I have had these laying around on my hard drive for a while. I have too many things sitting around on my computer sometimes. For strategy development, that are a much easier way to include Bollinger bands into a Ninja Trader Strategy. Well, I decided to release them in source.

• %b, pronounced ‘percent b’, is derived from the formula for Stochastics and tells you where you are in relation to the bands.
• BandWidth tells you how wide the Bollinger Bands are on a normalized basis.

You can read more at the VIX and more blog. I don’t trade VIX options, but I do enjoy Bill Luby’s blog.

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TW %b Indicator