Bollinger Bands Trading Strategy Summary

Bollinger Bands technical indicator is a popular technical analysis indicator that can be used in various ways.

However, like most technical indicators it should not be used alone. Bollinger bands indicator work best combined with overbought & oversold indicators & oscillators.

Since Bollinger Bands uses forex price volatility to determine the forex market trend, forex traders should not use technical indicators that duplicate this information. Instead the Bollinger bands technical indicator should combined with technical indicators that measure volume or momentum.