This is a forward-looking indicator for trading on all instruments. An advanced version of Bollinger Bands indicator created by outstanding analyst John Bollinger. One of the main differences of Super Bollinger Bands indicator from its predecessor consists in displaying upper and lower ribbons behavior on the middle line with some specific colors. Thus, the indicator gives a trader some visual information about price development for the current moment, and not for the past, as majority of other indicators do.
The indicator shows, in what direction the price will move, and is a forward-looking to a certain extent. It also informs about moments of movement damping allowing the trader to timely orientate himself or herself and exit the market before the movement changes. When you use the Super Bollinger Bands indicator, you don't have to look at ribbons all the time, as their behavior is sufficiently described by the middle line.
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