Bollinger Bands by Stuart Evens
ARTICLE SYNOPSIS ...Bollinger Bands
by Stuart P. Evens
This indicator combines popular technical methods -- moving
averages, support/resistance, and envelopes -- with
statistical analysis to create a powerful technical analysis
tool. Bollinger Bands, used in combination with the relative
strength index (RSI) to analyze a market, enables us to
develop a method to enter and exit trades and review the
On a day-to-day basis, markets
trade in a volatile fashion
around the trend. To better see
the trend, traders use moving
averages to filter the price action.
This way, traders can
gather important ...