my question is related to AlgoWizard and the signal Bollinger Band (BB).
f.e. one signal is: (BB) Bar opens above lower band, after opened below.
I have a problem with the understanding:
“The bar opens above the lower band (that is clear) after (the same? bar) opened below”.
From a logical point we are talking about 2 different bars I assume.
Is this interpretion correct: “Signal is triggered, if the second bar opens above the lower band, when the preceding bar opened below the lower band”?
Thanks for any help.
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