Bollinger Band Cloud Colors Upper and Lower Band Crossings

Summary

This indicator displays Bollinger bands with a colored cloud. It has two configurable inputs: the calculation period and the deviation. The document describes the cloud’s color as a visual cue for price crossing a band: blue for an upper-band crossing and pink for a lower-band crossing.

The description gives no entry or exit rules, performance results, or details about how crossings are calculated or handled between bars. It therefore presents a charting aid rather than a complete trading strategy. Traders would need to choose the settings and decide how to interpret the signals within their own analysis; the indicator description alone does not establish that either crossing predicts a profitable move.

Key ideas

• The indicator plots Bollinger bands with a colored cloud.
• Its period and deviation are configurable.
• The cloud turns blue when price crosses the upper band.
• The cloud turns pink when price crosses the lower band.
• The description provides no trading rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.