East or West, home is best. (English proverb) A hungry stomach makes a short prayer. (Native American proverb, Paiute) Man's schemes are inferior to those made by heaven. (Chinese proverb) He who has money and friends, turns his nose at justice. (Corsican proverb)
Trading the Bollinger Bands (Squeeze) Bollinger Squeeze is a trade setup by John Bollinger, using his very own Bollinger Bands. Bollinger Bands is a channel formed by two vertically displaced moving averages: one displaced upwards by two standard deviations and one displaced downwards by two standard deviations.
Here is the squeeze equation: Bollinger BandÂ® width = (Top Bollinger BandÂ® (20 periods))-Bottom Bollinger BandÂ® (20 periods)/ Simple Moving Average Close (20 periods) A squeeze candidate is identified when the bandwidth is at a six-month low-low value.