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technical_indicators:bollinger_band_width [2023/09/06 21:24] jayanthi [Introduction] |
technical_indicators:bollinger_band_width [2023/09/06 21:24] jayanthi [SharpCharts Calculation] |
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| 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 Bollinger BandWidth Calculation ===== |
| <code> | <code> | ||