What is use of bolinger band?

[ayakcalysta]

an indicator that is useful is Bollinger Bands. You can use it easily to your tracing. Many traders use Bollinger Bands and sellers with her. Bollinger bands mainly tradeing system is long when the band touch lower price.

true friend, I agree with your opinion that we are running in the forex business then we will see the name Bolinger band. Bolinger band is one good indicator for our use in our trading run.

[njoroge5]

I dont know what bollinger bands ae and I would ove to know how they work, the best way to understand these is to go out and understand trading with bollinger bands, but when youknow what you are doing. I have been tought to trade using bollinger trades and undertand what you are doing.

[kalatim]

an indicator that is useful is Bollinger Bands. You can use it easily to your tracing. Many traders use Bollinger Bands and sellers with her. Bollinger bands mainly tradeing system is long when the band touch lower price.

[kashifrehman]

This indicator is ised to identify the oversold and overbought positions. Tradin is difficult with only this indicator if we want to use it than a best combination is

Bollingerband
Parabollic SAR
RSI
Stoch
CCI

This is a perfect combination with this indicator.

[irome]

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.

bhai aapko kafi knowledge ki jarurat hai achcha ye hoga ki aap baby pips ko read kare ya is forum mein kafi achchi post hai jisko aap pad kar apni knowledge ka badawa de sakte hai. support aur resistance wo hota hai resistance se price girta hai aur support se price uper jata hai. maine to bas ye hi suna tha.

[dharampal]

maine kabhi bollinger band ka use nahi kiya hai iske baare main mujhe jayada pata nahi tha.but is thread se mujhe kafi help mili hai or ab main is indicator ka use karna sikh raha hu .kis tarah ye indicator trading main help kar sakta hai .

[orangsukses]

Bolinger band is an indicator to help you conduct an analysis. essentially the same as reading stochastic. but you should not believe fully in the indicator, as an indicator of his work after your price movements.

[hitcola]

Bollinger band is just an indicator, contain three moving average lines .. it is a good indicator to trade if you want to scalp the market and to expect the trend reversal

[newentry]

BB is a very good indicator to be used in our charts. Its simple to use too and i feel its the best indicator to start with especially for a newbie. Its logic is that the price tends to move to the middle line whenever the price touch the upper or lower bands. so sell when the price touch the upper bands and buy when it touch the lower bands. It is indeed a good tool.

good points
it is simple to learn and i usually combine it with MA with default setting, it is good to know, when we just follow the trend with keep watch the middle line of BB and MA...
but i need to use trend line too

[asanka]

Bollinger Bands indicator is very useful. You can use it very easily for you planned. Trader uses many of the Bollinger Band, and the trader. Band system basically tradeing a long guerrilla band is when you connect to lower prices.
In short, when a higher price band connection. Exit East Trade Division. I think that every trader like this. But some other indicators are used to enter the ideal. I use Bollinger Bands with the defalt setting and I also use a randomized, and 200 EMA EMA 50.