Bollinger Bands® Message Board

[zogis2011@hotmail.com]

When i looked at Chart Signal i saw the following buy and sell signals:
Buy

Bandwidth = Squeeze (within last 5 days)
Today: %b >=100%

Previous: Squeeze and %b>=100 on same day


Sell
Bandwidth = Squeeze (within last 5 days)
Today: %b <=0%

Previous: Squeeze and %b<=0 on same day

My problem is that i can not interpret these.

what do me mean when we say bandwidth-squeeze (within last 5 days) how do you identify this situation on the chart?

When we say previous: squeeze and %b less than or greater than or equal to zero, what do we mean? how do you identify this on the chart?

I will greatly appreciate if can get clarifications.

thank you

[bbands@bollingerbands.com]

The precondition for the signal is that a Squeeze has occurred within the prior five periods. A Squeeze is the lowest value for bandwidth in the past 125 periods.

jab

[zogis2011@hotmail.com]

Thank you so much.

I keep this on my mind and go through the book and charts again.

If have any more problem i will revert.

Thank you once again.