Sharingtrade56

Bolinger Band Analysis

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Bollinger Band Analysis
  • Objective - Use for entry action filter
  • Description - Bollinger Band Analysis Indicator is the introduction of value between basis moving average with standard deviation value
  • Applications - The principle of Bollinger Band Analysis Indicator is to use it as an order action filter when the value of the Bollinger Band under moving average by itself.
  • Recommendation - Bollinger Band Analysis should be used in conjunction with indicators used to filter trend. for example supertrend, parabolic sar
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