Bollinger Band Divergence ebook by Russ Horn
In the 1980’s, John Bollinger developed an indicator that enveloped price. 90% of the market action was maintained inside this envelope with price breaking out occasionally.
This envelope, or Bands, was designed to show the trader what the market volatility was like. A wider band meant more volatility while a narrower band meant a quieter market.
The standard Bollinger Band consists of a 20 period SMA as a center band with a band on either side of price enveloping the market movement.
There are several ways to trade a Bollinger Band, but the method we are specifically going to look at will be spotting Divergence within the bands.
content :
IMPORTANT NOTICE
PREFACE
WHAT ARE BOLLINGER BANDS
APPLYING THE BOLLINGER BANDS TO YOUR CHART
THE BOLLINGER BUBBLE
IDENTIFYING BOLLINGER BAND DIVERGENCE
– Bearish Divergence
– Bullish Divergence
WHAT DOESN’T WORK
VARIATIONS OF THE DIVERGENCE SETUP
– Inside Variation
– Outside Variation
BOLLINGER EXITS
– Bollinger Targets
– Bollinger Inside Close
– Bollinger Double Band
BOLLINGER PERCENT B INDICATOR
– Bollinger Percent B Divergence
If you find that topic is useful , please click on share in your social networks to support Forex winners.