This is an indicator that flags the lowest Bollinger Bands Width value for a set number of bars back.
This is based on my BBVV script seen here
Each dot on the BBVV indicator marks the rolling "X"-period low in BBVV value. You can set "X" as any number of bars back in the settings of this indicator.
This can be used to accurately predict when periods of...
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...