Trading Trends with Bollinger Bands

An explanation, implementation, backtest, and analysis.

Photo by Nicholas Cappello on Unsplash

Determining the trend of a stock price is very powerful when devising a technical trading system. If we are able to determine when a trend is reversing, that is reaching a top or a bottom, we’re able to determine good buy or sell points for our securities. In most of technical analysis, a single indicator is usually insufficient to develop a…