Walking The Bands
Inspired by Chapter 14 "Walking The Bands" from "Bollinger on Bollinger Bands". Options to track either consecutive tags of the upper/lower bands, or crosses outside the bands.
When looking at periods when the price "walks the bands", John Bollinger recommends Intraday Intensity and/or Accumulation Distribution for confirmation of trend continuation or signs of reversal.
This indicator isn't designed for buy/sell signals alone but is quite versatile in the insights it can give when matched with other indicators.
When looking at periods when the price "walks the bands", John Bollinger recommends Intraday Intensity and/or Accumulation Distribution for confirmation of trend continuation or signs of reversal.
This indicator isn't designed for buy/sell signals alone but is quite versatile in the insights it can give when matched with other indicators.
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