Or if you prefer, you can watch this training video below…īollinger Bands explained: What is it and how does it work?īollinger Bands is a trading indicator (which consist of 3 lines) created by John Bollinger. The Rubber Band effect: How to use Bollinger Bands and “predict” market reversal.The Bollinger Bands and RSI Combo (a little-known technique).How to trade with the trend using Bollinger Bands.How to use Bollinger Bands and “predict” when the market is ready to breakout….Bollinger Bands trading strategy: How to buy low and sell high.What is the Bollinger Band indicator and how does it work.That’s why I’ve created this Bollinger Bands trading strategy guide to show you how useful this indicator is and what it can do for your trading. The price is above the 20 period MA but RSI is showing the market is overbought.Īt the same time, the ADX indicator is at 25 which shows a non-trending market.īollinger Bands can help you overcome this issue - and much more. Many new traders think they need more indicators to be a consistently profitable trader.
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