OPEN-SOURCE SCRIPT

Colour Coded Bollinger Bands

Bollinger Bands coloured to more clearly show periods of contraction and expansion. Green filled bands indicate expansion/increasing bandwidth, and red fill indicates contraction/decreasing bandwidth.
bandwidthBollinger Bands (BB)Bollinger Bands Width (BBW)meanreversion

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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