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Trade Responsibly. Trade Responsibly.Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
Invest Responsibly: Trading CFDs involves significant risks.
FxPro Help Centre - Glossary

Bollinger Bands

Developed by John Bollinger in the 1980s, Bollinger Bands are a type of statistical chart portraying the prices and volatility of an asset over time. Bollinger bands are comprised of a moving average and two plotted set of lines; portraying the standard deviation above and below the moving average. When the bands widen; the charted asset is characterized by high volatility. When the bands narrow; the charted asset is characterized by low volatility. When an asset’s price is closer to the lower band then it is regarded as being oversold. On the contrary, when its price is closer to the upper band it is thought to be overbought. In an upward trend the price will move between the moving average and the upper band; if it crosses below the moving average a downward trend may be in effect. Conversely, in a downward trend the price will tend to move between the moving average and the lower band; if it crosses above the moving average, an upward trend may be in effect.

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