OPEN-SOURCE SCRIPT

Bollinger Bands Width Tresholds

Basic Bollinger Bands Bandwidth. I added dashed lines to indicate the 6%/9% treshold where it's likely to squeeze.
Bands and Channels

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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