Stocks & Commodities V. 42:11 (14–17): Indicator Deviation Bands: Extending The Bollinger Bands Concept by Richard Poster, PhD
Product Description
Indicator Deviation Bands: Extending The Bollinger Bands Concept by Richard Poster, PhD
Apply the concept of trading bands to technical indi-cators to create effective trading strategies. Here’s an example.
The Bollinger Bands indicator has been an effective tool in support of trading strategies since John Bollinger developed the indicator in 1983. The indicator is typically made up of a midline for the moving average of the closing price, and upper and lower lines that are plus and minus two standard deviations from the midline ...
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