Trade Forex Trading

Bollinger Bands Stock Strategy Summary

Bollinger Bands technical indicator is a popular technical analysis indicator that can be used in various ways.

However, like most indicators it should not be used alone. Bollinger bands stock indicator work best combined with overbought & oversold stock indicators and oscillators.

Since Bollinger Bands uses price volatility to determine the stock market trend, stock index traders should not use indicators that duplicate this information. Instead the Bollinger bands technical indicator should combined with indicators that measure volume or momentum.