Sma values for intraday bollinger bands?

Question

Hi

What settings should I use for SMA and how much should I set for standard deviation for Bollinger Bands if I want a good view of INTRA-DAY ( not weekly or monthly ), just with in a day.

I usually use the default 20 day moving avgs for monthly charts.

I dont know what should I use for intraday charts.

Thanks

Bobby

Answer 1

Most charts are setup not with a default of 20 days but 20 periods of the time period you select.  So if you are looking at 10 minute intervals then it is 20 10 minute intervals.  I personally would use the daily charts, but if you want to use intra-day then good luck.  I would leave it at 20.