Three main lines make up the Bollinger Bands indicator.
The first of these, the central band, is a simple moving average.
The second and third, the upper and lower bands, represent levels at which price is relatively high or low, compared to this moving average.
The first of these, the central band, is a simple moving average.
The second and third, the upper and lower bands, represent levels at which price is relatively high or low, compared to this moving average.
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Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.