Bollinger Bands are an advanced form of trading band developed by John Bollinger and used by traders worldwide. All trading bands exist for a single purpose, to answer the question "Are prices relatively high or low?" The answer to that question is useful in developing trading systems, pattern recognition and many other market operations. Bollinger Bands can be applied in all the financial markets including equities, forex, commodities, and futures and they can be used in most time frames, from very short-term periods, to hourly, daily, weekly or monthly.
In this one-hour session, John Bollinger will teach the basics of Bollinger Bands and the classic Bollinger Band tools, %b and BandWidth, which make Bollinger Bands so powerful. Then he will teach you how to use Bollinger Bands to diagnose and act on a few market patterns. When you finish this information-packed session you will have powerful new insight into finding trade setups where the risk-reward relationship is in your favor. All the Bollinger Band indicators that John will present are available in the MetaStock Bollinger Band Tool Kit.
About John Bollinger
John Bollinger is the president and founder of Bollinger Capital Management, an investment management company that provides technically-driven money management services. Bollinger Capital Management also develops and provides proprietary research for institutions and individuals.
He is perhaps best known to the public as the creator of Bollinger Bands, which he developed in the mid ‘80s. Over the past 30 years, investors and traders worldwide have come to view Bollinger Bands as a most reliable tool for assessing expected price action and the bands are featured on most financial charting software and websites. His book, “Bollinger on Bollinger Bands” has been translated into eleven languages.
Mr. Bollinger has developed several investor websites: www.BollingerBands.com www.EquityTrader.com, www.BollingerOnBollingerBands.com, www.BBForex.com,www.MarketTechnician.com, www.PatternPower.com and a Bollinger Band mobile application for Android and IOS devices.