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Bollinger Bands

Bollinger Bands

Hi Qlikers,

This document demonstrates the Bollinger Bands.

Many traders use Bollinger Bands to determine overbought and oversold levels, selling when price touches the upper Bollinger Band and buying when it hits the lower Bollinger Band.

Components of Bollinger Bands

1) Avg Stock Price

    It's simple Avg of stock price.

2) Moving Avg of Stock Price

    It's Moving Avg of Stock price over last n Period

3) Upper Band

    Moving Avg of Stock Price + Std Deviation over last n Period * Std Deviation Multiplier

4) Lower Band

    Moving Avg of Stock Price - Std Deviation over last n Period * Std Deviation Multiplier

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Note :

1) User can select the Moving period and Std Deviation multiplier by own.

2) When you see the Bollinger Band by week, you can choose the Moving period from 1 to 50.

3) When you see the Bollinger Band by month, you can choose the Moving period from 1 to 10.

4) You can input the Std Deviation multiplier from 0.01 to 4.


Please see the attached Application


If you liked this then also see

Benford's law

Control Chart

Attachments
Comments
prasad_dumbre
Contributor

Nice Once Kushal . . .

Not applicable

Good One Kushal. Useful information.

selcukcadir
Contributor

Very nice article

aniketsr
New Contributor III

Nice article sir thank you for the information will help us a lot in portfolio management function

jatin222kolhe
New Contributor II

Good ,keep it up

Not applicable

Good Article Kushal..

Not applicable

Nice Article Kushal. Thanks

manojkulkarni
Valued Contributor II

Good One. Useful information. It will help people who want to create stock charts

ahaahaaha
Honored Contributor

Thank you for the interesting information.

chkelley
New Contributor III

Any chance you have a version of this application that is compatible with Qlik Sense?

Version history
Revision #:
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Last update:
‎03-05-2016 11:57 AM
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