Advantages Bollinger Bands are visually easy to interpret They can be used both as a volatility indicator and a momentum oscillator Bollinger Bands can be applied on any underlying asset across any time frame The indicator generates signals that not only provide precise entry levels, but also specify stop loss and take-profit zones Disadvantages Bollinger … Read more
By Akshay Chaudhary This blog focuses on helping traders identify market trends and make more confident trading decisions using five popular technical indicators: Moving Averages, ADX, MACD, RSI, and Bollinger Bands. Each is explained with examples and accompanied by Python code snippets to help you implement them in your own strategy. Before diving into this … Read more
[_____ GENERAL PARAMETERS _____] Session Status “Session_On”: Next session starts automatically “Session_Once”: Next session starts automatically, but after the session was closed, no more sessions opened automatically until set to “SESS.ON” by the Panel’s button. “Session_Off”: Opening of sessions disabled. Play Sound on Profit Closing Plays the sound similar to “ta-ta!”, if the session became … Read more
Traders and investors use Bollinger bands to assess the expected price action in the financial markets. Bollinger Bands is a viral technical trading tool plotted at a standard deviation above and below a simple moving price average. It is the most reliable and useful trading tool since it can predict whether the stock is oversold … Read more