Bollinger Bands and related indicators %b and BandWidth are technical analysis tools invented by John Bollinger in the 1980s. By definition, prices are high at the upper band and low at the lower band. %b, pronounced 'percent b', is derived from the formula for Stochastics and tells you where you are in relation to the bands.
Bollinger Bands and related indicators %b and BandWidth are technical analysis tools invented by John Bollinger in the 1980s. By definition, prices are high at the upper band and low at the …