Keltner | Bollinger | Squeeze

ge-on Updated   
Percent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one.

blue line = bollinger %
orange line = keltner %
red background = squeeze*

squeeze = bollinger bands are inside (encapsulated by) keltner channel
Release Notes:
Fixed squeeze calculation.
Release Notes:
Added scaled RSI indicator - let's call it rsi_2 - which is calculated in following way:

> rsi_2 = (rsi / 100) - 0.5

RSI is now plotted as histogram, where
  • green color = overbought / oversold market
  • red color = normal

* This indicator was created primarly for my own purposes, all comments and suggestions are welcome.
Release Notes:
Added smoothing parameter to %B and %K.

Note: Indicator works best with 30min+ time-frames.
Open-source script

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