This guide shows you how to set up Bollinger bands in RUMUS R2.
After reading this guide, you should be able to:
Add the Bollinger bands and set the parameters of this indicator
number_1 Click Add chart.
number_2 Click Bollinger.
Setting the common parameters
After you have completed the step above, the settings menu appears.
|Period:||Defines how many of the previous periods are used to calculate the Bollinger bands.|
|Deviations:||Controls how many times the standard deviation is used for the upper and lower band.|
|Select price field:||Defines on which price the Bollinger bands are applied to. There are different options like OPEN, HIGH, LOW, CLOSE, (H+L)/2, (H+L+C)/3 and (O+H+L+C)/4.|
|MA type:||Defines the type of calculation. There are different options like SMA, WMA, EMA and VMA.|
|Limitation parameters:||Defines how far back in history (how many candles) bollinger bands are shown. There are different options like 1000, 3000, 5000, 15000 and 25000.|
|Calculation on all data:||If checked, bollinger bands are calculated for the whole chart.|
|Names:||Select the name of the band you want to change.|
|Color:||Defines the color of the choosen line.|
|Type if line:||Defines the type of line. There are different options like Solid, Dash, Dot, Dash dot and Dash dot dot.|
|Line width:||Defines the wifth of line.|
Choose Layer 1 and click Ok. Layers are defining the order of indicators and thus define which one is shown on top.Back to top
Changing parameters at a later time
To change the settings of the indicator at a later date just click on the Bollinger band(you will have to be exactly on the Bollinger band) and you will see the Bollinger band settings on the Task Panel:Back to top
Deleting an indicator
To delete a Bollinger:
number_1 Click on the object you want to delete.
number_2 Press Delete key on your keyboard.
The Bollinger disappeared from your chart.Back to top