What is use of bolinger band?

[aopen583]

what is use of bolinger band?

what is bolinger band and what use in when we trade in forex market .how i set this in chart. what is its position and how can i see it . how we get big benefit from a bolinger band . how many line in it.

I do not use Bolinger bands, I never tried it when my friends use the trade system and my loss in trading, and it made ​​me try other trading systems, because when I use trading systems that do not generate a profit and then I left and started looking for other systems, and now I use candlestick indicator and price action are also some lines trendline

[nazeerali]

there are many indicator min the market and i use rubicon indicator that givess me perfect take profit and stop loss so you can easily get profit in this indiactor but some time ig=t gives wroing informnation and we face loos .

[raza25]

Yes, it is a very popular brand, which can be a great indicator can be found in the platforms. It is easy to navigate with personally I think it is actually the best indicator is specific to starter. His/her reason may be that the value tends to go with the courage to strike up or maybe reduce the group. If the value of the highest wedding ring effect and buy during the strike in the bottom of the group. This is a really really good equipment.

[andriarto]

Bollinger band is very usefull. Bollinger Bands consist of:
an N-period moving average (MA)
an upper band at K times an N-period standard deviation above the moving average (MA + Kσ)
a lower band at K times an N-period standard deviation below the moving average (MA − Kσ)
Typical values for N and K are 20 and 2, respectively. The default choice for the average is a simple moving average, but other types of averages can be employed as needed. Exponential moving averages are a common second choice. Usually the same period is used for both the middle band and the calculation of standard deviation.

[donyz]

Bollinger band is an indicator thats consist from 3 moving average at the same time, so this indicator can be usefull as trend detector or also really easy to setting as support level and also as resistant level for our trading.

[ayesha faizan]

n the standart metatrader 4, the bollinger band has 3 lines, which is the upper line, the primary concern, and the center line. Bollinger groups is figured by utilizing the standard deviation of certain time of the value and is utilized to measure the volatility of the market. In the event that the Volatility is heightened the bollinger groups will gets more extensive, however when the volatility is flat then the bollinger groups will get more modest

[kang portal]

you can use it as a bounching line but make sure you have play to with the right trend
bollinger bands are repaint or i will say it follow the end of candle so some times it will follow the candle if it on trending market
so make sure you on sideway market or at least you trade on the right trend
good luck

[profitoke]

i think bolinger band to know about mommentum when is the market will sideways and when
is the market is trending we can see from bolinger band but sometime we can use bolinger band for support and resistence.

[taikhoan2525]

Bolinger band is the basic indicator and I think it is very useful, it is always available in MT4 so always easy to be able to use it as a point to find support and resistance levels

[runu]

okay swinish shall you delight avow me how can i open and use lingerer banding indicator?am i poverty to download any software?delight vindicate me around it
and other incertitude for me what is reinforcement and transitivity?