Bollinger Bands are a technical analysis tool developed by John Bollinger. There are three lines that compose Bollinger Bands: A simple moving average (middle band) and an upper and lower band. The upper and lower bands are typically 2 standard deviations +/- from a 20-day simple moving average but can be modified.
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Bollinger Band Strategy for Breakout
One can read the ebook and drive home the most important Bollinger band Strategy is that one should always confirm whether support or resistance has been broken or not before executing the trade.The ebook on the Bollinger band will load below this line.