Who is the creator of the Bollinger Band indicator?

The creator of the Bollinger Bands is John Bollinger, a financial analyst and developer of technical analysis tools. He invented the Bollinger Bands in the 1980s as a tool to measure price volatility and determine dynamic support and resistance levels. These bands are based on the simple moving average (SMA) with the addition of two standard deviations to create ranges that reflect market volatility.

Bollinger Bands are widely used in technical analysis to identify buying and selling opportunities, where a price breakout above the upper band indicates overbought conditions, while a breakout below the lower band indicates oversold conditions.

#BinanceAlphaAlert #johnBollinger #learn2earn #BinanceAcademy