Bollinger Bands %W

Bollinger Bands %W is an alternate implementation of the Bollinger Bands indicator.

Interface

Supported license & Trade types

Supported License	Supported Trade Types
Beginner license	Spot trading
Simple license	Margin trading
Advanced license	Leverage trading

About

To compare this indicator to the traditional Bollinger Bands, or just to see how it works, run a series of Backtests.

General Settings

• Exchange Website to monitor

• Currency Pair to monitor for trade signals

• Update Speed

• Trade Signals

Tip: The exchange doesn't have to be the same exchange you are currently trading on.

Indicator Settings

• Length

  • Number of candles (or time periods) before an action is taken.

• Dev Up

  • Standard deviation above the middle band.

• Dev Down

  • Standard deviation below the middle band.

• Buy Level

  • When the calculation result is equal or below this value, the indicator will generate a buy signal.

• Sell Level

  • When the calculation result is equal or above this value, the indicator will generate a sell signal.