Bollinger Percent B Silver Technical Analysis & Bollinger Percent B Trading Signals
Created by John Bollinger
Percent B indicator is derived from Bollinger Bands.
This is an oscillator which has Three lines - 0, 50, 100
- 0 represents lower Band
- 50 represents middle Band
- 100 represents upper Band
Percent B oscillates between these three points and it shows where the xagusd trading price is in relation to the 3 Bollinger Bands.
%b indicator
When the xagusd trading price touches the upper band then the oscillator hits 100, if xagusd price moves above the upper band the oscillator moves to +100
When the xagusd trading price touches the lower band then the oscillator hits 0, if xagusd price moves below the lower band the oscillator moves to -0
When the xagusd price touches the middle band then the oscillator will be at 50.
Calculation
Percentage B = Silver Price Close - Lower Band * 100
Upper Band - Lower Band
XAGUSD Technical Analysis & Generating Trading Signals
Percent B indicates to what degree the xagusd price closes above or below any of the bands.
Buy XAGUSD Signal
Oscillator values above 50 is a bullish trading signal.
% b Bullish Buy Trading Signal
Sell Silver Signal
Oscillator values below 50 is a bearish signal.
%b Bearish Sell Trading Signal
