How to Use Bollinger Bands For Amibroker (AFL)


Bollinger Bands afl makes trading smoothly. This afl used by every trader and set amibroker afl in every platform. Bollinger Bands Developed by John Bollinger, Bollinger bandwidth afl allows users to compare volatility and relative price levels over a period time.

Bollinger Bands are envelopes which surround the price bars on a chart. They are plotted two standard deviations away from a simple moving average. Because standard deviation is a measure of volatility, the bands adjust themselves to ongoing market conditions. They widen during volatile market periods and contract during less volatile periods.

Bollinger Bands has many concept. Also by using this concept many trader modify rules & make profitable strategy such as double Bollinger band strategy. Also in market place there is lot of modify Bollinger Bands concept which is known as a double bollinger bands afl, bollinger band and cross over system for amibroker afl, bollinger band stop loss, bollinger bands reversal, bollinger %b afl, bb squeeze indicator afl, squeeze momentum indicator afl etc.


Follow Bollinger Bands buy sell signals Below  :


Image of Simple Bollinger Band AFL [amibroker formula language].



 Download Bollinger Band AFL 

How to use  afl for Amibroker 

    • Download Amibroker AFL File.
    • Now copy the afl file and paste it to \Program Files\AmiBroker\Formulas\Custom. [For 32 bit]
      • Have you 64 bit operating system? Than paste it to :  \Program Files(x86)\AmiBroker\Formulas\Custom.
    • Go to formula section of Amibroker and you will get the afl in Custom folder.

Don’t Know How To Set Amibroker? Than Just Watch 



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