Description
The Bollinger Bands® Short Entry strategy generates a Short Entry signal when the price crosses below the upper band.
Upper band's values are calculated by adding a specified number of standard deviations over a time period to the price's SMA.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars to calculate the standard deviation. |
num devs up
|
The number of standard deviations to add to the price's SMA. |
bollinger price
|
The price used to calculate the Bollinger Bands® study. |
upper band price
|
The price to look for crossovers with. |
Bollinger Bands® is a registered trademark of John Bollinger.