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What are the Bollinger Bands?

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What are the Bollinger Bands?

Invented by John Bollinger, Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price. Bollinger Bands use 2 parameters, Period and Standard Deviations, StdDev.
The bands automatically widen when volatility increases and contract when volatility decreases.
There are multiple uses for Bollinger Bands, including using them for overbought and oversold trade signals.

We're trading Forex pairs with the Algo Builder Crypto Intraday 5-minutes and Algo Builder Universal 15-minutes

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Twitter Forex Signals

$GBPUSD $GBPAUD $GBPJPY
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AUD Forex Pairs

$AUDUSD $AUDJPY $AUDCAD
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EUR FX signals

$EURUSD and $EURJPY 
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USD Forex Intraday Trades

$USDJPY $USDCHF $USDCAD
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Do you want a better Trading Performance?

Hey, I'm Dave. I'm determined to make a trading account grow.
My only question is, will it be yours?

The signals and trading method frameworks are available to our VIP subscribers


About Dave


He is the co-founder of Best Trading Indicator. Previously a quant trader for a french bank in New York City, he's been trading full-time for the past 11 years.

Dave used to teach his professional traders how to use his trading algorithms.

Best Trading Indicator is 3 years old and already counts 1800 recurring subscribers profiting from our trading course and TradingView signals.

Learn more


Do you want a better Trading Performance?

Hey, I'm Dave. I'm determined to make a trading account grow.
My only question is, will it be yours?

The signals and trading method frameworks are available to our VIP subscribers