BB Compression Scan - Find out which are Contraction after Expansion

Sai

New member
VIP
Looking to get some help on finding out the stocks/etfs after a big move.
how can we scan for the stocks were up big recently but which are Compressed now?

Planning to use Daily Bollinger Band width is above 20 D ADR range but hourly Bollinger band width is below 20 Day ADR range for minimal risk entries for high flyer stocks.

Question is how can we scan them up as it need multiple Timeframes for Bollinger Bandwidth . i can do it in Watchlist as multiple custom columns with diff time periods. but i want to get it in my scan itself to filter my watchlist with above conditions which has different timeframes.

Use Case: Assume daily has huge expansion in price where Daily Bollinger bandwidth may be huge but when Price is compressing from initial expansion , lower timeframes Bollinger band width may be very less. i want to scan those both Bollinger bandwidths together where higher time frame has expansion , lower timeframe has compression

There are outside solutions exist for the same scenario
https://easycators.com/thinkscript/multiple-timeframe-bollinger-bands-indicator-for-thinkorswim/

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