BollingerBandsCrossover

Description

The Bollinger Bands® Crossover study is a technical indicator showing price breakouts from Bollinger Bands. Price plot crossing below the upper band signifies that market has moved from overbought conditions; conversely, if the price plot crosses above the lower band, it is considered leaving the oversold area.

Input Parameters

Parameter Description
length The number of bars used to calculate the Bollinger Bands® study.
std deviation The number of deviations to place the bands above and below the moving average.
band Defines with which band crossovers are to be found.
crossing type Defines direction of crossovers of price plot with specified band.

average type

The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull.

Plots

Plot Description
signal Plot displaying Bollinger Bands® crossovers.

Bollinger Bands® is a registered trademark of John Bollinger.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

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