Using Bollinger Bands For Better Technical Analysis by André Salmerón
Harness the power of John Bollinger’s work in ways you may not currently be taking advantage of.
Technical analysis is like a magnifying glass. But if you think this metaphor is going the usual way, think again. It is my firm belief that we should not use technical analysis to magnify market information, but rather to concentrate it on a single, miniscule point—much like a scout would use it to concentrate the light from the sun and start a fire ...