Category

Multi-Bar Functions

Description

Bollinger band trend as a function

Syntax

BBTrendF(expr, len1, len2, mult)

Parameters

expr - data series formula

len1 - first lookback period

len2 - second lookback period

mult - number of standard deviations

Notes

The BBTrend indicator always uses the series of closing prices for its calculations.

This function makes it possible to calculate the Bollinger band trend of any series of values.

This function supports one-pass calculation when used in the Data Section with a non-variable count.

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