[ad_1]
Benefits
- Bollinger Bands are visually straightforward to interpret
- They can be utilized each as a volatility indicator and a momentum oscillator
- Bollinger Bands may be utilized on any underlying asset throughout any timeframe
- The indicator generates alerts that not solely present exact entry ranges, but additionally specify cease loss and take-profit zones
Disadvantages
- Bollinger Bands work higher in sideways markets than in trending markets
- Whereas it’s attainable to establish excessive value readings with Bollinger Bands, they don’t seem to be splendid for this goal
- Though Bollinger Bands can set off their very own alerts, it is very important use these alerts in concurrence with different features of technical evaluation
[ad_2]