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.
||The number of bars used to calculate the Bollinger Bands® study.|
||The number of deviations to place the bands above and below the moving average.|
||Defines with which band crossovers are to be found.|
||Defines direction of crossovers of price plot with specified band.|
||Plot displaying Bollinger Bands® crossovers.|
Bollinger Bands® is a registered trademark of John Bollinger.
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.