Summary
The Bollinger Bands indicator shows volatility.
Syntax
public BollingerBands BollingerBands(DataSeries source, int periods, double standardDeviations, MovingAverageType maType)
Parameters
| Name | Description |
|---|
Example 1
[Parameter]
public DataSeries Source { get; set; }
[Parameter(DefaultValue = 20)]
public int period { get; set; }
[Parameter("MA Type", DefaultValue = MovingAverageType.Simple)]
public MovingAverageType MAType { get; set; }
[Parameter(DefaultValue = 1.5)]
public double std { get; set; }
private BollingerBands bb;
protected override void OnStart()
{
bb = Indicators.BollingerBands(Source, period, std, MAType);
}
protected override void OnTick()
{
if (bb.Top.LastValue > Symbol.Bid)
{
Print("Bid price is higher than the Top Bollinger Band");
}
}