Blog : Bollinger Bands Indicator

Bollinger Bands

Consists of a moving average and two standard deviation lines, indicating volatility and potential overbought/oversold conditions.

Bollinger Bands Inputs
Trend Following Mean Reversion
Length 20 Length 20
Standard Deviation 2.0 Standard Deviation 2.0
Source close Source close
Bollinger Bands Long - Entry Trigger Long - Exit Trigger Short - Entry Trigger Short - Exit Trigger
Trend Following Price crossover Upper Band Price crossunder Middle Band Price crossunder Lower Band Price crossover Middle Band
Mean Reversion Price crossunder Lower Band Price crossover Middle Band Price crossover Upper Band Price crossunder Middle Band
Bollinger Bands Long - Entry Confluence Long - Exit Confluence Short - Entry Confluence Short - Exit Confluence
Trend Following Price > Upper Band Price < Middle Band Price < Lower Band Price > Middle Band
Mean Reversion Price < Lower Band Price > Middle Band Price > Upper Band Price < Middle Band