[Free] Bollinger %B


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Product Description

%B represents the location of the input price in relationship to the upper Bollinger band & lower Bollinger band. This is a useful indicator for overbought/oversold identification. There are 7 basic relationships that can be quantified:

  • %B > 100: The input price is above the upper band
  • %B = 100: The input price is exactly on the upper band
  • %B > 50: The input price is above the middle band
  • %B = 50: The input price is exactly on the middle band
  • %B < 50: The input price is below the middle band
  • %B = 0: The input price is exactly on the lower band
  • %B < 0: The input price is below the lower band
Key features:
  • Plot the Bollinger %B
  • Let you choose among 9 popular moving-average types for the underlying Bollinger middle line
  • Let you optionally smooth the underlying Bollinger middle line
  • Colorize the plot with gradient based on the value of %B
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
    NT8 only

Software Changelog

  • 15 Oct 2021 - Massive changes, fixes and improvements were made (Display name, Z order).
  • 26 Oct 2018 - The indicator was re-exported to be compatible with recent changes of the platform; the toolbar menu was removed.
  • 02 Sep 2016 - Setting groups were reordered; the indicator was re-exported to be compatible with recent changes of the platform.
  • 08 Aug 2016 - The indicator was released (converted from its NT7 version).
  • 10 Oct 2014 - Pro Colorizer was integrated.
  • 02 Aug 2014 - The indicator was released.

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From very happy customers... 500+ reviews →
  1. product_image [Free] Bollinger %B $$
    5 5

    Horizontal-Line Label

    I have downloaded Horizontal-Line Label. Perfect exactly what I wanted. Thank you very much, Pi.

  2. product_image [Free] Bollinger %B $$
    5 5

    High-Quality Indicators and Outstanding Customer Service at ninZa.co

    I have been purchasing and using indicators from ninZa.co since Larry Pi started his business with a website of about 10 indicators many years ago. And I have continued to purchase and use his indicators with additional purchases over the years. There are tons of trading vendors out there. Many I have tried and abandoned because they didn’t work and there was no customer service that I could easily email and get a prompt response for help. What makes ninZa.co so special is not just the high quality of the indicators, but the outstanding customer service and help. I have been working with Grace over the last 6 months, and she has provided prompt, cheerful, and most importantly, high-quality customer service. Larry is lucky to have her on his team! GO GRACE!!

  3. product_image [Free] Bollinger %B $$
    5 5

    Great Resource for Custom Indicators

    ninZa.co is a great resource for custom programming for NinjaTrader. The owner is very talented and also very responsive to my needs. He has made himself available nearly every hour or day of the week for me and is incredibly helpful. ninZa.co is head and shoulders above the others I have used.

  4. product_image [Free] Bollinger %B $$
    5 5

    Wonderful Trading Software

    Thanks so much for a wonderful array of indicators.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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