Bollinger Bands Indices Strategy Summary
The Bollinger Band technical indicator is a well-known tool for studying trading and it can be used in many different ways.
But, like most technical indicators, you shouldn't use it by itself. The Bollinger bands indicator works best when used with overbought and oversold technical indicators & oscillators.
Because Bollinger Band uses how much the price changes to figure out the market trend, stock traders should avoid using other indicators that do the same thing. Instead, traders should use the Bollinger Bands indicator along with indicators that measure volume or momentum.
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