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