Bollinger Bands middle
I am trying to code for the daily close above the middle of the bollinger band, or the dotted line. Can anyone help?
0
Answers
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I don't use Bollinger Bands, but from the Chart School article on %B, which is derived from Bollinger Bands, it seems you can do this:
AND [Daily %B(20,2.0,Daily Close) > 0.5]
Here's the link:
https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_band_perce0 -
use SMA(20) it is the exact same as the middle of the bollinger bands..... I use this: and [close > SMA(20] or [close x SMA(20] if you want the price to cross the line0
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