Bollinger Bands width Indices Analysis & Bollinger Bands width Trading Signals
Developed by John Bollinger.
This stock indicator is based on the original Bollinger indicator.
Bandwidth is a measure of width of Bollinger Band
Calculation
Band-width = Upper Band - Lower Band
Middle Band

that is an oscillator, primarily based at the idea that inventory buying and selling rate & volatility occurs in cycles.
Periods of high price volatility are succeeded by periods of low price volatility.
During periods of high volatility, the bands are widely spaced, resulting in a broad band-width.
Low volatility makes bands tight. The band width indicator narrows too.
The blue line signifies the highest Bandwidth value over a specified number of periods.
This line also identifies the periods of high price volatility
The red line signifies the lowest bandwidth value over a specified number of previous periods.
This line also identifies the periods of low price volatility
Indices Analysis and Generating Trade Signals
Consolidation - Bollinger Squeeze
The Bollinger Band Width measurement is utilized to detect periods of market "squeeze," which signifies a phase of trading price consolidation, immediately preceding a potential price breakout movement in a particular direction.
Trading signals get generated and triggered upon an index price breakout occurring - a signal is produced when the technical indicator begins to ascend after making contact with the red line. The commencement of the bandwidth line's upward movement signals an increase in volatility accompanying the stock price breakout.

Squeeze

Break Out Signal After Band-width Squeeze
This indicator doesn't show direction on its own. You have to combine it with something like a moving average to figure out where the trend or breakout is heading.
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