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nvrstpexploring
23 apr 2016 04:48

%Bs 

U.S. Dollar Currency IndexTVC

Beskrivning

An indicator with 10 configurable %B lines for identifying trends, overbought and oversold conditions, and reversal points. %B is a linear representation of a securities relationship to the Upper and Lower Bollinger Bands. The best opportunities arise when a security is oversold in a bullish trend and overbought in a bearish trend. The longer %B trend-lines in this indicator are very useful for major reversals. They can be used to indicate the high or low of the day on a 1-minute chart or show a multi-year reversal point.
%B = (Current Price - Lower Band) / (Upper Band - Lower Band)
Kommentarer
burgercrisis
Very curious about your length choices, I want to backtest to find why but perhaps you can save me time lol
Mer