Bollinger Bands Width

Input variables

"Price" - this can be: Close, Open, High, Low, HL MidPoint, HLC MidPoint or HLCO MidPoint
"Length" - is the number of time periods used when computing SMA

Calculation

where:

"SMA" is Simple Moving Average and "BBW" is "Bollinger Bands Width"

From "Indicator Properties" you can change the settings for indicator:

You can set line thickness, color and style. Here you can set the input variables, too. These are "Price" and "Length" are were presented at the top of page.

Bollinger Bands Width indicator on ESZ07 chart

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