The indicator %b tells us where we are within the bands. Unlike stochastics, which are bounded by 0 and 100, %b can assume negative values and values above 100 when prices are outside of the bands. At 100 we are at the upper band, at 0 we are at the lower band.
Using BBScript you can easily create nearly any indicator you can imagine and with the latest version you can easily test your ideas with our new Backtester.
Toggle the TrendLine switch in our Advanced Chart that turns automatic TrendLine channels on and off.
BandWidth, another indicator derived from Bollinger Bands, may also interest traders. It is the width of the bands expressed as a percent of the moving average. When the bands narrow drastically, a sharp expansion in volatility usually occurs in the very near future.
EquityTrader offers BBScript, a web based programming language that is integrated with the advanced chart and offers the ability to program and Backtest highly customizable indicators and trading ideas.
The strongest rating is two green lights; the weakest rating is two red lights.
Professional subscribers have access to more than 30 Technical Indicators.
Walkers: Walkers are stocks that have remained in contact with either the upper or lower Bollinger Bands for more than a day.
Lists Section Top/Bottom Twenty Performance: Lists the securities with the best and worst performance rating.
EquiVolume charts have variable width bars. They bars with higher volume to average volume ratio are drawn wider than bars with lower ratio. Click here
to try them out.
Professional Alerts Signals Section: Lists of PowerShifts and Pivots and e-mail alerts of potential signals.
Lists Section Top/Bottom Twenty Potential: Lists the securities with the best and worst potential rating.
Monitor the daily percentage change of the overall market and underlying market sectors.
Recent Quotes Widget: displays the latest requested quotes and will be remembered from page to page. Any new symbol request will be added to the top of the quote list.
Negative Beta: The sensitivity of a stock to the market in a negative environment.
The Accumulation/Distribution line is a good tool for basic trend identification and confirmation.
Momentum indicator is best used for classic divergence analysis.
A positive PowerShift signal occurs when a security has become severely oversold and strengthens enough to potentially break the decline.
Professional ET Ratings Section: Potential, Potential Change and Performance lists for today and the past six months.
Lists Section Top/Bottom Twenty Potential Change: Lists the securities with the best and worst one day potential change.
All major indices quotes are displayed in the ticker crawler on top of the page. Click any index name to plot the chart for that index.
Money Flow Index is a volume weighted version of RSI. It's a superior tool for identifying confirmations and nonconfirmations Bollinger Bands tags.
The Intraday Intensity is useful for diagnosing tags of the bands and divergence identification.
Bollinger Bands: Trading Bands spread above and below a moving average by a measure of volatility--standard deviation. The default parameters are 20 days and +/- two standard deviations.
Point and Figure Swing: + or - whether price is rising or falling using classic point & figure technique (using our own box-size algorithm).
EquityTrader offers several trading strategies
for buying, selling and holding equities.
Expert: An artificial intelligence system, integrated in our advanced charts, that analyzes a stock or fund and prepares a report that may be read or listened to. Learn More...
P/E Ratio: Price divided by the past year's earnings.
Lists Section Top/Bottom Twenty Change ($): Lists the securities with the best and worst one day dollar change.
EquityTrader is designed to provide investors with a quick and easy method of evaluating the past performance and potential appreciation of equities.
Normalized Market Cap: The percentile rank of this stock in relation to all stocks in our universe. 100 being the biggest, 0 the smallest.
Listen to the Bollinger Band® Expert Analysis by clicking the audio Expert option while using our advanced chart.
Popular Among ET Users widget allows you to see the top 10 most requested symbols among users on EquityTrader.
Biggest Movers table displays the stocks with the highest daily percentage gains or losses.
A negative PowerShift signal occurs when a security has become severely overbought and weakens enough to potentially break the advance.
Lists Section Top/Bottom Twenty Change (%): Lists the securities with the best and worst one day percentage change.
Professional Bollinger Bands Patterns Section: Powerful screening based on Bollinger Bands and related techniques for today and the past six months.
Bollinger Band® Expert offers two levels of analysis, a free basic version and a more advanced version available for Professional subscribers.
Lists Section newly Rated 1's, 2's, 3's, 4's, and 5's: Lists the securities that have changed potential rating.
Persistency of Money Flow: The percent of days in the prior six months on which money flow was positive.
Pro Advanced Charts offer customizable Parabolic Stop and Reverse lines and generate trade reports based for a single trade or a trading system.
Professional subscribers can program and Backtest their own indicators using BBScript, a web based programming language for Technical Analysis integrated with our Advanced Chart.
Relative-strength line compares stock price action to that of the market. Rising line, stock is outperforming the market. Falling, stock is lagging.
EquityTrader employs a fuzzy logic engine to evaluate 54 rules to determine a stock's Potential Rating.
Widely used technical analysis indicators: volume, momentum, money flow index, relative strength, intraday intensity, accumulation-distribution
Negative Alpha: The unique return of a stock in a negative environment.
One of our Backtester's best features is its equity curve plot that allows you to see at a glance how your approach is doing over time. Of course BBScript offers the normal system statistics, but seeing the shape of the equity curve over time is worth 1,000 stats.
Two-Year Annualized Historical Return: Annualized rate of gain for a stock, measured over the prior two years.
The fuzzy logic model is unique to EquityTrader and was developed by John Bollinger, who is also well known for his Bollinger Bands.
Risk Adjusted Historical Return: Annualized historical return divided by negative beta. This is the number the Performance rating is based on.
A negative Pivot occurs when a severely oversold security strengthens and then fails.
Both fundamental and technical factors are considered in arriving at our Potential Rating.
Positive Beta: The sensitivity of a stock to the market in a positive environment.
Most actively traded stocks table displays the top stocks trading higher than their average volume. Results include the daily percentage changem daily volume and average volume
Stocks with 52 week new highs and new lows are displayed in the New High/Low table
Indices Snapshot Widget: Price chart with Bollinger Bands snapshots and latest quotes for Dow Jones Industrial, S&P 500 and Nasdaq Composite.
A positive Pivot occurs when a severely overbought security weakens and then advances.
Potential Rating is the heart of the system. It is our assessment of the current potential for selected symbol. We employ a fuzzy-logic engine to evaluate 54 rules to determine the potential. Both fundamental & technical factors are considered in arriving at our Potential Rating.
Squeeze: The Squeeze is triggered when the Bollinger Bands fall to their narrowest value in six months. Squeezes often presage large moves. The Squeeze is quantified via BandWidth.
Performance Rating is the risk-adjusted return ranking of a symbol. We examine the past 2 years of data & calculate the annualized return. Then we measure the symbol's susceptibility to downside market action & penalize the return if it exhibits greater than normal downside volatility.
Professional Stock Screening Section: EquityTrader-style stock screening with wide variety of criteria.
Positive Alpha: The unique return of a stock in a positive environment.
Historically Normalized P/E Ratio: Where we are in relation to P/Es that have prevailed over the prior two years. 100: highest in 2 years, 0 lowest.
Pro Advanced Charts offer customizable Chandelier Stop lines and generate trade reports for a single trade or a trading system.
Volume is the most important of all the indicators. In conjunction with price, volume depicts the ebb and flow of money in a security.