Trading Bands
Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullCharts discussion
Forum Discription: General discussion about getting started with BullCharts and exploring its features.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=326
Printed Date: 05 Apr 2025 at 1:57am
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com
Topic: Trading Bands
Posted By: Andrzej
Subject: Trading Bands
Date Posted: 02 Feb 2006 at 10:23am
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Does anyone know how to put trading bands(envelope) to trace stock price action ? . I know , someone will say to use Bollinger bands to solve the problem. However, I reluctant to use BB since they do not serve my purpose . Is there any way to measure how much trading bands do cover price action , eg. 80% , or 95% ?
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Replies:
Posted By: Dingo
Date Posted: 02 Feb 2006 at 2:41pm
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In Indicators, select 'Moving Average' in the bottom window box. From the options available, 'Envelopes' or 'Trading Bands' should do the trick. |
Posted By: Andrzej
Date Posted: 03 Feb 2006 at 4:18pm
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Thank you for your post, however the problem is different. I can create trading bands or envelopes. HOwever when you set up percentage deviation from the mean(EMA) then the fixed percentage is OK for some stocks (cover most of price action) BUT not suitable for other stocks , ie. either bands are too narrow or too wide. Is there any way to adjust deviation percentage to be different for different stocks ? We need a option to use this indicator ONLY for specific stocks. Can BullCharts investigate if such option is feasible. thank you |
Posted By: Brendon
Date Posted: 06 Feb 2006 at 4:56pm
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Maybe a bit difficult. In time maybe but at this stage we have a long list of user requests and we pick the most requested etc ------------- 
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