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forex:indicators:bollinger_bands

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Forex - Indicators - Bollinger Bands

The Bollinger channel boundaries are not fixed and depend on the volatility of a financial instrument.

If there is no clear-cut trend, the price deviates slightly from the midline. As soon as the trend gains strength, the deviations become larger, and the channel's boundaries diverge.

Bollinger Bands have a useful feature: the price stays about 90-95% of the time within the channel.


Buy

Buying in an uptrend, if the price has tested the middle line from above and is heading towards a trend;


Sell

Selling in a downtrend, if the price has tested the middle line from below and is heading towards a trend.

forex/indicators/bollinger_bands.1670627348.txt.gz · Last modified: 2022/12/09 23:09 by peter

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