How To Use Bollinger Bands?

How To Use Bollinger Bands?

Bollinger Bands is developed by technical analyst John Bollinger in the 1980s and actually is very famous among traders. Bollinger band can simply be define as it’s been use to take standard deviation as to measure trading instrument in average which moves over a given period. Basically what you need to know is that they’re used to measure when instruments are oversold or over bought. Upper band is for overbought Lower band is for oversold Bollinger band also has a Middle band but it’s not important as it only shows…