PoztmanWorld Economy

Bollinger Bands John Bollinger was established in 1980. Bollinger studied moving averages and experimented with a new envelope (channel) indicator. This study was among the first to measure the volatility of a dynamic movement. This tool provides a definition of the relatively high price / low top and bottom end. Bollinger bands consist of three soft lines. The center line is the simple moving average, generally as a period of 20 (number of bar / ticks in a defineda certain period), and create a basis for the upper and lower edges for use. The top band is the band added to the East as deviation multiplied by a certain period of moving average. The lower band is the Middle band deducted from the deviation data, multiplied by a certain period of moving averages. What should I do? 1.Trend – if the price goes outside the band, it is assumed that the current trend will continue. The group-2.Volatility expand or contract the exercise price is morebirds or the structure of trade is close, which are in any context. 3.Determine oversold / overbought conditions could – if the price is still hit the upper band (the price is overbought suggest sell). Could (if the price continues to hit lower band, the price is considered oversold suggest, buy). You can market the club Bollinger Bands used in the column studies mapping applet. Choose Bollinger Bands study and enter the standard deviation and the period (the default / recommended settings…