indikator

This is the simplest way to read the BB / Bollinger Bands indicator—without getting overwhelmed.
BB is a tool that tells you whether the price is calm, going wild, or getting tired.
1. GET TO KNOW THE 3 LINES FIRST
Imagine price moving inside a channel:
- Middle Band: This is the average price over the last 20 days (SMA 20). It’s the main path. If the price is above it, buyers are stronger. If it’s below, sellers are stronger.
- Upper Band: The channel’s upper limit. The middle band + 2 times market volatility. If the price touches it, that means it has been pushed too far upward.