Bollinger Bands

Bollinger Bands has 3 lines: A simple moving average (middle band, normally MA20) and an upper and lower band which are typically 2 standard deviations +/- from a 20-day simple moving average.

To be successful using Bollinger Bands: 1- Always follow the trend 2-Ride the massive trends by adding to your positions and good entry points. 3-Move SLs as you are riding the trend using the lower band for buy positions or upper band for sell positions. 4-Look for breakouts to enter trades.

Link to the video

Which indicators are the best?

Which indicators or theories you use for trading?

As a technical trader, I am using indicators to execute my positions.
Choosing the right indicator for each pair is important as they respond differently to the different indicators.
$AUDUSD  may respond good to Williams R% but $GBPUSD may work better with Stochastic.
$Gold and $OIL are perfect for recurrence theory trading while $EURUSD is a nice pair for Elliott wave systems. (Only my experience).
Setting up an indicator for the different time frames is also an important factor.

Your strategy should also be based on your lifestyle. When choosing the indicators and time frames you should consider what type of trader you are, if you are a scalper, day trader or someone who likes to works on bigger time frames.

You may only be interested in fundamental trading.

The main key to be able to be successful is by adopting a good strategy and money management system which you can read more about that here.

Good luck!

Here is a list of indicators and strategies to use in your trading. I have included videos to help you better understand each indicator. 

1. Accumulation distribution is a cumulative indicator
2. Accumulative Swing Index
3. Average Directional Index (ADX/DMS)
4. Alligator indicator
5. Aroon indicator
6. Aroon Oscillator
7. Average True Range (ATR)
8. Awesome Oscillator
9. Bollinger Bands (BB)
10. Centre Of Gravity (COG)
11. Chaikin Volatility
12. Chande Forecast Oscillator (CFO)
13. Chande Momentum Oscillator (CMO)
14. Commodity Channel Index (CCI)
15. Coppock Curve
16. Detrended price oscillator (DPO)
17. Ehler Fisher Transform Indicator.
18. FRACTAL CHAOS BANDS (FCB)
19. Fractal Chaos Oscillator
20. Gopalakrishnan Range Index. (GAPO)
21. Highest-high-value-indicator(HHV)
22. Historical Volatility Indicator
23. High Low Bands Indicator (HBL)
24. High Minus Low indicator (HML)
25. Intraday Momentum Index (IMI)
26. Ichimoku Cloud
27. Keltner Channel (KC)
28. Linear Regression Forecast Indicator (LRF)
29. Linear Regression Intercept indicator
30. Linear Regression R-Squared Indicator
31. Linear regression slope indicator
32. Lowest Low Value

33. McGinley Dynamic Indicator

34. Median Price Indicator

35. MILAN OSCILLATOR INDICATOR

36. Momentum Indicator
37. Money Flow Index (MFI)
38. Money Flow Index Indicator (MFI) Part-2
39. Different Type of Charts - Part 1
40. Moving Average Strategies
41. Moving Average Envelopes 
42.  What is Parabolic SAR?
43. Pivot Point Strategy
44. Pretty Good Oscillator Indicator
45. Price Rate Of Change Indicator (ROC)
46. Prime Number Bands
47. Prime Number Oscillator - PNO
48. Q-Stick Indicator
49. Random Walk Index Indicator (RWI)
50. Ravi (Range Action Verification Index)
51. RSI (Relative Strength Index)
52. Schaff Trend Cycle - STC
53. standard Deviation Indicator
54. Stochastic Momentum Index (SMI)

55. Stochastic Oscillator

56. Swing Index Indicator (SI)

57. Time Series Forecast Indicator (TSF)

58. Triple Exponential Average (TRIX)

59. True Range

60. Typical Price

61. Ultimate Oscillator

62. Vertical Horizontal Filter

63. Weighted Close indicator

Traders Dynamic Index (TDI) indicator

 Traders Dynamic Index (TDI) indicator is a complex indicator that consists of the following indicators:

1. RSI (Relative Strength Index)
2. Moving Average  To smooth RSI
3. Bollinger Bands (BB)  Or in this case we should only refer to them as volatility bands

RSI helps us with:

1.       Trend recognition: trading in the direction of the trend

2         Overbought and oversold entry signals

MA helps us with:

1.       Smoothing RSI

Volatility bands help us with:

1.       Trend straight recognition

2      Trend direction