Bollinger Bands Width Indicator and Its Configurable Inputs

Summary

This document introduces a Bollinger Bands Width indicator, a measure based on Bollinger Bands, and lists its configurable inputs: the band period, deviation multiplier, applied price, and horizontal shift. The defaults shown are a period of 20, deviation of 2.0, closing price, and no shift. It notes that one application method appeared in a 2006 issue of FOREX Magazine, but does not describe that method or explain how to interpret width values.

The material is primarily an indicator reference rather than a trading strategy. It gives implementation context, including that the indicator was first published in 2007, but provides no formula details, signal thresholds, market examples, performance results, or risk analysis. Bollinger Band width is commonly used to assess changes in volatility, but this document alone does not specify how to turn that observation into entries, exits, or position sizing. Its value is therefore limited to identifying the indicator and its available settings.

Key ideas

• The indicator represents Bollinger Bands width.\nIts listed inputs include period, deviation, applied price, and horizontal shift.\nThe documented defaults are a period of 20 and a deviation of 2.0.\nThe document does not explain signal interpretation or provide performance evidence.

Tags

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