Hey traders! Today, let’s dive into the %BB indicator, which is derived from Bollinger Bands. This handy tool provides an extra level of insight into market movements.
One of the main uses of the %BB indicator is to help you determine whether the price is breaking through the upper or lower Bollinger Bands. This can be a crucial signal when it comes to making trading decisions.
So, if you’re looking to refine your trading strategy, incorporating the %BB indicator could be a game-changer!
Enjoy trading!
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