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. |
|
|
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.