OPEN-SOURCE SCRIPT
Bollinger Band Percent Width Crossing RSI
Bollinger Band width is hard to follow on log charts, but it's an excellent indicator for volatility. When BBand % width crosses down through periods of low crosses down through periods where RSI is low, you may be able to count on a substantial reversal over the intermediate or long-term.
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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