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 
!INPUTS: 
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).

—Richard Denning
info@TradersEdgeSystems.com
for AIQ Systems