OPEN-SOURCE SCRIPT

Bollinger Bands Squeeze

By AlexeyFirsov
English:
Simple histogram, showing Squeeze of Bollinger Bands.

Usage is simple - when price is in Squeeze, no entries in any direction. For using with Bollinger Bands indicator, including binary options.


Russian
Простой индикатор, наглядной отображающий стадию Сжатия лент Боллинджера.
Простой в использовании - когда цена в Сжатии - не входим в сделку. Особенно эффективен при связке с индикатором лент Боллинджера и входе в сделку при раскрытии лент. Также применим для бинарных опционов


Example/Пример

snapshot
BBBollinger Bands (BB)Bollinger Bands Width (BBW)Oscillatorssqueeze

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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