Bollinger Band Low Breakout

Abbreviation: BB Low Breakout
Category: Crossover & Breakout Identification
Input Parameters:

Name Range Default
Time Series Close
Periods Int >= 2 20
StndDev Multiplier Real > 0.0 2


If (X < Y) and (most recent previous period where X did not equal Y, X was greater than Y) then 1
Otherwise 0

X = Time Series
Y = BBLow(Time Series, Periods, StndDev Multiplier)

BBLow represents Bollinger Band: Low


Indicates the period when a Time Series has just broken out below its Bollinger Band Low Channel.

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