OPEN-SOURCE SCRIPT
Bollinger Bands Wide & Narrow
* Bollinger Bands Wide & Narrow apply a Simple Moving Average (SMA) on Bollinger Bands Width with same period of middle bands to regconize the bands are widening or narrowing.
* "Bands Widening" is marked by green shade.
* "Bands Narrowing" is marked by red shade.
* "Bands Widening" is marked by green shade.
* "Bands Narrowing" is marked by red shade.
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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