Tag Archives: bollinger bands formula
Right here comes a pleasant article from bestforexranking(dot)com on Bollinger Band Trading: Bollinger Bands encompass higher and lower band with a moving average of sure duration. The higher band and lower band is the adaptation the use of the standard deviation of value by means of multiplier. The default multiplier is x2 and the average default is 20 days moving average.
Standard Deviation The standard deviation is use to measure the range of the currency value OR price