Indicator analysis

Indicator analysis
Topic 1 - Bollinger bands indicator

KEY TAKEAWAYS
Bollinger Bands® is a trading tool used to determine entry and exit points for a trade.
The bands are often used to determine overbought and oversold conditions.
Using only the bands to trade is a risky strategy since the indicator focuses on price and volatility while ignoring a lot of other relevant information.
Bollinger Bands® is a rather simple trading tool and is incredibly popular with both professional and at-home traders.