What you should know about Bollinger bands indicator?

What you should know about Bollinger bands indicator?
What you should know about Bollinger bands indicator?

One thing you should know about Bollinger bands indicator Forex , the price always tends to moving in the middle of the two lines. That's the idea behind the Bollinger bands Forex Indicator.

Now take a look at the chart above. Where do you think that the price moves next?

You guessed it, because the price has been on the top of the bollinger bands indicator line, the probability the price will moved downward.

Bollinger bands forex indicator acts line mini support and resistance Level. The longer time frame you use , the stronger bollinger bands lines are. Bollinger bands Forex indicator can determine forex trend in market.

In the other article you can learn about how to use the bollinger bands in volatile markets.

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