Bollinger Band Signals

There are many Forex traders do not understand the use of Bollinger bands indicator and use it properly. Though Bollinger bands are famous among indicator forex trader. This time we will learn the simple use of indicators bolllinger bands. Here are some Bollinger bands signals that you can use in your Forex trading system.

W bottom Bollinger bands signals
This signals are like double top on trading chart pattern, you can use this double top with your bollinger bands indicator to determine bearish trend reversal.


M top Bollinger bands signals
This signals are like double bottom on trading chart pattern, you can use this double bottom with your Bollinger bands indicator to identify bullish trend reversal.