Description
The Bollinger Bands® Long Entry strategy generates a Long Entry signal when the price crosses above the lower band.
Lower band's values are calculated by subtracting a specified number of standard deviations over a time period from the price's SMA.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars to calculate the standard deviation. |
num devs dn
|
The number of standard deviations to subtract from the price's SMA. |
bollinger price
|
The price used to calculate the Bollinger Bands® study. |
lower band price
|
The price to look for crossovers with. |
Bollinger Bands® is a registered trademark of John Bollinger.