- Información general
Bollinger Band Cloud
This indicator is a bolinger cloud, the principle of operation is similar to a band, the price should be between the standard deviation.
Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price.
Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price.
Bollinger Bands use 2 parameters, Period and Standard Deviations, StdDev.