RaviYendru

Double Bollinger Bands

On fundamentally strong stocks for entry points. The area in the Gray lines is the best one to enter and reasonable valuation. The area in the Red lines indicates higher Valuation. The area in the Green lines indicates lower Valuation and better to be careful and avoid.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Thank you for this script.........is it possible to shade the area between the red lines and green lines ?.........between the gray lines ?
Thank you Ravi !
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RaviYendru TonyCampbell
@TonyCampbell, I liked the idea and implemented :). You can check once.
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