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Advanced get bollinger band formula5/31/2023 ![]() %B tells us where we are in relation to the Bollinger Bands. However, this does not give us a relative positioning of price with respect to the bands. ![]() Bollinger Bands are a function of price and are plotted directly on the price chart. ![]() The Percent B (%B) indicator is a simple momentum oscillator that has been derived from Bollinger Bands indicator.
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