These Bollinger Bands are exponential because the variance is calculated using the exponential moving average, rather than just adding the normal standard deviation to the ema. This may be more useful because the exponential standard deviation should be more sensitive to near term increases or decreases in volatility. Jun 25, · Standard Bollinger Bands ® indicator is based on simple moving average. This Bollinger MA Price indicator is more elastic in input parameters. It will allow you to use other moving averages, standard spectrum of applied prices and to calculate upper and lower lines more precisely with deviation as 4/4(8).
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Customizable expert advisor that trades using the MACD indicator: You should be able to use this on whatever you want?
Bollinger Bands just provide an easy way to gauge where the price could range in. No, it does not.