OPEN-SOURCE SCRIPT
BB Over Bought / Sold MTF
// Enter a long position or exit a short position when all bands concentrate below 0.15 in lime color.
// Exit a long position or enter a short position when all bands concentrate above 0.9 in fuchsia color.
// Exit a long position or enter a short position when all bands concentrate above 0.9 in fuchsia color.
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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