"BollingerBands" (Financial Indicator)
"BollingerBands" (Financial Indicator)
Commonly abbreviated as BBands or BB.
Is a volatility indicator.
Is computed using the closing price.
Returns three time series consisting of a 20-period moving average of the closing price and bands that are two standard deviations above and below the moving average.
FinancialIndicator["BollingerBands",n,b] uses period n moving averages and bands b standard deviations from the moving average. The first n1 values in the time series are computed using partial periods.
Examples
TradingChart[{"MSFT", {{2009, 1, 1}, {2009, 3, 31}}}, {"BollingerBands"}]See Also
Indicator Types: SimpleMovingAverage ▪ StandardDeviation ▪ StandardDeviationChannels ▪ KeltnerChannels
History
Introduced in 2010 (8.0)