Bitcoin Forum
March 29, 2024, 05:53:47 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Tips for beginner in trading (Bollinger Bands Indicator)  (Read 74 times)
johnson07 (OP)
Member
**
Offline Offline

Activity: 72
Merit: 10


View Profile
April 17, 2018, 06:50:47 AM
 #1

This is for newbies in trading,
Bollinger Bands can help you analyzing the chart, as you can see there is a lower and upper band this very simple to understand, if candle reached above upper Band it means its overbought and if it falls below lower band its Oversold. i suggest to use higher timeframe for accurate result,, maybe this is not 100% happening in market but if Traders follow this indicators then chart will follow,, Smiley
most of the exchange site has this indicator, and also add some trend lines,, Smiley
Good luck on your trades guys.




Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!