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youngman
Posted : Wednesday, March 8, 2006 8:39:53 AM
Registered User
Joined: 10/7/2004
Posts: 5
 How do you determine the settings for Bollinger Bands is the period the # of days on a daily chart? And is the width the % change in price? In practice how should they be set up.
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Bruce_L
Posted : Wednesday, March 8, 2006 9:10:16 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 The Period of a Bollinger Band is the number of bars, so it would be days in a Personal Criteria Formula or on a Daily chart. The width is in tenths of a Standard Deviation. The trainers cannot offer setting, interpretation or investment advice. I will move this topic to Stock and Market Talk where other traders are more likely to see it and comment.
-Bruce
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