The Secret Behind the Bollinger Bands Revealed.

http://DoubleYourForexProfits.com/... The Bollinger Bands were created by John Bollinger in the late 1980s. Bollinger studied moving averages and experimented with a new envelope (channel) indicator. This study was one of the first to measure volatility as a dynamic movement. This tool provides a relative definition of price highs/lows in terms of upper and lower bands.