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9001. Over time, the bands act like an accordion playing music Bollinger Bands Formula The Bollinger Bands indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward loxses Calculate a Simple Moving Average of forwx behavior (Standard period setting is 20, but can be customized to suit your taste); Calculate Upper Limit line by adding 2 standard deviations to the SMA (Standard setting is 2, but can me modified); Calculate Lower limit forex taxes losses in similar fashion to Upper Limit.

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