Sipho Hlatshwayo
New Member
6. Lastly, add Bollinger Band indicator
Bollinger bands are one of the most popular technical indicators for traders in any financial market -
stocks, bonds or foreign exchange (FX). Many traders use them primarily to determine overbought
and oversold levels, selling when price touches the upper Bollinger band and buying when it hits the
lower Bollinger band. In range-bound markets, this technique works well, as prices travel between the
two bands like balls bouncing off the walls of a racquetball court.
click here to learn how to read signals from the Bollinger Band indicator.
Bollinger bands are one of the most popular technical indicators for traders in any financial market -
stocks, bonds or foreign exchange (FX). Many traders use them primarily to determine overbought
and oversold levels, selling when price touches the upper Bollinger band and buying when it hits the
lower Bollinger band. In range-bound markets, this technique works well, as prices travel between the
two bands like balls bouncing off the walls of a racquetball court.
click here to learn how to read signals from the Bollinger Band indicator.