VKW Bands

Modified on 2009/03/10 14:14 by Eugene — Categorized as: Community Indicators

VKW Bands: Indicator Documentation

Syntax

DataSeries VK_WL_Band(DataSeries ds, int IntervalSize, int IntervalCount)
DataSeries VK_WH_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_WH_Band: Higher Band of the VKW Bands from the March 2005 issue of Active Trader Magazine.
Looks back "IntervalCount" intervals, each "IntervalSize" bars long.
Finds the highest value of each interval and creates the weighted moving average of these highest values.

VK_WL_Band: Lower Band of the VKW Bands from the March 2005 issue of Active Trader Magazine.
Looks back "IntervalCount" intervals, each "IntervalSize" bars long.
Finds the lowest value of each interval and creates the weighted moving average of these lowest values.

Example

For an illustration of plotting and trading the VKW Bands, download the "ActiveTrader 2005-03 | The VKW Bands system" from Wealth-Lab's "Open Strategy" dialog (click "Download").