# Indices Bollinger %B Indices Expert Advisor Setup

Indices Bollinger %B Indices Expert Advisor Setup - Setting Up Bollinger %B Indices Expert Advisor - A Indices trader can come up with an Bollinger %B Indices Expert Advisor based on the awesome stock indices indicator explained below.

Indices Bollinger %B Expert Advisor rules can be combined with other indices indicators to come up with other EA Indices Trading Robots that trade using rules based on two or more indicators combined to form a stock indexes trading system.

## Bollinger %B Indices Technical Analysis and Bollinger %B Indices Trading Signals

Developed by John Bollinger

Percent B indicator is derived from Bollinger Bands.

This is an oscillator which has 3 lines - 0, 50, 100

- 0 represents lower Band
- 50 represents middle Band
- 100 represents upper Band

Percent B oscillates between these three points and it shows where the stock indexes price is in relation to the 3 Bollinger Bands.

**%b indicator - **Stock Indexes Bollinger %B Expert Advisor Setup

When the stock indexes price touches the upper band then the oscillator hits 100, if stock indexes price moves above the upper band the oscillator moves to +100

When the stock indexes price touches the lower band then the oscillator hits 0, if stock indexes price moves below the lower band the oscillator moves to -0

When the stock indexes price touches the middle band then the oscillator will be at 50.

**Calculation**

Percent B = Indices Price Close - Lower Band * 100

Upper Band - Lower Band

## Indices Technical Analysis and Generating Indices Trading Signals

Percent B indicates to what degree the stock indexes price closes above or below any of the bands.

## Buy Indices Trading Signal

Oscillator values above 50 is a bullish signal.

**% b Bullish Buy Indices Trading Signal - **Stock Indexes Bollinger %B Expert Advisor Setup

## Sell Indices Trading Signal

Oscillator values below 50 is a bearish signal.

**%b Bearish Sell Indices Trading Signal - **Stock Indexes Bollinger %B Expert Advisor Setup