This Bollinger Band indicator is a technical analysis tool defined by a set of trendlines plotted Four standard deviations (two positively and two negatively) away from a simple moving average (SMA) of a security's price, but which can be adjusted to user preference.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules.
You can favorite it to use it on a chart.
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