BB Keltner Squeeze Signal 1.0

Bollinger Bands are measures of standard deviation from a simple moving average. This is the distance that price travels as a whole over time. Keltner Channels are a measure of ATR from an exponential moving average. This is the average range of individual bars.
Both indicators measure volatility and when they contract indicate that price is consolidation. A very tight consolidation can often be a prelude to an expansion of volatility and price movement. It can be a signal for a potential breakout or confirmation one will be successful.
The actual Bollinger Bands and Keltner Channels are turned off by default but can be turned on in the script settings. I also use 26 as the default length but it can be changed.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact norok directly.
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact norok directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade