Question: How to use Bollinger Bands for intraday trading?

Question: How to use Bollinger Bands for intraday trading?

Answer

You should determine how you will trade - on a reversal from the Bollinger Bands lines, or on their breakdown. The test result above may suggest that a reversal trade is more likely. Next, experiment to see which indicators or techniques will help you improve your performance. For example, if the reversal from the Bollinger Bands line coincides with the support/resistance level, then this can be used as an intraday trading strategy.