Bollinger Squeeze 3

Bollinger Squeeze 3 is a variation of the Bollinger Squeeze indicator. The indicators ATR and StdDev are used when calculating.


The indicator view in the chart.

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The indicator has the following parameters:

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Average true range

Period - period of the ATR indicator.

Multiplier - multiplication of the ATR value by the indicated coefficient.


Standart deviation

Period - period of the StdDev indicator.

Multiplier - multiplication of the StdDev value by the indicated coefficient.


Common

Source - setting of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume


Drawing
Panel - selection of the indicator location in the chart:

  • New panel
  • Chart

HighRatio,LowRatio

Show value - display of the indicator value on the price scale.

Show zero values - display of zero values.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.

Color

Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Dot
  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

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