I wrote this email to Joachim Feseck at [EMAIL PROTECTED], but the address in 
no-longer valid. This is the program he uploaded to the ALF Library on 
2003-01-19 :
 
  Volatility Breakout with Bollinger Bands
  
Band= (BBandTop( C, 20, 2 ) - BBandBot( C, 20, 2)) / MA(Close, 20 ) * 100;
B= ((Close - BBandBot( Close, 20, 2 )) / (BBandTop( Close, 20, 2 ) - BBandBot(
Close, 20, 2 ))) * 100;
   
  Buy = band < 15 AND b > 95 AND MFI(10) > 60;
Sell = Cross(Close,SAR(0.01,0.2));
Short = band < 15 AND b < 5 AND MFI(10) < 40;
Cover = Cross(SAR(0.01,0.2), Close);
   
  Filter = (band < 15 AND b > 95 AND MFI(10) > 60)  OR (band < 15 AND b < 5 AND 
MFI(10) < 40);
   
  NumColumns = 1;
Column0 = Close;
 
Could someone explain what B is? 
  
Highlighted are comments I don't understand, could anyone expand on them for me?
 
Description:
 
This Tradingsystem gives buy and short signals when after Bollinger Bands got 
very narrow they spread out and the Close touches the band (top or bottom). 
Additionally the MFI has to confirm this volatility breakout. But please be 
carefull because some stock suddenly change direction and in this case the 
really change! For more information please read "Bollinger on Bollinger Bands".
  
Thanks,
  
Bill


 
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