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Bollinger Percent B Forex Technical Analysis and Bollinger Percent B Forex Trading Signals

Developed by John Bollinger

 

Percent B indicator is derived from Bollinger Bands.

 

This is an oscillator which has 3 lines - 0, 50, 100

 

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

 

Percent B oscillates between these three points and it shows where the price is in relation to the 3 Bollinger Bands.

Bollinger Percent %B Indicator

%b indicator

 

When the price touches the upper band then the oscillator hits 100, if price moves above the upper band the oscillator moves to +100

 

When the price touches the lower band then the oscillator hits 0, if price moves below the lower band the oscillator moves to -0

 

When the price touches the middle band then the oscillator will be at 50.

 

 

Calculation

 

Percent B = Currency Price Close - Lower Band * 100

Upper Band - Lower Band

 

 

Forex Technical Analysis and Generating Forex Trading Signals

Percent B indicates to what degree the price closes above or below any of the bands.

 

Buy Signal

Oscillator values above 50 is a bullish signal.

 

Bollinger Percent %B Indicator Bullish buy Signal

% b Bullish Buy Signal

 

Sell Signal

Oscillator values below 50 is a bearish signal.

Bollinger Percent %B Indicator Bearish Sell Signal

%b Bearish Sell Signal

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