Hi Larry
Thanks for the quick response. As per your first post, it sounds intuitive that if using 10 periods then PercentRank() would be in multiple of 10's.
I will also investigate the details of your second post.
Looking at a visual chart using BBands, it was getting close to selecting the lowest value, although there seemed to be a time lag (I should have shown when the "1"'s come up also in the details I posted)
Also, looking at the visual charts, there is definately something in the squeeze, you see quite often the 'the squeeze" and then a big break out (either to the upside or downside)
I have read Bollinger's book so am aware of the other indicators to look for.
It was just getting the scan to identify when the bandwidth reduces on itself over a specified period. To see the start of the setup I was having issues with.
Thanks Larry, prosperous trading
Cheers Adam
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Posted by: madwill26@yahoo.com.au
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