Bollinger Bands Stock Index Trade System Summary

Bollinger Bands Stock Index indicator is a popular technical analysis indicator that can be used in various ways.

However, like most indicators it should not be used alone. Bollinger bands Stock Index indicator work best combined with overbought and oversold indicators & oscillators.

Since Bollinger Bands uses Stock Index price volatility to determine the market trend, Index traders should not use technical indicators that duplicate this information. Instead the Bollinger bands Stock Index indicator should be combined with technical indicators that measure volume or momentum.