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.