How to trade with Bollinger Bands Indicator in forex trading....

Assalamu Alaikum! Dear traders, aj man apka sath ""Bollinger Bands Indicator"" per trading k bara man apna knowledge share kerta hon. Umeed ha k sab traders ko is knowledge sa faida hoga.

Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye technical analysis kerta ha. Technical Analysis man trader market price ki movement ko smajhna k liye price chart ko read kerta ha, q k price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Indicators currency pairs aur commodities k price chart man market price ki movement ko track ker k trader ko safe trade entry aur trade exit levels ko identify ker k deta ha.

Bollinger Bands Indicator:

Bollinger Bands Indicator short term ki trades ko identify kerna ka ak famouse indicator ha, jo pora world man financial markets man use hona wala indicator ha. Ye indicator three trendlines k set per moshtamil hota ha.

i. Mid Trendline:

Mid trendline ko ""Middle Band"" kaha jata ha, jo asal man 20 period ki ""Simple Moving Average (SMA)"" hoti ha. Is indicator man 20 period ki SMA ko price ki central line b kaha jata ha aur price iska up and down move kerti ha.

ii. Upper Trendline:

Upper trendline ko ""Upper Band"" b kaha jata ha, jo positive ""Standard Deviations"" hoti ha.

iii. Lower Trendline:

Lower Trendline ko ""Lower Band"" kaha jata ha, ko negative ""Standard Deviations"" hoti ha.



History of Bollinger Bands Indicator:

Bollinger Bands Indicator ko Jhone Bollinger na develope kiya ha, jo trader ko price k ""Oversold"" aur ""Overbought"" ka batati ha.

Calculation of Bollinger Bands Indicator:

Bollinger Bands Indicator ka first data collection 20 period SMA hoti ha, jis man price last 20 periods ki closing price ko liya jata ha. Standard Deviations ak mathematical measurement ha jo varinace ka average ha aur zayada ter hamen Economics, Statistics aur Accounting wagera man nazer ata ha.



Formula of Bollinger Bands Indicator:

Bollinger Bands Lower Band = BOLU = MA (TP, n) + m * variance [TP, n]

Bollinger Bands Upper Band = BOLD = MA (TP, n) - m * variance [TP, n]

vBulletin [video]

Trading with Bollinger Bands Indicator:

Bollinger Bands Indicator per trading k liye zarori ha k trader is indicators ko combination use kerna chaheye.

Bollinger Bands Indicator per jab price upper band ko rejection de aur Shooting Star Candlestick, Hanging Man Candlestick ya koi b bearish trend reversal candlestick pattern bana to is per trader ko ""sell ki trade"" active kerni chaheye aur jab price middle band ko touch kerti ha to is per trader ko half trade close ker deni chaheye aur stoploss ko entry level per ker dena chaheye. Aur jab price lower band ko touch kara to complete trade ko close ker den.

Bollinger Bands Indicator per jab price lower band ko rejection de aur Hammer Candlestick, Inverted Hammer Candlestick ya koi b bullish trend reversal candlestick pattern bana to is per trader ko ""buy ki trade"" active kerni chaheye aur jab price middle band ko touch kerti ha to is per trader ko half trade close ker deni chaheye aur stoploss ko entry level per ker dena chaheye. Aur jab price upper band ko touch kara to complete trade ko close ker den.
....

Re: How to trade with Bollinger Bands Indicator in forex trading....

Asalam o Alekum dear friends umeed hay ap forex say achi earning kar rahay hon gay har traders ki koshish hoti hay kay wo maximum profit earn kar paye, to dear ye tab he mumkin hay jab ham Technically and Fundamentally market ko analyze karen gay to aj ham market ko Technically analyze karnay kelye aik indicator kay bary men discuss karen gay jis ka name hay (Bollinger Bands Indicator):-

Bollinger Bands are a form of technical analysis that traders use to plot trend lines that are two standard deviations away from the simple moving average price of a security. The goal is to help a trader know when to enter or exit a position by identifying when an asset has been overbought or oversold.

Image for guidance:-



How do you use the Bollinger band forex indicator?

Another forex trading strategy to work around this is to add a second set of Bollinger Bands placed only one standard deviation from the moving average, creating upper and lower channels. Then, buy orders are placed within the lower zone and sell orders in the upper zone, increasing execution probability.

Which indicator works best with Bollinger Bands?

Best indicator to use with Bollinger Bands

The best combination of technical indicators is the RSI – a momentum indicator with Bollinger Bands – a trend-following indicator.

How do you use Bollinger Bands and RSI in Forex?

The strategy of using Bollinger Bands and RSI is to watch for moments when prices hit the lower band and RSI hits the oversold region (Below 30). This would be a good entry price to buy. If you are looking to sell, you can wait for prices to hit the upper band and RSI hits the overbought region (above 70).

What is the best setting for Bollinger band?

John Bollinger suggests a setting of 9-12, and for me the best setting is 12. With these settings you will find that in an uptrend, the Upper Bollinger Band points nicely up and prices are constantly touching the Upper Bollinger Band.

Re: How to trade with Bollinger Bands Indicator in forex trading....

Bollinger Band in Forex Trading

Forex trading me bohat sare indicators hai jin per hume trading kar sakte hai ya sub technical analysis me ate hai hume jub bhe technical analysis ki bat karte hai tu in me indicators
bhe ate hai or indicators me Bollinger band bhe aik indicator hai jis per hum trading kar sakte hai or acha profit gain kar sakte hai ya indicator hume market ki range ka batata hai
ya hume uper level or low level ki nishandehi karta hai jis ki base per hum trading kar sakte hai ya hum stop loss ya take profit select kar sakte hai.

Bollinger Band Kaise Kam karta hai?

Bollinger Band indicator ki 3 lines hoti hai jin ke under market move karti hai aik uper band hoti hai or aik meddle band or aik lower band hoti hai market agr uper side move kar rahi hai tu market uper band
ko touch karti hai or phir meddle band ko touch kar ke uper jati hai ya phir agr zaida down aye tu phir lower band ko market ya price touch karti hai or phir uper chali jati hai
Bollinger band me humne ya daikhna hota hai ke market kub apne support level yani lower band ko touch karti hai or kub uper band ko touch karti hai.

Bollinger Band trading Strategy.

Bollinger Band per trading karne ke liye hume pahle Bollinger band ka knowledge hasil karna chahiye market ya price jub uper band ko touch kare tu hume market me sell ki
trade karnin chahiye or jub market lower band ko touch kare tu hume Buy ki trade open karni chahiye market Bollinger band ki lines ke andar hi move karti hai hume bhe
lines ko daikh kar apni trades karni chahiye or stop loss or take profit bhe hume Bollinger band ki lines ko daikh kar hi lagana chahiye lot size apne capital ke mutabiq money
management ke mutabiq select kare.