Type: Indicator
Name: BWI
BB Band Width Indicator: created by John Bollinger,
of the Bollinger band and Bollinger Capital Management fame,
as presented by John Forman in the Nov.1994 issue of
"Technical Analysis of Stocks and Commodities".

Idea: BWI is a measure of a tradeable's ability/tendency to trend.
It is faster than an ADX, in that it will move earlier and reset itself earlier too.
When the BWI is low, the volatility is low. ie. there isn't any trend.
When it has a positive slope, there is a trend.

I have added the following enhancements:
1. up/down colors for easy directional identification
2. option to use Exponential Average

[RickAce]

Hello,

Is this indicator available for download? I fail to see a link to download.

[Tams]

Originally Posted by RickAce »

Hello,
Is this indicator available for download? I fail to see a link to download.

Click on the Release button. It is located in the right column.

The file is in text format.
you will need to import it into your MultiCharts/tradestation/OEC/TraderStudio, etc.

For instruction on import, please refer to your user's guide.

[RickAce]

Originally Posted by Tams »

Click on the Release button. It is located in the right column.

The file is in text format.
you will need to import it into your MultiCharts/tradestation/OEC/TraderStudio, etc.

For instruction on import, please refer to your user's guide.

Thank you for the feedback - I was able to find the code by clicking the attached image that appears on the right side of the web page...

BTW, I am on a Mac (OSX 10.5.6) and using Firefox or Safari the "Release" button does not appear (I could not find).

Thanks again!

[Tams]

Originally Posted by RickAce »

Thank you for the feedback - I was able to find the code by clicking the attached image that appears on the right side of the web page...

BTW, I am on a Mac (OSX 10.5.6) and using Firefox or Safari the "Release" button does not appear (I could not find).

Thanks again!

the web design was changed since my post. :-(

The code is under "Download Now" section.


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