John Bollinger: The Bands that Revolutionised Technical Analysis📈 John Bollinger, an American analyst and trader, gained widespread recognition for developing a series of indicators, with Bollinger Bands taking a leading position 🏆 among them. This indicator is widely used by traders across the globe to analyse market volatility. It is also integrated into the MetaTrader 4 and MetaTrader 5 trading platforms, making it readily available for quick and effective use in trading various instruments across different time frames. 🔥Bollinger Bands: The History of Their Creation John Bollinger was born in 1950 in the United States. He developed an interest in finance at a young age, and after completing his education, he began his career as a financial market analyst. It was this profession that led Bollinger in the early 1980s to start working on his now-famous indicator. It is worth noting that John always had a keen interest in new approaches to data 💼 analysis. Developing his own indicator allowed him not only to enhance his own trading strategies but also to make a significant contribution to the theory and practice of technical analysis. As a young analyst, Bollinger recognised that volatility is a key but often overlooked aspect of financial markets that can significantly impact trading strategies. However, there were no truly effective methods for measuring this parameter at that time, prompting Bollinger to seek a solution to this problem. Many existing analytical tools were rigidly configured and did not adapt to changes in market volatility. Therefore, there was a need to develop an indicator that could adapt to market changes and provide traders with a flexible yet powerful analytical tool. 👉 Read More - https://nordfx.com/useful-arti...