Bollinger Bands are technical indicators which are used for identifying support and resistance levels, entry and exit points.
This indicator usually consists of three lines which are distanced based on the standard deviation level. The upper and lower lines are considered resistance and support levels, respectively. Between the two outer lines, there is a moving average line which represents the average price. Since the distance between the lines is based on the standard deviation, the indicator automatically adjusts to the volatility in the price.
You have the option to adjust the period, the shift, and other settings of this indicator with the click of a button. You can also customize the style, the color, and the width of the lines.
At checkout, you will be provided with the files needed for the installation of this indicator, along with a comprehensive guide which helps you through every step of the way.
Keep in mind thatMetaTrader 4is required to use this product. This product will be available for other trading platforms soon. If you have any suggestions, please contact us email@example.com.