🎯 Want to catch explosions before they actually start?
Learn to read the "squeeze" with the Bollinger Bands Indicator 💥
👉 This powerful indicator reveals when violent volatility will begin!
Welcome to episode four of:
"Understand Indicators Like a Pro" 🔍
And today we have: Bollinger Bands Indicator
📌 What is the Bollinger Bands Indicator?
Bollinger Bands Indicator is based on measuring price volatility.
It consists of 3 lines:
Middle line = Simple Moving Average (SMA 20)
Upper line = +2 standard deviations
Lower line = -2 standard deviations
The more the price moves, the wider or narrower the bands become — and here lies the golden opportunity 🔑
📈 How to use it:
✅ Squeeze = explosion coming
Narrowing the bands = decreasing volatility = strong movement coming!
Watch for price breakout after the squeeze 🚀
✅ Bounce from the bands
Touching the upper line = potential resistance
Touching the lower line = potential support
✅ Ride the trend
In a strong direction, the price may "walk" on the upper or lower band — don't go against the trend too early!
🧠 Professional tips:
Combine the band with RSI or MACD to filter signals
Great for small time frames for trading instant volatility
Don't enter the trade just by pressing — wait for a confirmation candle first ✅
📌 Next article: Volume — the most overlooked and strongest indicator ever 🔊🔥
Follow me now and learn to read volume like a market maker!