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.