What is the best way to script to find if the close if within x% of the upper and lower bolly bands?
Thanks,
Dan
Hi Dan,
You can use the WITHINRANGE() function. Here’s an example for 1% on the 20 day BB:
LL1 = BB(BARS=20).LowerLine; UL1 = BB(BARS=20).UpperLine; WITHINRANGE(CLOSE(), LL1, PERCENT=1.00) or WITHINRANGE(CLOSE(), UL1, PERCENT=1.00)
Attached is a workbook that you can download and open which has the areas shaded red for within 1% of the upper line, and green for lower line.
BBPct.owb (13.5 KB)