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Old 01-06-2009, 12:49 PM
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Bollinger Bands
Hi. One of the strategies I am researching requires 3 bollinger band lines. On my charts when I turn on the BB I only see 2 lines. The description in the course sets it at 18,Exponential (shows on their chart as 18,E,2) and uses the middle line along with a 3 EMA.
Is there a way to get that middle line to show up using the fxcm trading station.
Thanks
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Old 01-06-2009, 06:47 PM
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Quote:
Originally Posted by peitrader View Post
Hi. One of the strategies I am researching requires 3 bollinger band lines. On my charts when I turn on the BB I only see 2 lines. The description in the course sets it at 18,Exponential (shows on their chart as 18,E,2) and uses the middle line along with a 3 EMA.
Is there a way to get that middle line to show up using the fxcm trading station.
Thanks
The line in the middle is simply an exponential moving average, so plot this 18 period exponential average first and then plot the B.Bands with 18 and 2 as parameters.
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Old 01-08-2009, 05:07 PM
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Quote:
Originally Posted by peitrader View Post
Hi. One of the strategies I am researching requires 3 bollinger band lines. On my charts when I turn on the BB I only see 2 lines. The description in the course sets it at 18,Exponential (shows on their chart as 18,E,2) and uses the middle line along with a 3 EMA.
Is there a way to get that middle line to show up using the fxcm trading station.
Thanks
Hey, your question inspired me to research and write post in my LUA blog!
See solution here:
http://fxlua.livejournal.com/1130.html

I hope it will be useful for you
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