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 The bollinger band indicator standard deviation.

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Posts : 22
Join date : 2011-04-13

PostSubject: The bollinger band indicator standard deviation.   Fri Aug 26, 2011 6:31 am

Because standard deviation (SD) is a measure of currency market volatility to the upside and downside, showing how the currency price can vary from its true value, Bollinger bands adjust themselves to the market conditions.

The tightening of the bands is often used by forex technical traders as
an early indication that overall volatility may be about to increase
and that a trader may want to wait for a sharp price move ... More about Bollinger Bands Standard Deviation >>>
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