Bollinger Bands Width (BBW)
Bollinger Bands Width is a volatility-based indicator that quantifies the relative width between the upper and lower Bollinger Bands. It is derived from standard Bollinger Bands, which are plotted a certain number of standard deviations (typically 2) above and below a moving average.
BBW helps traders spot squeeze setups, where the bands contract during low-volatility periods and suggest an upcoming price breakout. Conversely, wide bands may signal a period of high volatility, often following a strong move.
How to Use Bollinger Bands Width
- Low BBW values indicate that the Bollinger Bands are tight and the market is in a low-volatility phase. This often precedes a breakout in price.
- High BBW values suggest that the bands have expanded due to recent volatility. This can signal that a large move has already occurred, and a consolidation may follow.
- BBW can be used across different timeframes and asset classes, including crypto, stocks, forex, and commodities.
Get BBW values via API
We provide API access to the BBW values for all of the most popular assets like stocks, crypto (try one of the popular exchanges like Binance) and forex, on all commonly used timeframes – from the weekly and daily all the way down to one minute intervals. You can also calculate the values on your own data using our manual method.
Why Use BBW?
The BBW indicator is essential for volatility-based strategies. Many traders use it in conjunction with other indicators to confirm breakouts or identify periods to avoid trading. Whether you’re building a bot or analyzing charts manually, tracking bbw provides valuable insight into market conditions.
Get started with the bbw
Simply make an HTTPS [GET] request or call in your browser:
[GET] https://api.taapi.io/bbw?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1h
API response
The bbw endpoint returns a JSON response like this:
{
"value": [
3.9203
],
"upperBand": [
110465.3888
],
"lowerBand": [
106218.0612
],
"middleBand": [
108341.725
]
}
Example response from TAAPI.IO when querying bbw endpoint.
API parameters
binance,
binancefutures or one of our supported exchanges. For other crypto / stock
exchanges, please refer to our Client
or Manual integration methods.
BTC/USDT Bitcoin to Tether, or
LTC/BTC Litecoin to Bitcoin...
1m,
5m, 15m, 30m, 1h, 2h,
4h, 12h, 1d, 1w. So if you're
interested in values on hourly candles, use interval=1h, for daily values
use interval=1d, etc.
backtrack parameter removes candles from the data set and calculates
the bbw value X amount of candles back. So, if you are fetching the
bbw on the hourly and you want to know what the
bbw was 5 hours ago, set backtrack=5. The default is
0.
chart parameter accepts one of two values: candles or
heikinashi. candles is the default, but if you set this to
heikinashi, the indicator values will be calculated using Heikin Ashi
candles. Note: Pro & Expert Plans only.
true or false. Defaults to false. By setting to
true the API will return a timestamp with every result (real-time and
backtracked) to which candle the value corresponds. This is especially helpful when
requesting a series of historical values using the results parameter.
1685577600
1731456000 If
you only use fromTimestamp, the API will return all results from that time until
present.
number or max. Use this parameter to access historical
values on the past X candles until the most recent candle. Use max
to return all available historical values. Returns an array with the oldest value on top
and most recent value returned the last.
The period for calculating Bollinger Bands.
Default: 20
The standard deviation multiplier for Bollinger Bands calculation.
Default: 2.0
More examples
Let's say you want to know the bbw value on the last closed
candle on the 30m timeframe. You are not interest in the real-time value, so you
use the backtrack=1 optional parameter to go back 1 candle in history to the last
closed candle.
[GET] https://api.taapi.io/bbw?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=30m&backtrack=1
Get bbw values on each of the past X candles in one call
Let's say you want to know what the bbw daily value was each
day for the previous 10 days. You can get this returned by our API easily and efficiently in one
call using the results=10 parameter:
[GET] https://api.taapi.io/bbw?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1d&results=10
Looking for even more integration examples in different languages like NodeJS, PHP, Python, Curl or Ruby? Continue to [GET] REST - Direct documentation.