What Is Bollinger Bands Indicator ?

What Is Bollinger Bands Indicator ?

EXPLANATION: Dear forex members Bollinger Bands Aik technical indicator hain jo ke stock market aur trading mein istemal hotay hain. Yeh indicator price volatility aur price trends ko samajhnay mein madadgar hota hai. Bollinger Bands Aik band ya range hoti hain jo price chart ke aas paas hoti hai. Bollinger Bands generally teen components se bani hoti hain. 1. Simple Moving Average (SMA): Yeh Aik average hota hai jo price ki history ko consider karta hai aur Aik specific time period ke andar ka average price calculate karta hai. 2. Upper Bollinger Band: Upper band SMA ke upar Aik standard deviation ke hisab se set ki jati hai. Is band ko use karte hue traders volatility aur potential resistance levels ko samajhte hain. 3. Lower Bollinger Band: Lower band bhi SMA ke neeche Aik standard deviation ke hisab se set ki jati hai. Is band ko use karte hue traders volatility aur potential support levels ko samajhte hain. How To Work Bollinger Band Indicator In Market: Dear friends Bollinger Bands ka basic concept yeh hota hai ke jab price chart ke andar upper band se bahar nikalta hai, toh yeh Aik potential sell signal ho sakta hai, kyun ke price overbought ho sakta hai. Jab price lower band se bahar nikalta hai, toh yeh Aik potential buy signal ho sakta hai, kyun ke price oversold ho sakta hai. Is indicator ka istemal traders price movement ko analyze karne aur trading decisions banane mein karte hain. Bollinger Bands market volatility aur price ke potential turning points ko samajhne mein madadgar ho sakti hain.