Indian ocean maritime trade system
{PARAGRAPH}Bollinger band is an universally used volatility indicator by bollinger to identify squeeze and breakouts. In Amibroker Formula Language you need to calculate bollinger before using them as there is no bands indicator. As mentioned above Bollinger BandWidth is an indicator derived from Bollinger Bands and it usually measures the percentage amibroker between upper and lower bands. Bollinger BandWidth is calculated as follows:.
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