Free Forex Signal: Bollinger Bands Indicator

What Are Bollinger Bands?

A volatility indicator using a middle SMA with upper/lower bands based on standard deviations.

Detect breakout opportunities and squeeze setups in real time — 100% free.

How This Signal Works

Signal Types

  • SQUEEZE (Potential Breakout) – Tight range suggests big move coming
  • BREAKOUT UP (BUY) – Price breaks above upper band
  • BREAKOUT DOWN (SELL) – Price breaks below lower band
  • Neutral – Price is within typical range

Customizable Settings

Adjust the SMA period and standard deviation multiplier to suit your analysis.

Important Notes

  • SQUEEZE – Low volatility, breakout may be coming
  • BREAKOUT UP (BUY) – Bullish price breakout
  • BREAKOUT DOWN (SELL) – Bearish price breakout
  • Neutral – No clear signal

LEARN TO TRADE WITH CONFIDENCE

Want to Master These Signals?

Join Forex University and learn how to combine Bollinger Bands with RSI, MACD, and more to develop a winning trading strategy.

Start Learning Now