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Bollinger Bands are a type of price envelope developed by John BollingerOpens in a new window. (Price envelopes define upper and lower price range levels.) Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price.

Combining it with quantsapp indicator can give you better results with higher strike ratio.

SPEAKERDharmendra RajbharTrainer

PGDM in finance, having 5+ experience in Equity, commodities , forex analysis and trading.

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