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