Support Board
Date/Time: Wed, 01 Jan 2025 13:39:33 +0000
Bollinger Band Breakout
View Count: 1225
| [2016-05-25 15:17:53] |
| User28914 - Posts: 87 |
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I have an indicator on my Trade Navigator chart that i would like to have on my Sierra chart. I call it the Bollinger Band Brake-out trade or BBB for short. When the price goes out side of the BB by 2 ticks or more the price will reverse for x number of ticks. Here is a copy of the code that i wrote for TN charts. This puts a red down arrow at the top of the bar that exceeds the upper BB by 2 or more ticks and closes below the UBB. (High - Bollinger Upper Band (Close , 12 , 2)) > .2 And Close < Bollinger Upper Band (Close , 12 , 2) And ((Bollinger Upper Band (Close , 12 , 2) - Bollinger Lower Band (Close , 12 , 2)) * 10) > 24 … the BB width also has to be more than 24 ticks wide. I do the same thing for the price going below the LBB. Any thoughts on how to implement this? |
| [2016-05-25 17:19:44] |
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Yes use the Color Bar Based on Alert Condition study: http://www.sierrachart.com/index.php?page=doc/doc_TechnicalStudiesReference.html#s153 It can be set to also draw an arrow on the bar where the condition is met. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2016-05-25 17:20:08
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