The importable AIQ EDS file based on Vitali Apirine’s two-part article, (“Moving Average Bands,” part 1, July 2021 issue, and “Moving Average Band Width,” part 2, August 2021 issue) in Stocks & Commodities magazine can be obtained on request via email to info@TradersEdgeSystems.com. The code is also shown below.
Vitali presents moving average bands (MAB), an indicator based on the distance between the bands. MAB width lines can foreshadow strong market moves or a change in trend…
!Moving Average Bands
!Moving Average Band Width
!Author: Vitali Aprine, TASC July & Aug 2021
!Coded by: Richard Denning, 6/14/2021
Len1 is 50.
Len2 is 10.
Mult1 is 1.
C is [close].
MA1 is expavg(C,Len1).
MA2 is expavg(C,Len2).
MAdiff is MA1 - MA2.
DV is sum(MAdiff*MAdiff,Len2) / Len2.
Dev is sqrt(DV)*Mult1.
MABup is MA1 + Dev. MABmid is MA1.
MABdn is MA1 - Dev.
MABW is (MABup - MABdn) / MABmid * 100. LowMABW is lowresult(MABW,Len1).
Figure 13 shows the MAB and MABW indicators on a chart of Apple, Inc. (AAPL).
FIGURE 13: AIQ. This shows the MAB and MABW indicators on a chart of Apple, Inc. (AAPL).
for AIQ Systems