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Bollinger Band Alert "Not Passing" / "Passing" (Ver12.3) Rate this Topic:
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maxhrush
Posted : Thursday, January 17, 2013 1:22:20 PM
Registered User
Joined: 12/30/2004
Posts: 16

Hi - I need some help understanding Bollinger Band Alert "Status" as shown in "Alert Console"

Example: On "day 1"  I see a very narrow BB and set an alert based on that band. Since price is inside the "squeeze" on "day 1" the "status" in "Alert Counsel" is "Not Passing."  Say, 5 days latter (Day 5) I get a message and on checking the "Alert Consel" reports "Passing."

Question: Does this mean (1) that price is now outside the BB's as they were calculated at the time I set the Alert (Day 1) or (2) that price is outside the BB as they are now calculated on (Day 5)?

Thanks

 

 

 

Bruce_L
Posted : Thursday, January 17, 2013 1:24:54 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It means that price is now outside the BB's as they are now calculated (on day 5).



-Bruce
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