What Are Bollinger Bands and How Do They Work?

Bollinger Bands are among the most popular tools in technical analysis. Developed by John Bollinger in the 1980s, the indicator is widely used to assess market volatility and identify potential reversal points. Bollinger Bands can help traders evaluate current market conditions and analyze price dynamics.In this article, we'll take a detailed look at how the Bollinger Bands indicator works, explore its key settings, and examine the main trading strategies that use Bollinger Bands in financial ma