V.18:7 (81-83):Traders' Tips
Product Description
Here is this month’s selection of Traders’ Tips, contributed
by various developers of technical analysis software to help
readers more easily implement some of the strategies presented. Internet users will also find these and some previous
Traders’ Tips on our Website at http://www.Traders.com.
BIOCOMP
In "Bollinger Band Targets" by Benjamin Cotton in this issue, the future price that is required to cross a Bollinger Band is calculated. A similar indicator available within Biocomp Profit, WinPctB, calculates price relative to a Bollinger Band. WinPctB is the percentage distance from +/-2 standard deviations from the mean of price over a user-definable time window. Although it doesn’t calculate a future price as Cotton describes in his article, WinPctB provides valuable information. To employ the stated transformation, follow these steps:
BIOCOMP
In "Bollinger Band Targets" by Benjamin Cotton in this issue, the future price that is required to cross a Bollinger Band is calculated. A similar indicator available within Biocomp Profit, WinPctB, calculates price relative to a Bollinger Band. WinPctB is the percentage distance from +/-2 standard deviations from the mean of price over a user-definable time window. Although it doesn’t calculate a future price as Cotton describes in his article, WinPctB provides valuable information. To employ the stated transformation, follow these steps:
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