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