Bollinger Bands Trading Strategy - Business

Bollinger Bands Trading Strategy - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Bollinger Bands Trading Strategy (309 Views)

Bollinger Bands Trading Strategy by Vijiki(op): 1:05pm On May 03, 2022

Bollinger Bands (BB) is a volatility indicator with 3 lines (bands) - the lower band (-2SD), the upper band (+2SD), and the middle band (20 Candle Moving Average).

In statistics, the SD (or Standard Deviation) means the distribution of points of a particular data set. In a normal distribution, 99.72% of all data points (in the case of forex charts- the mean) will be within 3SD bands, 95.44% will be within 2D, and 68.26% will be... read more https://www.vijiki.com/indicators/bollinger-band-complete-trading-strategy/#post-121

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Re: Bollinger Bands Trading Strategy by efe21: 2:42pm On May 03, 2022*

Vijiki:
Bollinger Bands (BB) is a volatility indicator with 3 lines (bands) - the lower band (-2SD), the upper band (+2SD), and the middle band (20 Candle Moving Average).

In statistics, the SD (or Standard Deviation) means the distribution of points of a particular data set. In a normal distribution, 99.72% of all data points (in the case of forex charts- the mean) will be within 3SD bands, 95.44% will be within 2D, and 68.26% will be... read more https://www.vijiki.com/indicators/bollinger-band-complete-trading-strategy/#post-121

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