Bollinger Band Indicator
Beginner
1 episodes
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About this series
The Bollinger Bands indicator is a technical analysis tool used to assess market volatility and identify support and resistance levels. The indicator consists of three lines: the middle line is a simple moving average, while the upper and lower lines represent standard deviations from this average. Bollinger Bands help traders identify overbought or oversold conditions, aiding in informed trading decisions.