Bollinger Bands — Bounce, Squeeze & Trend Rider

📘 Bollinger Bands Indicator — Quick Lookup Sheet
🟢 Bounce Signals (Mean Reversion)
Bounce Buy
→ Price touched or fell below the lower band and then re-entered inside the bands.
→ Signals a possible oversold rebound.
→ Typical action: buy or cover shorts.
Bounce Sell
→ Price touched or exceeded the upper band and then fell back inside.
→ Signals a possible overbought pullback.
→ Typical action: sell or take profits.
🟩 Squeeze Breakout Signals (Volatility Expansion)
SZ Long
→ Squeeze Breakout Long.
→ The Bollinger Bands were tight (low volatility) and price broke above the upper band.
→ Signals a bullish breakout — often the start of a strong upward move.
SZ Short
→ Squeeze Breakout Short.
→ The Bollinger Bands were tight and price broke below the lower band.
→ Signals a bearish breakout — possible start of a downward move.
🌿 Trend Rider Markers (Trend Confirmation)
Ride Up (tiny green dot)
→ The 20-day SMA is sloping upward, and price stays near the upper band (%B > 0.8).
→ Confirms a strong uptrend — don’t fade it too early.
Ride Down (tiny red dot)
→ The 20-day SMA is sloping downward, and price stays near the lower band (%B < 0.2).
→ Confirms a strong downtrend — momentum remains bearish.
🧭 Background Colors
Light green background → Market in a confirmed uptrend.
Light red background → Market in a confirmed downtrend.