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Bollinger Bands are a type of statistical chart characterizing the prices and volatility over time of a financial instrument or commodity, using a formulaic method. As a sudden increase in volatility could predict a trend reversal, Bollinger Bands are placed over a price chart to define pricing "channels". To read more visit here : https://www.tradingfuel.com/bollinger-bands-trading-strategy/
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Bollinger Bands are a technical analysis indicator that is developed by John Bollinger. It is useful for finding overbought/oversold areas and also help traders to identify the market volatility. It is commonly used as a reversion to the main indicator.
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