billinger band indicator:

Billinger band indicator:

Assalam alaikum dear members! umeed ha ap sb khairiat se hn gy ir apki trading achi ja rhi ho ge. jesa k ap ko maloom ho ga hm ny forex indicators ki series start ki thi or usi main agy barhty hovy aj hum Bollinger Bands ko discuss karen gy k ye kesa indicator ha esko use kr k trade kesy ki jay. What is Bollinger Band? dear members Bollingar band 1 technical indicator ha jo k market analysis main help karta ha.Ye indicator 3 lines oy mushtamil hota ha darmyan main 1 line hoti ha jo simple moving average line hoti ha esko middle band b kaha jata ha. es simple moving average line k opr or nechy bhi aik aik line hoti ha jo k upper and lower bands khlati hain. Ye indicator hamen support or resistance k sth sth oversold or overbought ki bhi information deta ha. Basically simple moving average 20 ki hoti hai or upper & lower band es 20 moving average se 2 standard deviated hoty hain jo k modify bhi ho skty hain. Bollingar bands main ye smjha jata ha k jb market upper band k close hoti ha to market overbought hoti ha or esi trha jb market lower band k nzdk hoti hai to market overslod smjhi jati ha. Squeeze in Bollinger Bands: Bollinger bands main squeeze us situation ko kaha jata ha jb upper or lower bands 1 dosry k close hoty jaty hain or simple average line bhi converge hoti jati ha es situation ka mtlb hota ha k market main volatility bht km ha or abi trade na li jaen or ye b indication hoti ha k squeeze k bad market highly volatile ho jygi. Laikin phir bhi in ko trading signals k tor py ni lia ja skta na hi ye market ki direction indicate karti hain.to apko price action ka sahara lena ho ga trade leny k lye. Breakout of bands: Taqreeban tmam price actions bands k darmyan hi hoty hain laikin baz oqat market se bhr nkl jati ha.or ye breakout 1 major event hota ha.breakout basically koe signal ni hota bht se log es break out ko signal smjh k trade karty hain or loss ho jata ha. es lye main hmesha khta han k srf indicators py dependent na hn bl k price action or charts ko smjh k confirmation k bad trade len. NOTE: please use proper risk & money management while trading forex.