Bollinger Bands Compression Indicator

Bollinger Bands Compression Indicator

This is a Bollinger Bands Compression indicator. It detects volatility compression and the release of “suppressed momentum.” It can be used when it coincides with any specific trading entries — released volatility means a higher probability of making a decent profit. There is also a histogram with colored bands symbolizing weakness or strength, and a zero line crossover. Therefore, this indicator can be used both in conjunction with other indicators within trading strategies, and on its own merits to make trading decisions.

這是布林線壓縮指標。它檢測波動性壓縮和「受抑制動量」的釋放。當它與任何特定的交易條目一致時，就可以使用它——釋放的波動性意味著獲得可觀利潤的可能性更高。還有一個直方圖，帶有像徵弱點或強度的彩色帶，以及零線交叉。因此，該指標既可以與交易策略中的其他指標結合使用，也可以根據其自身的優點來做出交易決策。