Bollinger Bands Stock Indices Strategy Summary
Bollinger Bands technical indicator is a popular technical analysis indicator that can be used in various ways.
However, like most stock indices technical indicators it should not be used alone. Bollinger bands stock indices indicator work best combined with overbought & oversold stock indices indicators and oscillators.
Since Bollinger Bands uses stock index price volatility to determine the stock indices market trend, stock index traders should not use technical indicators that duplicate this information. Instead the Bollinger bands stock index technical indicator should combined with stock indices technical indicators that measure volume or momentum.