Bollinger Bands® are widely recognized as a powerful tool for measuring market volatility, while the Moving Average Convergence Divergence (MACD) ….
Tag: Bollinger Bands
Definition – What does Bollinger Bands mean?
Bollinger Bands are a technical analysis tool created by John Bollinger to provide a quick visual reference for volatility on a chart.
Bollinger Bands are made of two lines drawn one standard deviation away from the moving average of a currency pair’s price action. The widening and narrowing of the bands around the price action (expansion and contraction) are a good indication of how much attention a currency pair is getting from the market.
ForexTerms explains Bollinger Bands
Bollinger Bands are a useful tool in that they lend themselves to several different strategies.
First, Bollinger Bands act like dynamic support and resistance, with the price action between them tending to revert to the mean. This means that if the bands are penetrated on the upside or downside, there is a good chance that the price action will return to the middle of the bands.
Second, periods of really tight contraction are generally followed by expansion. This creates an opportunity to play the greater range for profits. And, like all tools, Bollinger Bands can be used as a confirmation tool in conjunction with other indicators.
How to Trade Bollinger Band® Reversal Patterns in Forex
The Bollinger Band® reversal pattern is one of the most frequently occurring setups across forex, equities, commodities, and indices. When ….
How to Trade Forex Using Bollinger Bands Effectively
Introduction to Bollinger Bands® in Forex Trading Bollinger Bands® are one of the most widely used technical indicators across all ….
RSI with BB
How To Install Metatrader 5 RSI with BB indicator Download and save the “RSI with BB indicator” to your desktop ….
Bollinger Toucher Arrow
How to Instal “Bollinger Toucher Arrow” Indicator for Metatrader 4 Open your Metatrader 4 platform. Download and save the “Bollinger ….
BB Support Up
How to Instal “BB Support Up” Indicator for Metatrader 4 Open your Metatrader 4 platform. Download and save the “BB ….
Trading Tips Using Bollinger Bands Indicator
Bollinger bands are one of the most prominent indicators implemented by traders today. In this blog, we will first understand ….
Bollinger Band How to Use in Forex
Bollinger Bands (BB), developed by John Bollinger is referred to as an trend following indicator. The main purpose of Bollinger ….