Bollinger Bands for STDDEV1,2,3

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Bollinger Bands with shaded areas representing different standard deviations. The shading becomes progressively darker as you move further away from the mean,

(StdDev 1):
These lines represent the Bollinger Bands at one standard deviation away from the moving average.
They indicate a relatively narrow range of expected price movement.
When prices move outside these bands, it can suggest a potential short-term overbought or oversold condition.

(StdDev 2):
Bollinger Bands at two standard deviations away from the moving average.
They indicate a wider range of expected price movement.
These bands are often used to identify more significant overbought or oversold conditions and potential trend reversals.
This is also the area that is shaded.

(StdDev 3):
Bollinger Bands at three standard deviations away from the moving average.
They indicate an even wider range of expected price movement.
Prices rarely reach these bands, and when they do, it can signal extreme market conditions or strong trends.

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Note di rilascio

Visual changes to the Standard Chart to simplify and make it easier to interpret when layered on top of SMAs and EMAs