OPEN-SOURCE SCRIPT
已更新 Bollinger Band Volatility Spread Visualizer

This indicator was created to see the total dollar (or whatever currency pair) amount spread between the upper and lower Bollinger Bands. This knowledge of knowing this spread can be used to indicate upcoming periods of high volatility in a market. The fundamental idea behind predicting periods of high volatility is backed up by the idea that periods of low volatility are followed by periods of high volatility and vice versa.
Based on this knowledge, the numerical spread of the Bollinger Bands, as shown in the indicator, we can deduce that when the value is super low, we can expect a period of high volatility AKA: big move incoming.
This indicator is not fully finished because this was my first time coding in Pinescript and I wanted to post the basic indicator first.
My future plans for improving this indicator include:
Based on this knowledge, the numerical spread of the Bollinger Bands, as shown in the indicator, we can deduce that when the value is super low, we can expect a period of high volatility AKA: big move incoming.
This indicator is not fully finished because this was my first time coding in Pinescript and I wanted to post the basic indicator first.
My future plans for improving this indicator include:
- Adding customization as an option to choose your personal BBands settings that this indicator is based off of
- Potentially converting this indicator as a TradingView Strategy where a signal would go off when the spread reaches a certain threshold
版本注释
Added code for custom Bollinger Bands input for flexibility for everyone's different uses of Bollinger Bands版本注释
Changed the way the data is presented by indexing the spread of the Bollinger Bands relative to the price of the asset. Basically just used the Bollinger Bands Width function that already exists and multiplied by 100 to get more precision. My eventual goal is to figure out a threshold that when reached, creates a general signal of upcoming high volatility. That signal can then be used in conjunction with other indicators (to detect the direction of a trend) to create a buy or sell signal.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。