Bollinger Bands Indicator
Posted: Tue May 12, 2020 12:19 pm
The Bollinger Bands indicator, which is available on the Bookmap Marketplace.
The indicator displays the Bollinger Bands based on Single or Exponential Moving Averages:
The settings panel lets you to configure the Bollinger Bands Indicator as described below:
(Please do not forget to hit Enter if you change numerical fields)
Moving Average Type: The Moving Average used for the calculations (SMA - Simple Moving Average or EMA - Exponential Moving Average)
Bar Interval: The bar interval for the calculation. It is focusing on day traders and scalpers therefore shorter periods are available (1s, 2s, 5s, 10s, 30s, 1m, 5m)
Bollinger Band Period Length: The number of bars to use for the Keltner Channel calculation. (It must be a round number)
STDV Multiplier: Standard Deviation Multiplier to be able to scale the top and bottom bands. (It must be a decimal number)
Middle Band line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
Top and Bottom line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
Line Width: Drawing thickness of the line
Color Settings: Choose the color for all lines.
The indicator displays the Bollinger Bands based on Single or Exponential Moving Averages:
The settings panel lets you to configure the Bollinger Bands Indicator as described below:
(Please do not forget to hit Enter if you change numerical fields)
Moving Average Type: The Moving Average used for the calculations (SMA - Simple Moving Average or EMA - Exponential Moving Average)
Bar Interval: The bar interval for the calculation. It is focusing on day traders and scalpers therefore shorter periods are available (1s, 2s, 5s, 10s, 30s, 1m, 5m)
Bollinger Band Period Length: The number of bars to use for the Keltner Channel calculation. (It must be a round number)
STDV Multiplier: Standard Deviation Multiplier to be able to scale the top and bottom bands. (It must be a decimal number)
Middle Band line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
Top and Bottom line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
Line Width: Drawing thickness of the line
Color Settings: Choose the color for all lines.