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Traders' Tips | JUL 2000
Traders' Tips
Here is this month’s selection of Traders’ Tips, contributed by various developers of technical analysis software to help readers more easily implement some of the strategies presented. Internet users will also find these and some previous Traders’ Tips on our Website at http://www.Traders.com. BIOCOMP In ""Bollinger Band Targets"" by Benjamin Cotton in this issue, the future price that is required to cross a Bollinger Band is calculated. A similar indicator available within Biocomp Profit, WinPctB, calculates price relative to a Bollinger Band. WinPctB is the percentage distance from +/-2 standard deviations from the mean of price over a user-definable time window. Although it doesn’t calculate a future price as Cotton describes in his article, WinPctB provides valuable information. To employ the stated transformation, follow these steps:
by Technical Analysis, Inc.
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