Bollinger Bands in Pine Script: A Comprehensive Guide
So you're staring at those squiggly lines around your price chart wondering what the heck they actually do? Those three bands that squeeze and expand like an accordion? Yeah, those are Bollinger Bands, and they're way more useful than they look.
Here's the thing about Bollinger Bands - they're one of those indicators that seems intimidating at first but is actually pretty brilliant once you understand what's happening. John Bollinger created this system back in the 1980s, and it's still going strong because it solves a real problem: how do you know when the market is getting too excited or too sleepy?



