Bollinger bands is the default indicator that is on mt4 / mt5 this indicator is very suitable to use when the market is in sideway conditions, the way to enter a position is when the candlestick forms the bottom line or the upper line of the Bollinger bands. This indicator is very suitable for scalping. but when the market is in an uptrend or downtrend this indicator is not suitable for me.
Good evening ... we traders who have a lot of experience must be able to condition their activities, to use short-term trading in the m30 timeframe or h1 analysis, so with the Bowling indicator we will help the activity. Indeed, if the market conditions are trending all indicators feel false signal.
whereas if the market changes, the signal produced will be different
yes right, because the price will always be inside the bollinger bands area
bollinger band, being the main indicator as the default indicator of metatrader 4 & 5, this indicator is very good to use by any type of trader, and my suggestion to use this indicator as a daily analysis is to use the ideal timeframe for this indicator, H4
Bolinger bands are good to use both when the market is flat and trendy, in my opinion, because the indications are very visible, but we have to keep going on the fake signal given. Thus we must learn it first.
This indicator is an indicator that I often use in forex trading because it is very helpful in determining the decision to open a position. I am sure this indicator can be the best choice for manual trading
Do Well, sir, I am trading Using these indicators, it is helpful to determine when overbought and when oversold conditions
hope it will benefit
I strongly agree with the statement that bollinger bands are indicators for scalping treder, very good if combined with several other indicators. will be very helpful for treding opening positions.8)
In my opinion, bollinger bands are high indicators because of this indicator you can see the volume of trading that day by seeing the widening or narrowing of bollinger bands, I think this indicator is good for seeing trends by measuring the range of movements of pairs in a certain time period
Bollinger bands are good if you know how to use them. Indicators generally are good but they are not precise point markers. By this i mean that they are not meant to give the precise points of reversal or pivots. They simply point to the area so within that area, the market might revers and accross it it will be a break out. If you use it this way , you will get the idea right.
how do I read the technique in bollinger bands. I still read it wrong. is there a good technical recommendation. later I can practice it
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