Bollinger Band Oscillator
Bollinger Band Oscillator is a powerful tool for traders and investors who rely on Amibroker data feed. It combines Bollinger Bands with an oscillator, making it a valuable resource for analyzing price volatility and potential trend reversals. Amibroker data enables users to fine-tune their Bollinger Band Oscillator strategies, helping them make more informed decisions in the financial markets.
_SECTION_BEGIN("CCT Bollinger Band Oscillator ");
/* CCT Bollinger Band Oscillator
**
** Originally developed by Steve Karnish
** http://www.cedarcreektrading.com
**
** AFL translation by Tomasz Janeczko
**
** Set scaling: Automatic
** Grid: Middle, Level 0
*/
Graph0= 100 * ( C + 2*StDev( C, 21) - MA( C, 21 ) ) / ( 4 * StDev( C, 21 ) );
_SECTION_END();