3.5.2 Bollinger Bands - Price Just Touching/Crossing Band

Figure 3.27: Bollinger Bands - Price Just Touching/Crossing Band.

• Buy - Price touches or crosses lower band

• Sell - Price touches or crosses upper band

Parameters available:

• Period - the number of time periods for calculation of the moving average

• Std Deviation - Distance of the lower and upper bands from the moving average line

• Rule type - please refer to 140 for details

• Data type - please refer to 141 for details