TradeSmart University – Bollinger Bands Essentials
The Bollinger Bands are popular among traders because this single indicator considers both price movement and volatility. This creates a powerful tool that adapts quickly to changing market conditions.
Over the last 40 years, traders have also discovered some exceptional trade setups based on the Bands. This makes the Bollinger Bands unique as both an analysis tool and a trade setup. This is a highly versatile indicator that should be in every trader’s tool belt.
When you complete this course, you’ll have a final piece of trade confirmation that has created many good nights of sleep for traders!
Yes, the Bollinger Bands will help you scan and find good trades. Perhaps more importantly, however, is this: the Bands will help you avoid making bad trades.
Using the Bollinger Band indicator combined with good technical analysis skills (like those you learned in the Foundations of Stocks & Options series), you should be targeting a win accuracy over 70%.
What You’ll Learn In Bollinger Bands Essentials?
Introducion to Bollinger Band Trading
- History of Bollinger Bands
- Bollinger Band Components
- Settings & Variations
- The Main Plays
Bollinger Derivative Indicators
- Understanding the Indicator Theory
- Introducing %B
- Bollinger Bandwidth
- Putting It All Together
Additional Tools
- Candlesticks with Bollinger Bands
- M Patterns
- W Patterns
- Setting Stops
Bollinger Trading Methods
- The Squeeze Play
- The Trend Trade
- The Reversal Trade
- The False Squeeze Break
Steps You Will Focus On:
- Class 1: Introduction to Bollinger Band Trading
- Class 2: Bollinger Derivative Indicators
- Class 3: Additional Tools
- Class 4: Bollinger Trading Methods
Who Is Bollinger Bands Essentials For?
This course is perfect for traders who have some basic stock training and experience but want to find better-quality potential trades.
The Bollinger Bands were introduced in the early 80s for exactly this purpose — to help traders make sense of a stock’s price movement.
Their popularity took the trading world by storm, and it still continues today. It would be nearly impossible to find a charting application that didn’t include this core indicator.
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