From 46384b0d5274aa5e890addd05d4142d0d6a26191 Mon Sep 17 00:00:00 2001 From: Luis Fernando Molina Date: Fri, 26 Apr 2019 22:04:05 +0200 Subject: [PATCH] Update README.md --- README.md | 9 +++++++++ 1 file changed, 9 insertions(+) diff --git a/README.md b/README.md index 3785f211e..bac69825d 100644 --- a/README.md +++ b/README.md @@ -84,4 +84,13 @@ Superalgos is an open system, that means anyone can build more layers for this c ![image](https://user-images.githubusercontent.com/9479367/56822975-f34c9480-6852-11e9-9175-19d397b89441.png) +5. Bollinger Bands: this is the traditional Bollinger Bands indicator as described here: https://en.wikipedia.org/wiki/Bollinger_Bands + +Bollinger Bands have a moving average, in our case calculated with the last 20 periods. (It is the line in the middle of the bands.). We are plotting the moving average with one color when it is going up, and another color when it is going down. The upper band is at 2 Standard Deviations from the center and the lower band too, at 2 Standard Deviations. It is the most widely used Bollinger Bands settings. + +![image](https://user-images.githubusercontent.com/9479367/56833341-82b37100-686e-11e9-8b17-55b3bf7a8fdb.png) + + + +