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Bollinger Bands as Oscillator II by Alberto Torchio
I am sure Steve has done something better, but here is a simple (MetaStock)
formula allowing you to draw Bollinger Bands as an oscillator:

Bollinger Bands as Oscillator II

100*(C-Mov(C,20,S)+2*Stdev(C,20))/(4*Stdev(C,20))

 

e-w-Bollinger_Bands_Oscillator_II.gif
Alberto Torchio
Torino, Italy
Source / From: TOP
http://www.guppytraders.com

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