Bollinger Bands Trading Bot
0
People bought
Min. Amount of investment
25
Profit
High
Bot lifespan
30-90 days
Bollinger Bands Trading Bot

Bollinger Bands combine a trend indicator, a volatility indicator, and an oscillator. The bands indicate the price movement direction and the price fluctuation range and consider the current trend and volatility level. This indicator consists of three lines: a moving average in the middle (it shows the main movement direction) and two lines on both sides of the moving average (they show the volatility level).

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About Bollinger Bands Trading Bot
Bollinger Bands Trading Bot
Setup Guide

Simple steps to set BB bot

  1. Set up the time frame for the bot.
  2. Set up the BB indicator length (number of candles to calculate the indicator values).
  3. A standard deviation for building the indicator lines.

You can always deactivate the bot or change its settings.

How It Works

BB bot places orders based on the data of the Bollinger Bands indicator. When the asset price crosses the lower indicator line, a Buy signal is formed. When the asset price crosses the upper indicator line, a Sell signal is formed.

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