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Touching Lower Band on a weekly chart

Leandros
Leandros ✭
in Scanning
How would I code "Touching the Lower Bollinger Band" on a Weekly Chart
Thanks

Best Answer

  • lmkwin
    lmkwin ✭✭
    Answer ✓
    In the StockCharts.com Help there is a great tutorial on the Bollinger Band, including some suggested scan code to find certain situations.

    https://school.stockcharts.com/doku.php?id=technical_indicators:bollinger_bands

    There is also help on defining terms in the scan engine.

    https://support.stockcharts.com/doku.php?id=scans:indicators

    to turn an indicator into a weekly indicator in the scan engine, just add the word weekly in front of the indicator.

    There are also Predefined Scans on the site in the Members Tools pane and the Charts & Tools link at the top of the page. In the Predefined Scans are two Bollinger Band Scans. Open them, and in the top right corner of that window is a Edit this scan link. Click on that and it will open the Advanced Scan Workbench with the code for that scan already filled in.

    You can edit that scan code there to meet your needs and save it to your account for future use.

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