How to use the bollinger bands in forex trading taxes


How to use the bollinger bands in forex trading taxes


Invented by trader John Bollinger to provide relative definitions of high and low, Bollinger Bands are comprised of three separate lines plotted on a price chart. The relationships between these three bands can be used to understand trader sentiment and locate potentially overbought or oversold positions.The center Bollinger Band is calculated using a simple moving average that normally consists of 20 periods. The two outer bands are each set two standard deviations away from the center band, one above and one below.

The indicator forms a channel around the price movements of an asset. The channels are based on standard deviation and a moving average. The MACD, RSI, moving average, Bollinger Bands, stochastics, and the list goes on, but what are the best technical indicators for day trading.




How to use the bollinger bands in forex trading taxes

To bollinger trading how bands taxes in use forex the

How to use the bollinger bands in forex trading taxes



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