VK Bands: Indicator Documentation
Syntax
DataSeries VK_SL_Band(DataSeries ds, int IntervalSize, int IntervalCount)
DataSeries VK_SH_Band(DataSeries ds, int IntervalSize, int IntervalCount)
Parameter Description
| ds |
Data series |
| IntervalSize |
Size (in Bars) of each interval |
| IntervalCount |
Number of intervals to analyze |
Description
VK_SH_Band:
Higher Band of the VK Bands from the February 2005 issue of Active Trader Magazine.
Looks back "IntervalCount" intervals, each "IntervalSize" bars long.
Finds the
highest value of each interval and creates the
simple moving average of these highest values.
VK_SL_Band:
Lower Band of the VK Bands from the February 2005 issue of Active Trader Magazine.
Looks back "IntervalCount" intervals, each "IntervalSize" bars long.
Finds the
lowest value of each interval and creates the
simple moving average of these lowest values.
Example
For an illustration of plotting and trading the VK Bands, download the "ActiveTrader 2005-03 | The VKW Bands system" from Wealth-Lab's "Open Strategy" dialog (click "Download").