The ability to create and customize technical indicators is vital for making trading decisions. With BBScript it is possible and easy.
Manhattan Beach, California (PRWEB) November 23, 2011
There are many online charting services that offer a choice of technical analysis indicators. However, if a technically oriented trader wants to program an indicator or create custom analysis, desktop financial software is required. John Bollinger, the developer of Bollinger Bands, has revolutionized that. BBScript, a new web-based programming package, is now available on John Bollinger’s website for the US equity market, http://www.EquityTrader.com.
BBScript is a proprietary web-based programming language for technical analysis. It was developed to provide users with a quick, simple and easy way to implement a scripting language for plotting technical analysis indicators on EquityTrader’s interactive charts.
Using BBScript, simple or complex indicators can be plotted on the charts at EquityTrader. The charts are interactive and highly customizable. They provide features such as dragging, zooming in and out, vertical and horizontal trackers, trendlines, continuous data updates, drag and drop re-ordering of charts, etc. Now a BBScript editor is built-in and can compile and run BBScript code so the user's indicators are rendered and displayed immediately.
BBScript is cloud based. It runs in a browser and all scripts are stored safely on the website’s servers. Users can access any scripts/indicators they have created and saved from anywhere, at any time, through their browser using the BBScript interface.
On a separate website, http://www.BBScript.net, full documentation and the latest information about BBScript is available, and there is a discussion forum for users to share ideas.
In addition to being able to program indicators, EquityTrader Pro has more than 40 customizable indicators for investors to choose from, plus stock screening based on more than 15 criteria.
EquityTrader Pro offers:
- Bollinger Band pattern screening
- Basic Bollinger Band indicators: %b and BandWidth
- Exclusive new Bollinger Band indicators: BB Impulse, Percent BandWidth, BandWidth Delta
- Signal alerts (Pivots and PowerShifts), with the option receive occurring signals via email
- Interactive TrendLines you can draw on your charts
- Automated channel TrendLines to detect up and down trends
- John Bollinger's Price Magnets – exclusive to Bollinger websites
The ability for traders/investors to program, test, save, and run scripts without having to utilize a desktop software package is unique to EquityTrader. While many websites offer financial charts, being able to create and customize your own indicators provides a new level of service to EquityTrader Pro subscribers.
Designed by John Bollinger, the developer of Bollinger Bands, EquityTrader features a 54-rule fuzzy logic model that evaluates stocks in two dimensions: past performance and expected current performance. Unique trademarked “traffic lights” present a stock’s status at a quick glance.
EquityTrader provides interactive stock charts and technical analysis indicators to clarify and simplify investment decisions. Features include stock screening, versatile charts, daily lists of stock picks, intraday new highs/lows, intraday biggest movers and most active stocks, streaming index tickers, market sector and fundamental data, proprietary industry group structure with correlation for each stock with its group, sector, and a personal portfolio section.
The Pro section of EquityTrader features BBScript, Bollinger Band screening, over 40 customizable indicators including John Bollinger’s newest Bollinger Band indicators (BB Impulse, Percent BandWidth and BandWidth Delta) in addition to %b and BandWidth, automated and interactive TrendLines, and John Bollinger’s Price Magnets.
About John Bollinger
John Bollinger is best known for his Bollinger Bands, which have been widely accepted and integrated into most of the analytical software currently in use. He is the president and founder of Bollinger Capital Management, Inc., an investment management company that provides technically driven money management services. The firm also develops and provides proprietary research for institutions and individuals.
Mr. Bollinger has published the Capital Growth Letter since 1987 and is interviewed regularly on television and radio. He is a speaker at financial seminars worldwide and the founder of several financial websites: http://www.EquityTrader.com, http://www.FundsTrader.com, http://www.BollingerBands.com, http://www.BollingerOnBollingerBands.com, http://www.GroupPower.com, http://www.PatternPower.com, http://www.MarketTechnician.com and http://www.BBForex.com.
John Bollinger is the recipient of the 2005 Market Technicians Association Annual Award for Outstanding Contribution to the Field of Technical Analysis.
JOHN BOLLINGER IS AVAILABLE FOR INTERVIEW.