John Bollinger
| John Bollinger | |
|---|---|
 |
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| Born |
May 27, 1950 Montpelier, Vermont, United States |
| Occupation | Non-fiction writer, Financial Analyst |
| Nationality | American |
| Notable works | "Bollinger on Bollinger Bands" (2001) |
| Notable awards | 2005 Market Technicians Association Annual Award for Outstanding Contribution to the Field of Technical Analysis, 1995 Technical Securities Analysts of San Francisco Lifetime Award for Outstanding Achievement in Technical Analysis. Bollinger has been the driving force in establishing technical analysis as an important and respected discipline in equity and futures analysis. 2015 International Federation of Technical Analysts, IFTA Lifetime Achievement Award. Recognition for a lifetime of contribution, hard work, and total dedication adding significance to the field of technical analysis. |
John A. Bollinger (born May 27, 1950) is an American author, financial analyst, contributor to the field of technical analysis and the developer of Bollinger Bands. His book Bollinger on Bollinger Bands, John Bollinger, McGraw Hill, 2002, ISBN , has been translated into eleven languages. He has published The ’’Capital Growth Letter’’ which provides technical analysis of the financial markets since 1987.
Bollinger Bands are intervals drawn on a price chart that define high and low on a relative basis. Bollinger started developing Bollinger Bands in the early 1980s. They are an adaptation of Keltner Bands and similar to Donchian channels. He was trading options at the time and much of his analytics involved volatility. At the time fixed width trading bands were in use. Mr. Bollinger's contribution was to use volatility standard deviation to make trading bands adaptive.
When they were introduced to the public on Financial News Network they didn't have a name. His interviewer pointed to the chart and said "What are those?" and Bollinger said "Let's call them Bollinger Bands." That was how they got their name.
“John Bollinger, CFA, has always concentrated on the overlap between technical and fundamental analysis, rather than focus on the differences. To bridge the gap between fundamental and technical analysis, Bollinger advocates an approach he calls ‘Rational Analysis’”. Bollinger first coined the term “Rational Analysis” in the late 1980s. He then defined it as the “juncture of the overlap between technical and fundamental analysis” and created a visual representation.
At the 2004 AIMR Conference, in his presentation titled Combining Technical and Fundamental Analysis, he took his concept one step further. Because the financial analysis community sub-categorizes itself in ever finer specialty groups, his updated definition of Rational Analysis was stated as “the union of the sets of technical, fundamental, quantitative and behavioral analysis”.
The analogy Bollinger uses for Rational Analysis is having multiple tool kits each with different tools. To get the job done the rational approach is to take the tool that does the job best, regardless of which tool kit it comes from. The same is true for financial analysis. Depending on the analytical scenario, sometimes technical analysis tools provide the best insights. Sometimes fundamental analysis, behavioral analysis or quantitative analysis; and most often a combination of all four is the most rigorous and productive.
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