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Installing Bollinger Bands indicator on NetTradeX Platform

  1. By the command “Indicators” (From the context menu or with the help of the button situated on main mage) user can open dialogue window called “Indicators”, which consists of two parts; “Available Indicators” and “Set indicators”.

    First, left part of the window contains the list of indicators. Second, right part of the window contains the list of chosen indicators in a form of a “tree” stating the name of the financial tool on the top of hierarchical indicator list. User can easily find the “Bollinger Bands” indicator and select it with one click.

  2. Clicking on “Set” Button (on the “Indicators” window), indicator dialogue settings opens name as “Bollinger Bands Properties”. This consists of two types of tabs; “Data” and “View”.

  3. After indicator settings is set user must click on “OK” button to set the indicator on the chart window.

  4. The Bollinger Bands indicator (named after its inventor) displays the current market volatility changes, confirms the direction, warns of a possible continuation or break-out of the trend, periods of consolidation, increasing volatility for break-outs as well as pinpoints local highs and lows.

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