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Bollinger Bands Explained – The best trading indicator for different purposes

From tradeciety.com

Bollinger Bands are among the most reliable and potent trading indicators traders can choose from. Bollinger Bands can be used to read market and trend strength, to time entries during range markets and to find potential market tops. Bollinger Bands are a dynamic indicator which means that they adapt to changing market conditions and, thus, have benefits over other standard indicators which are often perceived as ‘lagging’. In this article, we show you how to use Bollinger Bands to improve your chart reading skills and to identify high probability trade entries. Bollinger Bands explained 101 As the name implies, ... (full story)

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