BOLLINGER BANDS
Bollinger bands are a technical trading tool developed by John Bollinger in the early 1980s. Bollinger Bands are volatile bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases.
Bollinger Bands consist of a middle band with two outer bands. The middle band is a simple moving average whereas the outer bands are usually set 2 standard deviations above and below the middle band. Breakout of Bollinger bands signals a possible correction at the market.
Bollinger Bands are volatility bands placed above and below a moving average.
The outer bands are usually set 2 standard deviations above and below the middle band. Breakout of Bollinger bands signals a possible correction at the market.
Many traders use Bollinger Bands as a trading signal to determine overbought and oversold levels, selling when price touches the upper band and buying when it hits the lower line.
HOW TO BE A TRADER?
We invite you to meet Mekness investment world. You can follow the steps below to be an online investor with us.
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You can fill the free demo account form on the side to open an unreal account and try the market without any risk.
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You can apply to open a real account to enter the world of investment.
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After depositing the initial investment you can easily start to trade.
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