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Bollinger Band Squeeze (Width < X%)
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🎯 Bollinger Band Squeeze (Width < X%)
This indicator highlights low-volatility squeeze conditions by detecting when the Bollinger Band Width drops below a customizable threshold. These zones often precede powerful price breakouts.
📌 How It Works:
Calculates Bollinger Bands using adjustable length and multiplier.
Measures bandwidth as a percentage of the current close.
When the band width percentage falls below your set threshold, a squeeze signal (tiny circle) is plotted below the candle.
⚙️ Inputs:
Bollinger Length (default: 20)
Bollinger Multiplier (default: 2.0)
Max Band Width % Threshold (default: 0.30%)
🔔 Alerts:
Alert condition is triggered when a squeeze is detected.
Message: "Bollinger Band width dropped below threshold."
🎯 Bollinger Band Squeeze (Width < X%)
This indicator highlights low-volatility squeeze conditions by detecting when the Bollinger Band Width drops below a customizable threshold. These zones often precede powerful price breakouts.
📌 How It Works:
Calculates Bollinger Bands using adjustable length and multiplier.
Measures bandwidth as a percentage of the current close.
When the band width percentage falls below your set threshold, a squeeze signal (tiny circle) is plotted below the candle.
⚙️ Inputs:
Bollinger Length (default: 20)
Bollinger Multiplier (default: 2.0)
Max Band Width % Threshold (default: 0.30%)
🔔 Alerts:
Alert condition is triggered when a squeeze is detected.
Message: "Bollinger Band width dropped below threshold."
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。