real tick settings for Bbands

Discussion in 'Trading Software' started by marketsurfer, Feb 29, 2004.

  1. marketsurfer

    marketsurfer Sponsor

    greetings,

    i recently started using real tick, and am having difficulty setting the bollinger band parameters. the basic formula for the bands is a 20 sma with the upper band being +2 * 20 period standard deviation and the lower band being - 2*20 period standard deviation. this is a simple technical tool, yet the folks at real tick have been unable to help me in this regard.

    any ideas ?


    thanks !

    surfer
     
  2. newtoet

    newtoet

    Maybe I misunderstand, but all you have to do is pick upper and lower envelope, click parameters, pick the button for bollinger bands (default should already be 2), click ma parameters, enter 20 (simple and close should be the default).
     
  3. marketsurfer

    marketsurfer Sponsor


    i wish ! when i do this, the bands are totally convoluted and do not maintain the deviations.

    surfer
     
  4. newtoet

    newtoet

    I don't understand - mine are fine and match what I have on another program.

    :confused:
     
  5. marketsurfer

    marketsurfer Sponsor


    that is wild. mine are totally out of wack, with the lower band crossing the 20 sma, etc. not sure what to do.

    s