Bollinger Band crossover - Stock market timing signal. |
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The Bollinger bands indicator developed by John Bollinger in the early 1980s is one of the
most popular and powerful trading tools. These bands are charted two
standard deviations away from a simple moving average, and they provide a relative
definition of high and low. Bollinger bands trading technique uses one band as an entry point exit of the other.
The center band presents a neutral support/resistance level. As with most
indicators, signals generated by bollinger band crossover should be confirmed using complimentary indicators. |
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