Differences

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--- forex:indicators:bollinger_bands [2022/12/10 11:35] – peter
+++ forex:indicators:bollinger_bands [2022/12/10 12:06] (current) – peter
@@ Line 97: / Line 97: @@
 Prices > MA = Buy, Upper Band = Take Target, Or = No Signal
-During an uptrend, every Tick Price and Bollinger Band will be check.
+During an uptrend, every Tick Price and Bollinger Band will be checked.
+UPTREND
+  Price > MA
+BUY
+  * Price > MA
+CLOSE
+  * Price >= Upper Band
+----
+=== Strategy 2 - Downtrend Bollinger Band Strategy ===
+Prices < MA = Short, Lower Band = Target
+During an uptrend, every Tick Price and Bollinger Band will be checked.
+DOWNTREND
+  Price < MA
+SELL
+  * Price < MA
+CLOSE
+  * Price <= Lower Band
+----
+=== Strategy 3 - Sideways Bollinger Band Strategy ===
+Prices on Lower Band = Buy, Upper Band = Target
+Prices on Upper Band = Sell, Lower Band = Target
+During sideways, every Tick Price and Bollinger Band will be checked.
+SIDEWAYS
+  * Price > Lower Band && Price < Higher Band
+BUY
+  * Price = Lower Band
+SELL
+  * Price = Upper Band
+CLOSE
+  * (Buys)  Price >= Upper Band
+  * (Sells) Price <= Lower Band
-  * Is Price > BB
-    * NO
-      * Do Nothing
-    * YES
-      * BUY
-        * Price >= Upper Band
-          * NO
-            * Hold
-          * YES
-            * Close