Bollinger Bands Essentials (2015) – TradeSmart University

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Summary

• Archive: In the early 1980’s, John Bollinger created a new overlay band system that adapted on its own to volatility moves in a stock – he called it Bollinger Bands.

• At the time he had no idea this little technique would go on to change the face of modern trading.Today there’s hardly a charting software on the planet that would not include Bollinger Bands.

• They are a staple of both longer term and short term traders alike.

• They work equally well for equities, futures and forex.

• Simply put – they were a game changer and are one of the most powerful tools in the toolbox of the modern trader.Class BreakdownBollinger Bands build on the already established analysis technique of percent bands.

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