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