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Description :
Bollinger Bands were invented by John Bollinger . Used to confirm trading signals, normally from a Momentum Indicator , the bands indicate overbought and oversold levels relative to a moving average.
Bollinger Bands are calculated at a specified number of standard deviations above and below the moving average, causing them to widen when prices are volatile and contract when prices are stable.
Bollinger originally used a 20 day simple moving average and set the bands at 2 standard deviations, suited to intermediate cycles.
This study is making Bollinger Bands for different Time Frames.
The picture is to show 6hr BB on 3min Chart.
Reference about Bollinger Bands :
https://www.incrediblecharts.com/indicators/bollinger_bands.php
Bollinger Bands were invented by John Bollinger . Used to confirm trading signals, normally from a Momentum Indicator , the bands indicate overbought and oversold levels relative to a moving average.
Bollinger Bands are calculated at a specified number of standard deviations above and below the moving average, causing them to widen when prices are volatile and contract when prices are stable.
Bollinger originally used a 20 day simple moving average and set the bands at 2 standard deviations, suited to intermediate cycles.
This study is making Bollinger Bands for different Time Frames.
The picture is to show 6hr BB on 3min Chart.
Reference about Bollinger Bands :
https://www.incrediblecharts.com/indicators/bollinger_bands.php
릴리즈 노트:
name changed
코멘트
이 지표는 볼린저 밴드를 다른 시간 프레임에서 맞게 만들어 줍니다.
그림은 3분 시간 프레임에서 6시간의 BB를 보여주고 있습니다.