Arkadaşımız matriks formülünü rica etmiş, bu bağlamda matriks kodu..
İndikatörün yazarı ise şöyle açıklama yapmış :
The CCT 1.76% Bollinger Band Oscillator (CCTBO), developed by Steve Karnish of Cedar Creek Trading, reconfigures John Bollinger's classic Bollinger Bands ( envelopes plotted at two Standard Deviations above and below a moving average ) by drawing two parallel lines replacing the envelopes . The parallel lines represent a measurement of two Standard Deviations from the mean and are assigned a value of zero and 100 on the chart.
The indicator represents the price as it travels above and below the mean (50%) and outside the two standard deviations (zero and 100). Penetration of the upper band represents overbought conditions while penetration of the lower band signifies oversold conditions. Usage of the CCT 1.76% Bollinger Band Oscillator to identify 'failure swings' and 'divergences' can lead to significant reversals.
Basitçe açıklamak gerekirse 0 ve 100 seviyeleri 2 ayrı standart sapma seviyesini temsil ediyormuş..
50 seviyesini ortalama kabul etmiş yazarı 100 üzerine penetrasyonu "aşırı alım" 0 altına penetrasyonu ise aşırı satım..
Daha çok divergence içeren reversalleri tesbit edebilirsiniz diyor

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