want to take your trading skills to the next level?
or maybe you want to be able to identify market trends and make conformed trades with confidence?
Then, you need to get to know the Bollinger Bands %B indicator.
It’s An indicator developed from the fundamental Bollinger Bands (BB) indicator. Bollinger Bands%B is a volatility indicator which produces a band of three lines that is shown in connection to the price. A 20 Day Simple Moving Average is often used for the Middle Line. Typically, the Upper and Lower Bands are 2 standard deviations above and below the SMA (Middle Line).
%B can be useful in identifying trends and trading signals.
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