Bollinger bands / Connectable [Azullian]

Category: volatility

A modular Bollinger Bands implementation designed to work within the 'Connectable' ecosystem, providing weighted signals for oversold/overbought conditions.

Formula

Basis = SMA(Price, Length) \nUpper = Basis + (StdDev * Multiplier) \nLower = Basis - (StdDev * Multiplier) \nSignal = Price < Lower (oversold) OR Price > Upper (overbought)

Inputs

• Length (default: 20)
• Standard Deviation (default: 2.0)
• Signal Mode (default: Entries)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.