Bollinger Bands

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technical_indicators:bollinger_bands [2019/06/24 19:39]
127.0.0.1 external edit
technical_indicators:bollinger_bands [2020/09/28 16:49]
betseyp
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 {{:​technical_indicators:​bollinger_bands:​cs-bbands.xls?​linkonly|Click here to download this spreadsheet example.}} {{:​technical_indicators:​bollinger_bands:​cs-bbands.xls?​linkonly|Click here to download this spreadsheet example.}}
  
-**Bollinger Bands consist of a middle ​band with two outer bands.** The middle ​band is a [[:​technical_indicators:​moving_averages|simple moving average]] that is usually set at 20 periods. A simple moving average is used because the standard deviation formula also uses a simple moving average. The look-back period for the standard deviation is the same as for the simple moving average. The outer bands are usually set 2 standard deviations above and below the middle band. +**Bollinger Bands consist of a middle ​line with two outer bands.** The middle ​line is a [[:​technical_indicators:​moving_averages|simple moving average]] that is usually set at 20 periods. A simple moving average is used because the standard deviation formula also uses a simple moving average. The look-back period for the standard deviation is the same as for the simple moving average. The outer bands are usually set 2 standard deviations above and below the middle band. 
  
 {{:​technical_indicators:​bollinger_bands:​bbs-1-spyexam.png|Bollinger Bands - Chart 1}} {{:​technical_indicators:​bollinger_bands:​bbs-1-spyexam.png|Bollinger Bands - Chart 1}}
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 </​code>​ </​code>​
  
-For more details on the syntax to use for Bollinger Band scans, please see our [[docs>scans:​indicators#​bollinger_bands|Scanning Indicator Reference]] in the Support Center.+For more details on the syntax to use for Bollinger Band scans, please see our [[https://​support.stockcharts.com/​doku.php?​id=scans:​indicators#​bollinger_bands|Scanning Indicator Reference]] in the Support Center.
  
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