MetaTrader 4 is a trading platform developed by MetaQuotes Software for online trading in the forex, contract for differences (CFD) and futures markets. MT4, as it is commonly called, provides tools and resources that allow traders to analyze price, place and manage trades, and employ automated trading. This article will explain the basics of one of the tools used to analyze price - Bollinger Bands® - and how to use this popular technical indicator within the MT4 trading platform.

SEE: Using Technical Indicators To Develop Trading Strategies

Next: How To Apply Bollinger Bands® With Metatrader 4: Understanding Bollinger Bands® »

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