Bollinger Bands Video: It is Profitable?
Research Performed With TrendSpider
My extensive analysis of Bollinger Bands on the S&P 500, covering 13,360 years of data, indicates it is generally an unreliable and unprofitable tool for traders. However, Bollinger Bands can yield profits if you understand their workings, trading strategies, and optimal settings.
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Read the full article here: Trading the 200-Day Moving Average.