Ultimate Guide To Trading Candle Colors Alongside Bollinger Bands
Many professional traders will agree that the easiest way to make money on IQ Option is by using the simplest strategy. This means relying on simple signals such as candle colors. But unless you know how to read candle colors by themselves, you’ll need to use them alongside one or more indicators. In this guide, I’ll teach you how to use candle colors with Bollinger Bands to trade on the IQ Option platform. Setting up Bollinger Bands on IQ Option Bollinger bands are one of the most popular types of indicators among traders. To learn more about this indicator, the Guide to Trading with Bollinger Bands on IQ Option is a must read. To set up Bollinger bands, click on the indicators feature on your trading interface. Next, select popular and finally select Bollinger Bands. The standard period of B-Bands is 20 and the deviation is 2. Let these settings remain as they are on your IQ Option trading interface. Once, set up, you chart should look like the one below. Ho