Bollinger Bands Indices Strategy Summary
Bollinger Bands technical indicator is a popular technical analysis technical indicator which can be used in various ways.
However, like most indicators it should not be used alone. Bollinger bands indicator work best combined with overbought & oversold 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 technical indicators that measure volume or momentum.