PROTECTED SOURCE SCRIPT

Bollinger Bands x SmartBlackGirl

45
Bollinger Bands — Volatility & Breakout Zones
This Bollinger Bands tool dynamically adapts to market volatility, giving traders a visual framework for spotting overbought/oversold conditions, squeezes, and breakout opportunities.

Key Features

Dynamic Volatility Channels – Upper and lower bands expand during high volatility and contract during quiet periods.

Mean Reversion & Trend Trading – Price touching or piercing the bands can signal potential reversals or strong trend continuation.

Squeeze Detection – Narrowing bands indicate compression, often preceding explosive moves.

Fully Customizable – Adjust period, standard deviation, and colors to match your strategy.

Multi-Timeframe Friendly – Works on any chart, from scalping to swing trading.

How to Use

Squeeze Plays – Watch for band tightening; breakouts often follow.

Reversal Signals – Extreme touches combined with candlestick rejection may indicate turning points.

Trend Riding – Price “walking the band” can confirm strong momentum.

This indicator is ideal for traders who want a clear visual of volatility shifts, helping to anticipate when markets are likely to break out or revert to the mean.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.