Bollinger Bands - Percentage
Bollinger Bands - Percentage is calculated on the basis of the Bollinger Bands indicator. It is a percentage difference between the current price and Bollinger levels.
The indicator view in the chart.
The indicator has the following parameters:
- Bottom Band - comparison of the price with the lower Bollinger level.
- Middle Band - comparison of the price with the middle Bollinger level.
Period - period of the Bollinger Bands indicator.
Channel Width - channel width between the upper and lower Bollinger levels.
Source - setting of the indicator calculation parameters:
Panel - selection of the indicator location in the chart:
- New panel
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.
Visual type - visual setting of the indicator display in the chart:
- Up arrow
- Down arrow
- Axis label
Line style - setting of the line display style:
- Dash - dot
- Dash - dot - dot
Width - setting of the indicator line width.
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