Chart lines and colors - what do they represent?
by RenaissanceMan54 about 1 year ago
Below is a chart with multiple blue lines and a red line. How do I find out what they mean? thanks
T
TraderMike about 1 year ago
The blue lines are Bollinger Bands with the standard settings. So the middle line is a 20-day simple moving average and the other two lines (bands) are 2 standard deviations below & above.
The red line is the 50-day simple moving average.
The red line is the 50-day simple moving average.
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