Bollinger Bands Upper (BBU)

Namespace: OpenQuant.API.Indicators
Assembly: OpenQuant.API (in OpenQuant.API.dll)

Syntax

Visual Basic (Declaration)
Public Class BBU Inherits Indicator

C#
public class BBU : Indicator

C++
ref class BBU : Indicator

J#
public class BBU extends Indicator

JScript
public class BBU extends Indicator

Remarks

Bollinger Bands are two Simple Moving Averages displaced by a factor of the Standard Deviation of a Simple Moving Average. Bollinger Bands, developed by John Bollinger, represent a variation of the envelope concept. A Simple Moving Average is calculated and displayed, bordered with two envelope lines. In contrast to the envelopes, the distance between the Bollinger Bands and the Moving Average is not concerned with a certain percentage but rather with the Standard Deviation, that is the volatility of the underlying instrument.

This indicator is described in more details in the Steve Achelis' book "Technical Analysis from A to Z".

Formula:

Inheritance Hierarchy

System.Object
OpenQuant.API.Indicator
OpenQuant.API.Indicators.BBU

Thread Safety

Public static (Shared in Visual Basic)staticShared members of this type are safe for multithreaded operations. Instance members are not guaranteed to be thread-safe.

Syntax

Remarks

Inheritance Hierarchy

Thread Safety

See Also