position”: -5 to +5.

    Please feel free to share your ideas. Thank you Roberto!

    #132525 quote
    robertogozzi
    Moderator
    Master

    I don’t know if this is exactly what you meant, if it isn’t please attach a screenshot of what you want:

    //BBp     = 20                                  //20   periods
    //BBdev1  = 1.0                                 //1.0  deviation
    //BBdev2  = 2.0                                 //2.0  deviation
    BBavg   = average[BBp,0](close)                 //BB mean (middle line)
    BollUp1 = BBavg + ((std[BBp](close)) * BBdev1)  //BB Upper Band 1
    BollDn1 = BBavg - ((std[BBp](close)) * BBdev1)  //BB Lower Band 1
    BollUp2 = BBavg + ((std[BBp](close)) * BBdev2)  //BB Upper Band 2
    BollDn2 = BBavg - ((std[BBp](close)) * BBdev2)  //BB Lower Band 2
    RETURN BollUp1 AS "UpperBand1",BollDn1 AS "LowerBand1",BollUp2 AS "UpperBand2",BollDn2 AS "LowerBand2"
    Dual-band-BB.itf x-13.jpg x-13.jpg
    #132531 quote
    robertogozzi
    Moderator
    Master

    I created a new topic, to keep it separate from the other one.
    I might change the title if you prefer a different one.

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Dual Band BB


ProBuilder: Indicators & Custom Tools

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This topic contains 3 replies,
has 2 voices, and was last updated by robertogozzi
5 years, 8 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 05/20/2020
Status: Active
Attachments: 2 files
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