Lecture 17

Indicators
Technical indicator: Mathematical computation based on historical price and vol-
ume which aims to help forcast futur price mouvement and is mostly used for entry/
exit signals.

Bollinger Bands
Bollinger bands are composed of a N-period moving average and two bands. An up-
per band that is set at X times above the moving average, and a lower band that is set
X times bellow the moving average.