Bollinger Bands Trading Strategy Summary

Bollinger Bands technical indicator is a popular technical analysis indicator which can be used in various ways.

However, like most indicators it should not be used alone. Bollinger bands indicator work best combined with overbought & oversold indicators & oscillators.

Since Bollinger Bands uses price volatility to determine the forex market trend, traders should not use technical indicators that duplicate this information. Instead the Bollinger bands indicator should combined with indicators that measure volume or momentum.