Bollinger %B CFD Technical Analysis and Bollinger %B CFD Signals
Created by John Bollinger
Percentage B indicator is derived from Bollinger Bands.
This is an oscillator which has Three lines - 0, 50, 100
- 0 represents lower Band
- 50 represents middle Band
- 100 represents upper Band
Percent B oscillates between these 3 points & it shows where the price is in relation to the Three Bollinger Bands.
%b indicator
When the cfd price touches the upper band then the oscillator hits 100, if cfd price moves above the upper band the oscillator moves to +100
When the cfd price touches the lower band then the oscillator hits 0, if cfd price moves below the lower band the oscillator moves to -0
When the cfd price touches the middle band then the oscillator will be at 50.
Calculation
Percent B = CFD Price Close - Lower Band * 100
Upper Band - Lower Band
CFD Technical Analysis & Generating CFDs Signals
Percent B indicates to what degree the cfd price closes above or below any of the bands.
Buy CFD Signal
Oscillator values above 50 is a bullish signal.
% b Bullish Buy CFD Signal
Sell CFDs Signal
Oscillator values below 50 is a bearish trading signal.
%b Bearish Sell CFD Signal
