Bollinger Bands

What is Bollinger Bands Indicator and how it is used?

The Bollinger Bands® indicator is an oscillating indicator, developed by John Bollinger. This indicator shows the range and rate of price volatility. The indicator consists of three bands:

  • the middle band is the usual moving average
  • the top band is the moving average + 2 standard deviations
  • the lower band is the moving average - 2 standard deviations

A trader can choose the period of the moving average at his discretion, just like the number of standard deviations (standard values of 20 and 2, respectively).

The interpretation of Bollinger Bands is based on the fact that prices tend to remain between the upper and lower bands.

Features of the Bollinger Bands

  • it identifies whether a price is high or low compared to its recent moving average and predicts when it might fall or rise back to that level
  • as the price reaches the upper band, it is considered overbought and tends to fall back towards the moving average band
  • as the price reaches the lower band, it is considered oversold and tends to rise back up towards the moving average band
  • a big space between the upper and lower bands indicates price volatility is high, a small space indicates it is low
  • the direction of the trend is very simple: the price chart is between the middle and upper bands - the trend is upward (bullish), the price is between the middle and lower bands - the trend is downward (bearish)
  • after narrowing the band, sudden price changes should be expected; the longer the course is traded within the narrow limits of the price channel of the horizontal direction (flat), the stronger will be the way out of it

Bollinger Bands Simple Signals

  • when price come out the lower band to bottom, it is signal to sell
  • when price come into the lower band from bottom, it is signal to buy
  • when price come out the upper band to top, it is signal to buy
  • when price come into the upper band from top, it is signal to sell

Bollinger Bands Strong Signals

Walk on the band: when the price touches or crosses the border of the top Bollinger band, the price goes down quite a bit. Then it pushes with renewed force and continues its movement upward. This is called a walk on the band. Similarly for the price movement downward.

  • when price walks on the upper band and falls close to the middle band, it is signal to sell
  • when price walks on the lower band and grows to the middle band, it is signal to buy

"Double bottom" and "Double top"

The pattern "Double bottom" or abbreviated "W" indicates a buy signal to the following conditions:

  • the price touches or pierces the lower lane
  • then moves to the middle line and turns around
  • a new "low" is formed, which is above the lower band and does not touch it
  • the buy signal will be formed when the price crosses the middle Bollinger Band

The pattern "Double top" or abbreviated "M" indicates a sell signal to the following conditions:

  • the price touches or pierces the top band
  • then moves to the middle line and turns around
  • a new "high" is formed, which is below the upper band and does not touch it
  • the sell signal will be formed when the price crosses the middle Bollinger Band.

It should not be forgotten that the Bollinger bands are unable to accurately predict the future price movement. Other indicators, such as, for example, RSI or MACD, are additionally used to receive the confirmation signals.

Currency
Timeframe
Timeframe Value
Moving Avg Period
Band Width
CryptoCoinRankings Private Signals
@CryptoCoinRankings
Load more
2018-12-08 08:47
Yes, 15 Winners and only 1 looser ;) This is how we normally do in the VIP Club. All sports all year around
2018-12-08 08:47
Forwarded from Elite Club - By Invitation only
2018-12-09 14:07
Quick question! 👀
2018-12-10 08:57
​​New Signal guys

🏆 Signal OAX/BTC
🏛 Binance
📥 Entry limit: buy around 0.00002297
⛔️ StopLoss: 0.00001950
⭐️ Rating 3/5
⚡️ Profit goals: Short term: 0.00002600 Long-term: 0.00002800

📈 WHY?
- Chart movement looks really good
- Increased activity on the OAX platform including seminar collaborations and blockchain events

💰 What is OAX (OAX)?
OAX is a platform that seeks to eliminate the centralization of barter transactions and aims instead at decentralization, so that all transactions carried out become effective immediately. If you read this signal on other channel rather than cryptocoinrankings it means you are being fooled by scammers who copy paste our signals. The real source is always cryptocoinrankings channel. The idea of a decentralized crypto exchange platform which nonetheless keeps the benefits of a centralized model like risk assessment and a regulated dispute management system is a remarkable one, and such an exchange is bound to increase in demand in the emerging crypto world.
2018-12-12 06:55
​​🕵️‍♂️ Insider news
all you need to know today about crypto

📆MAJOR NEWS FOR 14 DEC 2018


📌CRYPTO - EVENTS

🕵️‍♂️ Herbalist Token (HERB) - 14 December 2018 - LBank Voting Competition
🕵️‍♂️ TomoChain (TOMO) - 14 December 2018 - Mainnet Launch🚀
🕵️‍♂️ BlackCoin (BLK) - 14 December 2018 - Initial Burn Offering
🕵️‍♂️ Matchpool (GUP) - 14 December 2018 - Public Chat Comment Reply


🌍NEWS AROUND THE WORLD

🕵️‍♂️ Dallas Crypto Startup Ordered to Repay Investors $2.7 Million on Defrauding Charges
🕵️‍♂️ Pantera: Most Projects in Our Portfolio Not Affected by SEC’s View of ICOs
🕵️‍♂️ Blockchain Token Projects Can Bypass U.S. Securities Registration Requirements, Says SEC Official
🕵️‍♂️ US Brokerage Giant TD Ameritrade Exploring XRP and Cryptocurrency for Retail Investors
🕵️‍♂️ Swiss Bitcoin ETP Sees Record Volume as Institutional Investors Buy the Dip
🕵️‍♂️ Ripple-Powered Payments App Launches In Korea, Major Expansion Across Southeast Asia Underway
🕵️‍♂️ Coinone rolls out remittances across Thailand and the Philippines with Ripple technology
🕵️‍♂️ Congress Members Introduce Bills to Prevent Virtual Currency Price Manipulation

💥UPCOMING NEWS, INSIDER INFO & RUMORS

🕵️‍♂️ Tron Founder Justin Sun Wants to ‘Rescue’ DApp Developers from Ethereum & EOS
🕵️‍♂️ NEO Foundation Seeking to Decentralize Four of Its Seven Nodes
🕵️‍♂️ Developer Creates iOS App to Send XRP with Simple Voice Commands
🕵️‍♂️ 0x Launches Instant, a One-Click Solution to buy ERC Tokens from dApps
🕵️‍♂️ PayPal Launches Blockchain-Based Innovation Reward System for Employees
🕵️‍♂️ TRON Releases Weekly Report, TRON Ecosystem Co-Builder Plan Will Be Launched Soon
🕵️‍♂️ ‘Unusually Large Miner Selling’ May Have Crashed BTC Price, Not Fundamentals
🕵️‍♂️ IOHK launches two new smart contract tools for Cardano blockchain
🕵️‍♂️ IOTA Creates a New Omega Team to Focus on Its Long-term Goals
🕵️‍♂️ Next Bitcoin Bull Run Matter of When – Not If, Says BTC Investor Eric Dalius
🕵️‍♂️ Binance CEO on XRP: ‘It Certainly Doesn’t Look Like a Security to Me’
🕵️‍♂️ Cardano Launches New Crypto Card, Available for Use With 33,000 Merchants
🕵️‍♂️ Weiss Ratings Says It’s Time to Buy Bitcoin (BTC) Now🔥
🕵️‍♂️ AmericanExpress signals its real-time cross-border corporate payment tests with #Ripple have been a success
🕵️‍♂️ Spend launches bitcoin payment wallet with Visa debit card

🏆 Looking for A+ winning signals by our master trader Alberto? Apply for the Elite club here http://cryptocoinrankings.com/elite
🤝 Share the insider news and help out your crypto friends navigate the markets!
2018-12-14 05:33
Forwarded from Elite Club - By Invitation only
✨✨Decent 5.66% ROI Target1 #WAVES/#BTC reached. Move your SL to 0.000666 so we are playing now with FREE money 😀✨✨
2018-12-14 10:29
2018-12-15 17:16
This account could be yours! 3rd party verified results by Betmanager, Pickmonitor and Betverify! Join and win with us!
2018-12-16 13:52
Forwarded from Elite Club - By Invitation only
✏️📈UPDATE. Our #WAVES/#BTC reached T1 and T2 and then back to entry point. Closed for Profit now 😃✏️📈
2018-12-17 10:41
X
Hey!
Subscribe to us in Telegram
Here only the most impotant
Data Saved Successfully