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Bollinger Band Squeeze


This indicator is designed to identify periods of market volatility compression using Bollinger Bands (BB) and Keltner Channels (KC), i.e. the Bollinger Band Squeeze.

When the Bollinger Bands fall entirely within the bounds of the Keltner Channels the bands are highlighted in red. During periods of no compression, the bands are displayed in gray.

-- BB: 20 SMA
-- KC: 20 EMA

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