OPEN-SOURCE SCRIPT
Updated Bollinger Band ribbon
This indicator plots 9 upper and lower lines with increasing length. Lines are 0.618 upper and lower level of Bollinger band.
Release Notes
Added bull / bear breakout with alert.When volume is higher then volume ma and price crosses Bollinger band ribbon indicator plots Bull or Bear sign.
You can set alert for breakout.
Release Notes
Added alert for when price is outside BB ribbon.Release Notes
Corrected alert bugRelease Notes
Added tow other lines with length 200For details visit our web site. Link in profile bio.
Release Notes
Added basis line with changeable lengthCode optimized
Release Notes
Added setting for BB 10 color change and changed color to yellowAdded BB 10 upper and lower 100 value with auto color change red = bearish, green =bullish.
Release Notes
Added alert for bullish / bearish color changeRelease Notes
Added alert for price exiting middle channel Release Notes
Changed color and added transparency optionRelease Notes
Added length settings change "New settings enabled" it changes BB length to 30 ....360Release Notes
changed settings menuRelease Notes
Added Bull and Bear label and alerts for it. Do not enter blindly on labels wait for Market Structure Shift.Release Notes
Changed bb10 length to 1000 by defaultOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.