OPEN-SOURCE SCRIPT
IO_BB_Width
John Bollinger's academic version of Bollinger Bands width
Added some customizations around background colors.
If background color is colored, then the market is trending.
Added some customizations around background colors.
If background color is colored, then the market is trending.
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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-- INVSTO
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