The width of the Bollinger Bands is just the standard deviation of the price data over the specified period and is usually referred to as such. It is a reasonable measure of volatility..
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Free Indicator that plots the width of the Bollinger Bands. Useful for determining volatility, identifying squeezes and gauging the strength of trend.
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https://www.mql5.com/go?link=http://forex-indicators.org/indicators-ex4/BollWidth.ex4
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