Narrow Bollinger Band AFL

singhboy

Active Member
#1
Hi guys, can any1 pls write the afl to scan for the stocks which trade within very narrow bollinger band. And we could scan it on differnt time frames. Pls if any1 have this, post it here. I desperately need it
 

singhboy

Active Member
#3
Finally made it. It was so simple, none bothered to help me :down: But whateva happens, happens for gud. I learned alot while searching how to make this afl. Try this afl on 5 n 15 mint time frame n trade in the direction of breakout. For big moves or postional trades, explore on hourly charts, n edit Filter= A-B< .03*C

A= BBandTop(Close, 20, 2 );


B= BBandBot( Close, 20, 2 );
Filter= A-B< .005*C AND Volume>10000 AND (Close>200);
SetOption("NoDefaultColumns", True);

AddTextColumn(Name(), "Symbol");
AddColumn(DateTime(), "Date", formatDateTime);
AddColumn(C, "CMP", 1.2);
 

singhboy

Active Member
#4
If u explore it on Hourly chart n trade like NR7 set up n style, it could prove out to be better than NR7 scan
 
#5
Finally made it. It was so simple, none bothered to help me :down: But whateva happens, happens for gud. I learned alot while searching how to make this afl. Try this afl on 5 n 15 mint time frame n trade in the direction of breakout. For big moves or postional trades, explore on hourly charts, n edit Filter= A-B< .03*C

A= BBandTop(Close, 20, 2 );


B= BBandBot( Close, 20, 2 );
Filter= A-B< .005*C AND Volume>10000 AND (Close>200);
SetOption("NoDefaultColumns", True);

AddTextColumn(Name(), "Symbol");
AddColumn(DateTime(), "Date", formatDateTime);
AddColumn(C, "CMP", 1.2);
Brother, How can i use this one for EOD exploration? In Bangladesh we dont have realtime trading facily in AMibroker.
 

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