Jan 8: The Basics of the Bollinger Band Technical Indicator in Forex Markets
The Bollinger Band technical indicator is an analytical technique developed by John Bollinger. It helps those who use it compare volatility and relative price levels over a time period. The whole system involves three bands that are supposed to collectively show the majority of a security s price action. These bands include a moving average, an upper band, the average plus 2 standard deviations, and a lower band, the average minus 2 standard deviations.

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