This script is a mix of both the default Bollinger Bands and the default Keltner Channels .
It helps in identifying the squeeze of the bands and also the consolidation of the price movement.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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