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Bollinger Percent B Technical Analysis & Bollinger Percent B Signals

Created by John Bollinger

Percentage B indicator is derived from Bollinger Bands.

It Is an Oscillator with Three Lines: 0, 50, and 100

  • 0 represents lower Band
  • 50 represents middle Band
  • 100 represents upper Band

Percentage B fluctuates between these three reference points, indicating the price's standing relative to the Three Bollinger Bands.

%B Indicator Example Explained - Bollinger Percent B Strategies Lesson

%b indicator

When the price touches/tests the top line, the oscillator hits 100: if gold price goes past the top line, the oscillator goes to +100.

When the price touches or tries the lower level, the indicator touches 0: if the price of gold goes lower, the indicator goes to -0.

When the price touches or tests the mid-band, the technical oscillator will register at 50.

Calculation

Percent B is calculated as Price Close minus Lower Band times 100.

Upper Band - Lower Band

Technical Analysis & Generating Signals

Percentage B indicates the extent to which the price closes above or below any of the bands.

Buy Signal

Oscillator values above 50 is a bullish.

Analysis of the Bollinger Percent B Indicator - A Practical Look at the Bollinger Percent B Indicator for Gold

% b Bullish Buy Trade Signal

Sell Signal

Oscillator Indicator values below 50 is a bearish signal.

How Do I Add Bollinger Percent B Indicator in Chart in Platform?

%b indicates Bearish Sell Signal

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