Purpose:- Used to identify volitality. Formation:- Upper band &lower 2 deviation period (SD used because 95% price movements fall in 2 SD.) & Middle band 20 MA (for trend identif.) Squeeze:- Upper & lower come closer (consolidation) Expansion:- Upper & lower bands far from MA. (volatility, overbought, oversold, trend)
Bollinger band Purpose:- Used to identify volitality. Formation:- Upper band &lower 2 deviation period (SD used because 95% price movements fall in 2 SD.) & Middle band 20 MA (for trend identif.) Squeeze:- Upper & lower come closer (consolidation) Expansion:- Upper & lower bands far from MA. (volatility, overbought, oversold, trend)
#PriceTrendAnalysis Bollinger bnds volatility indicators Purpose:- Used to identify volitality. Formation:- Upper band &lower 2 deviation period (SD used because 95% price movements fall in 2 SD.) & Middle band 20 MA (for trend identif.) Squeeze:- Upper & lower come closer (consolidation) Expansion:- Upper & lower bands far from MA. (volatility, overbought, oversold, trend)
#LitecoinETF BOLLINGER bands Purpose:- Used to identify volitality. Formation:- Upper band &lower 2 deviation period (SD used because 95% price movements fall in 2 SD.) & Middle band 20 MA (for trend identif.) Squeeze:- Upper & lower come closer (consolidation) Expansion:- Upper & lower bands far from MA. (volatility, overbought, oversold, trend)