Band width as a fraction of the middle band.
Preview
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What it measures
A moving average with standard-deviation bands either side; their width is the squeeze read.
- Inputs
- Length 20Standard deviations 2
- Output
- A line, in percent
- Feeds
- Entry and exit rules
- Warm-up
- 20 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Bollinger Bands
- Also known as
- BB, %B, Bollinger Bandwidth