How do I shade the area between Bollinger Bands

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

faqs:how_do_i_shade_the_area_between_bollinger_bands [2019/07/01 21:26] (current)
Line 1: Line 1:
 +======How do I shade the area between Bollinger Bands======
  
 +//Shading the area between Bollinger Bands provides a different look that some people may prefer to the default lines. This tutorial shows how you can create those shaded bands.//
 +
 +==== Step 1: Expand the "​Advanced Options"​ for Overlays in the SharpCharts Workbench ====
 +
 +{{:​faqs:​bb1.png?​300|}} ​
 +
 +Click on the green arrow on the right side of the "​Overlays"​ section to expand. Skip to the next step if this is already done.
 +
 +==== Step 2: Add Bollinger Bands to the Chart and Select Your Options ====
 +
 +{{:​faqs:​bb2.png?​300|}}
 +
 +  - Click on the dropdown to select "​Bollinger Bands" and enter the parameters you want to use (20,2 is the default). ​
 +  - Click on the "​Style"​ dropdown and select "​Area"​. ​
 +  - Select a color if you want one other than "​Auto"​ in this case we are using Gold. 
 +  - Click "​Update"​.
 +
 +==== (Optional): Add Multiple Bands ====
 +
 +{{:​faqs:​bb3.png?​nolink&​300}}
 +
 +You can also use multiple shaded Bollinger Bands on a chart to find what parameters best fit your style of trading. [[http://​stockcharts.com/​articles/​chipanderson/​2010/​08/​seeing-the-volatility-terrain-with-overlaid-bollinger-bands.html?​|This blog article from Chip Anderson]] goes into more detail. To add multiple bands, repeat the process outlined in Step 2.