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Bollinger bands for intraday

The dot is drawn as the stop and reverse (SAR) point which is below the price in a downtrend and above the price in an uptrend. This MACD indicator changes color as you can see from the above screenshot when the price momentum increases or decreases plus it also gives a sound as well as a popup alert when the MACD signal line crosses the histogram.

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the interpretation of the Bollinger Bands is based on the fact that the prices tend flr remain in between the top and the bottom line of the bands. The trader does not care if the prices of Corn and Wheat go up or down; the trader only wants to see the price of Corn appreciate over the price of Wheat.

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