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Which indicator goes best with the bollinger bands?

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4 Answers
Derrick Zastrow
Answered 2 years, 4 months ago
<p id="isPasted">Bollinger Bands are a technical analysis tool that is used to measure volatility in the financial markets. They consist of a moving average and two standard deviation bands that are plotted above and below the moving average. Traders often use Bollinger Bands to identify potential trading opportunities based on price action relative to the bands.</p><p>There are several indicators that can complement Bollinger Bands and help traders make more informed trading decisions. Here are a few examples:</p><ol><li>Relative Strength Index (RSI): RSI is a momentum oscillator that measures the speed and change of price movements. Traders can use RSI in …</li></ol>
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Joel Schmidt
Answered 2 years, 3 months ago
<p id="isPasted">The indicator that can be used with Bollinger Bands is the Moving Average Convergence Divergence (MACD) indicator. The MACD is a trend-following momentum indicator that uses exponential moving averages to identify changes in trend. When used in conjunction with Bollinger Bands, the MACD can help traders identify potential buy or sell signals.</p><p>Ultimately, the best indicator to use with Bollinger Bands will depend on the individual trader's trading style and preferences. It's important to experiment with different indicators and combinations to find what works best for you.</p>
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Vernon Petty
Answered 1 year, 9 months ago
<p id="isPasted">There are several technical indicators that can be used in conjunction with Bollinger Bands, each providing different insights and serving different purposes. Here are some of the most commonly used indicators in combination with Bollinger Bands:</p><p><strong>Relative Strength Index (RSI): </strong>The RSI measures the speed and magnitude of price movements, indicating overbought or oversold conditions. When the RSI is above 70, it suggests that the market is overbought and a price correction may be due. Conversely, when the RSI is below 30, it indicates that the market is oversold and a price rebound may be forthcoming.</p><p class="forexqa-img-container"><img src="https://prod-forexqna.s3.amazonaws.com/uploads/froala_editor/images/1700215159613.png" style="width: 426px;" class="fr-fic fr-draggable fr-dib forexqa-img fr-fil"></p><p><br></p><p><br></p><p><strong>Moving Average Convergence Divergence …</strong></p>
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Anthony Giles
Answered 1 year, 6 months ago
<p id="isPasted">Bollinger Bands are one of those tools. But they work even better when you use them with something called the Moving Average Convergence Divergence (MACD) indicator.</p><p>Think of the MACD indicator as a sidekick to Bollinger Bands. When they work together, they can give even better hints about when to make a trade. The MACD indicator helps you know when the prices might change by looking at how some lines cross each other.</p>
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