Bollinger Bands

Bollinger Bands are a popular technical analysis indicator that helps assess market volatility and identify possible overbought or oversold zones of an asset.

Indicator structure

  • The central line is a simple moving average (SMA) over the selected period.

  • Upper band = SMA + (standard deviation × multiplier).

  • Lower band = SMA – (standard deviation × multiplier).

  • Standard deviation is a statistical measure that reflects how far values deviate from the average.

How to enable Bollinger Bands

  1. In the exchange terminal, click Indicators.

  2. In the search field, type: “Bollinger Bands”.

Parameter settings

  • Length (Period): the number of candles used to calculate the SMA.

  • Mult (Multiplier): the standard deviation coefficient (in GinArea the available range is from 1 to 3).

    Important: use the same period and multiplier values in the exchange indicator as in your bot settings.

Using in the bot

  • Price > Bollinger → the bot will start if the price goes above the upper band of the indicator.

  • Price < Bollinger → the bot will start if the price goes below the lower band of the indicator.

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