Is Bollinger and Moving Averages in same way
Bollinger Bands and Moving Averages are related, but have distinct technical analysis tools used in trading. Here’s how they are the same and how they differ: Similarities: Foundation on Moving Averages: Bollinger Bands are built around a moving average (typically a Simple Moving Average, SMA). The moving average forms the center line of the Bollinger Bands. Trend Analysis: Both tools are used to identify trends and potential reversals in price movement. They provide insights into…