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norok

Bollinger Bands Width Donchian

norok Wizard  
Bollinger Bands (BB) Bollinger Bands Width (BBW)
86
3
bollingerbands bollingerbandswidth
This script measures the (default 20) Bollinger Band Width and draws a line. When the Bollinger Band compresses the indicator goes down and when it expands the indicator goes up. When the Bollinger Band Width compresses and expands to the lowest or highest degree for the last number of bars (default 200) it moves the Donchian lines to indicate the lowest and highest point for that period.
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This script is privately created and shared with my friends. Contact me via DM or on social media for more information.

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