Download MetaTrader 5

Indicators: BB-HL

To add comments, please log in or register
Automated-Trading
Admin
101260
Automated-Trading  

BB-HL:

Another variation of Bollinger Bands. In this indicator prices High and Low are used instead Close for calculating Standard Deviation.

Figure 1. The BB-HL indicator

Author: Nikolay Kositsin

Marie Mire-de-Vie
1668
Marie Mire-de-Vie  
Interesting. 
I like this which is based on Bollinger.
علی پارسا
195
علی پارسا  

Thanks .

between all BB indicator still i think iBBFill  is the best one. or Not ?!

Sergey Golubev
Moderator
94716
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Indicators: Bollinger Bands ®

newdigital, 2013.08.06 14:05

Bollinger Bands Forex Trading Strategy Summary

Bollinger Bands is a popular indicator that can be used in various ways. However, like most indicators it should not be used alone. This indicator work best combined with overbought and oversold indicators and oscillators.

Since Bollinger Bands uses volatility to determine the trend, traders should not use indicators that duplicate this information. Instead these bands should combined with indicators that measure volume or momentum. The table below summarizes trading strategies used with this indicator.


To add comments, please log in or register