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The Bollinger Band is a volatility based indicator used in Forex trading. The tool is among the most used indicator when talking about technical analysis. It consists of two bands and a middle line. The two bands react on volatility, which helps traders distinguish quiet from loud markets.
See this short video and quickly learn what is Bollinger Bands and what stays behind its formula. Find out about the two bands and the middle line as well as its popular signals like tight bands, wide bands, or the Bollinger Bands squeeze.