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Bollinger Band Width Indicator
Updated January 9, 2018
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Bollinger Band Width Indicator
October 1st, 2010, 05:11 PM
Rechovot
Experience: Advanced
Platform: NinjaTrader
Broker: CQG
Trading: Index,Currency and Energy futures
Posts: 1,644 since Jan 2010
Thanks Given: 508
Thanks Received: 6,288
syxforex
Has anybody figured out the bb Width indy? I am looking for it too, tx
I think this is what you are looking for.
Attached Files
Elite Membership required to download: Bollinger_Bandwidth_v01.zip
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
October 1st, 2010, 07:20 PM
Santa Maria
Experience: Advanced
Platform: NinjaTrader, ThinkOrSwim
Broker: Mirus/Zen-Fire
Trading: ES
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syxforex
Has anybody figured out the bb Width indy? I am looking for it too, tx
Since Bollinger Bands are just standard deviation bands, I think you're really looking for a standard deviation indicator:
April 17th, 2011, 03:14 PM
Sacramento, CA
Experience: Beginner
Platform: NinjaTrader
Trading: Futures
Posts: 11 since Apr 2011
Thanks Given: 2
Thanks Received: 1
What is the multi color band in the middle of your chart? How can I add this?
Thanks!
Dave
perryg
First a thanks to Zeller4 for his contribution to this indicator.
I trade a simply as possbile, by reading the
PRICE action , then only do I see if a simple indicator can confirm.
The Bollenger Bands work, is that when you start a TREND, the Top and Bottom Band EXPAND, and when there is NO trend they
CONTRACT . By measuring the Width of the Bands, as soon as the WIDTH BANDS makes a turn UP from the Bottom, you will see a very sharp turn in the upper band for a LONG entry, or if the Botton Band turns down very sharply you have an Entry for a SHORT. By just looking at the BB Width indicator, you can tell if you are starting a TREND move (up or down) if the indicator goes UP (i.e. Widening of the BB Bands). As soon as the BB Width indicator starts to go down and remains in a
flat position, you are in a
CHOP zone (i.e. called a squeeze). Look at the Green circles on the chart for the sharp turn and the indicator pointing up. See also the Chop zone where the indicator is going down and Flat at the bottom.
I hope this can help some traders as an extra tool and also another way of looking at a chart.
Perry
April 22nd, 2011, 03:40 PM
Manta, Ecuador
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ktmdave
What is the multi color band in the middle of your chart? How can I add this?
Thanks!
Dave
I will call @perryg for you to see if he can answer.
Welcome to the forum.
Mike
April 22nd, 2011, 09:38 PM
Sacramento, CA
Experience: Beginner
Platform: NinjaTrader
Trading: Futures
Posts: 11 since Apr 2011
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Thanks big mike. Love your video on advanced strategy programming.
Big Mike
I will call @
perryg for you to see if he can answer.
Welcome to the forum.
Mike
January 8th, 2018, 10:03 PM
Los Angeles
Experience: Beginner
Platform: NinjaTrader
Trading: NQ CL GC
Posts: 52 since Jan 2017
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Hey guys -
Apologies for bumping this old thread but I was wondering if anyone has seen a BB Bandwidth indicator for NJT 8?
January 8th, 2018, 11:34 PM
virginia
Experience: Intermediate
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Trading: NQ
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pnguyen720
Hey guys -
Apologies for bumping this old thread but I was wondering if anyone has seen a BB Bandwidth indicator for NJT 8?
it's pretty easy to make it from Bollinger indicator. Note: Ninja doesn't support drawing on price panel and sub panel in the same indicator so just leave bollinger band = transparent
Attached Files
Elite Membership required to download: BBWidth_NT8.zip
January 8th, 2018, 11:38 PM
Los Angeles
Experience: Beginner
Platform: NinjaTrader
Trading: NQ CL GC
Posts: 52 since Jan 2017
Thanks Given: 11
Thanks Received: 16
Awesome, thank you!
Last Updated on January 8, 2018