Forex-Bollinger-Band-Width-Ratio-Indicator
Watch the testing video here:
How do you use a Bollinger band width indicator?
The BandWidth indicator can be used to identify the Bollinger Band Squeeze. This alerts chartists to prepare for a move, but direction depends on the subsequent band break. A squeeze followed by a break above the upper band is bullish, while a squeeze followed by a break below the lower band is bearish.
