BB-EMA-MA

21 ก.ย. 2022

Wikipedia: Bollinger Bands are a type of statistical chart characterizing the prices and volatility over time of a financial instrument or commodity, using a formulaic method propounded by John Bollinger in the 1980s. Financial traders employ these charts as a methodical tool to inform trading decisions, control automated trading systems, or as a component of technical analysis. Bollinger Bands display a graphical band (the envelope maximum and minimum of moving averages, similar to Keltner or Donchian channels) and volatility (expressed by the width of the envelope) in one two-dimensional chart.

If you set Type = 2 then it will use EMA average for Bollinger bands .
If you set Type = 1 then it will use MA average for Bollinger bands .
Default settings is moving average with period 50

When price move to standard Deviation (std) +2 and std +3 is signal for sell ( selling zone)
When price move to standard Deviation (std) -2 and std -3 is signal for sell ( buying zone)

24 ก.ย. 2022

เอกสารเผยแพร่

Add one more Bollinger Band, change some default settings