Bollinger Band

Modified on Wed, 29 Jan at 2:15 PM

The B Bollinger Bands are a technical analysis indicator developed by John Bollinger in the 1980s, used to measure market volatility and identify potential trading opportunities.

The Bollinger Bands indicator is a powerful technical analysis tool that provides valuable insights into volatility, overbought/oversold conditions, and potential trend reversals.

This indicator consists of a center line, typically a simple moving average (SMA), and two outer bands representing the standard deviations from the SMA.


INDEX



Setting Usage

Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the indicator's functionality.



PARAMETERS

In the Parameters section you can choose the Input for the database, the length of the indicator and the value of the standard deviations.




SERIES

In the Series section, you can set the colors and style of Bollinger Avg, Bollinger Upper band and Bollinger Lower band.





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