Support Board
Date/Time: Fri, 10 Jan 2025 19:56:35 +0000
Post From: how to smooth the Bollinger bands?
| [2016-09-23 18:36:37] |
| User71961 - Posts: 144 |
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i would like to be able to apply a smoothing method to the actual bollinger bands...for example, instead of plotting the actual band values, maybe a "x" bar moving average of the band. Bollinger bands tend to expand and contract as markets gyrate under different timeframes. One option to see smoother bollinger bands is to move up to a higher time frame...but another option would be to apply a moving average (simple, exponential, etc..) to the bollinger band values. This would come in the form of 2 additional parameters to the bollinger band study 1) Smoothing Method (None, Simple moving avg, Exponential moving avg, Wilders) [default = none] 2) Smoothing Timeframe (bars) (#, where 0 = the actual bollinger band...and anything higher = number of data points to use in the smoothing function) [default = 0] This should be relatively easy to program if not already available...and would help remove the issue of the bollinger bands expanding and contracting so frequently on lower timeframes. The net effect is NOT the same as just increasing the "length"...because this is the "vol of vol" Date Time Of Last Edit: 2016-09-23 22:40:57
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