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Better Bollinger Band
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=65915
Forum: 48 · Topic 65915 · 1 post(s)
Better Bollinger Band
Alexander.Gettinger · Wed Apr 11, 2018 2:08 pm
In the October 1998 issue of “Futures” there is an article written by Dennis McNicholl called “Better Bollinger Bands”, in which the author recommends improving BB by modifying:
- the center line formula &
- different equations for calculating the bands.
These bands, called “DEnvelope”, follow price more closely and respond faster to changes in volatility with these modifications.
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