How to use the Bollinger in Screen?

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  • #206674 quote
    thomas2004ch
    Participant
    Senior

    Hi,

    There is the indicator BollingerBand and I can change the parameter of standard deviation. But as I want to use it in my screener I can get BollingDown(20) and BollingerUp(20). How can I change the stabdard deviation?

    Regards

    #206679 quote
    JS
    Participant
    Master

    This instruction use the default parameter of a Bollinger band = 2 deviations from the mean. If you want to find the bollinger up band with only 1 deviation, you have to re-code it yourself:
    dev = 1 //quantity of deviation
    avg = average[20](close) //mean
    BollUp = avg+std[20](close)*dev //Bollinger Up value

    #206708 quote
    thomas2004ch
    Participant
    Senior

    Many thanks!

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How to use the Bollinger in Screen?


ProScreener: Market Scanners & Detection

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This topic contains 2 replies,
has 2 voices, and was last updated by thomas2004ch
3 years, 8 months ago.

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Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 01/02/2023
Status: Active
Attachments: No files
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