Hi all,

I have been trying to code the following but I am really to bad at that:

n=50;//lookback period as extern int
Period=21;//default BB setting

BandWidth[i]=Upper[i]-Lower[i] (more exactly= pips between high and low)

AvgBandwidth[i]=Average bandwidth over the last n period

SqueezeRatio[i]=BandWidth[i]/AvgBandwidth[i]

That is: if the squeeze ratio gets very low you'll have a breakout.

Can somebody help?

Thanks

Nick

Nick, if you are trying to see the squeeze as in the "Senters squeeze"

which can be found on tradethemarkets.com.

then simply load the BBands on your charts, then load the keltner channels on the same chart, change the colors on either the BBands or keltner so you can tell them apart.
Next make the line width on either larger, I used to like the keltner to be larger.
You should now be able to see when the squeeze happens

i find this tool very useful, thanks for sharing

streamyx

Sounds interesting but I am quite new with Bollinger. Does it work like that : you detect bollinger squeeze to a certain level and when a candle breaks it, you put orders depending on whether it goes up or down ? And if my question is totally silly, please tell me

Quote:
Originally Posted by nicogris
Hi all,

I have been trying to code the following but I am really to bad at that:

n=50;//lookback period as extern int
Period=21;//default BB setting

BandWidth[i]=Upper[i]-Lower[i] (more exactly= pips between high and low)

AvgBandwidth[i]=Average bandwidth over the last n period

SqueezeRatio[i]=BandWidth[i]/AvgBandwidth[i]

That is: if the squeeze ratio gets very low you'll have a breakout.

Can somebody help?

Thanks

Nick


BB squeeze indis works on effect StdDeviation (bb) getting lower than ATR (BB contracts before expending) - you can take it as example and play wit nuances

p.s. dem ...it was 2006 post
i might be a bit late...

Been fooling around with bollinger, and got something like this...
An ugly bugger , but it seems to be showing some useful info (mostly on longer time frames).
So if anyone finds it useful ... good luck with it

Attached Images

bb experiment.gif (24.4 KB, 319 views)

Attached Files

Bollinger bands experiment.mq4 (3.5 KB, 105 views)

Nice and effective is this BB. Thank You!