Bollinger Band Strategy Summary
Bollinger Band indicator is a popular trading analysis technical indicator which can be used in various ways.
However, like most trading indicators it shouldn't be used alone. Bollinger bands indicator work best combined with overbought and oversold indicators & oscillators.
Since Bollinger Bands uses trading price volatility to determine the market trend, traders should not use technical indicators that duplicate this information. Instead the Bollinger bands indicator should combined with technical indicators that measure volume or momentum.
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