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technical_indicators:bollinger_band_width [2019/09/07 00:32] betseyp [Bollinger Band Breakout] |
technical_indicators:bollinger_band_width [2023/09/06 21:24] jayanthi [Introduction] |
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====== Bollinger BandWidth ====== | ====== Bollinger BandWidth ====== | ||
- | ===== Introduction ===== | + | ===== What Is Bollinger BandWidth? ===== |
Bollinger BandWidth is an indicator derived from [[:technical_indicators:bollinger_bands|Bollinger Bands]]. In his book, //Bollinger on Bollinger Bands//, John Bollinger refers to Bollinger BandWidth as one of two indicators that can be derived from Bollinger Bands (the other being %B). | Bollinger BandWidth is an indicator derived from [[:technical_indicators:bollinger_bands|Bollinger Bands]]. In his book, //Bollinger on Bollinger Bands//, John Bollinger refers to Bollinger BandWidth as one of two indicators that can be derived from Bollinger Bands (the other being %B). | ||
- | BandWidth measures the percentage difference between the upper band and the lower band. BandWidth decreases as Bollinger Bands narrow and increases as Bollinger Bands widen. Because Bollinger Bands are based on the standard deviation, falling BandWidth reflects decreasing volatility and rising BandWidth reflects increasing volatility. | + | BandWidth measures the percentage difference between the upper band and the lower band. BandWidth decreases as Bollinger Bands narrow and increases as Bollinger Bands widen. Because Bollinger Bands are based on the standard deviation, falling BandWidth reflects decreasing volatility, and rising BandWidth reflects increasing volatility. |
===== SharpCharts Calculation ===== | ===== SharpCharts Calculation ===== |