OPEN-SOURCE SCRIPT
Updated VDUB BB %B REVERSAL_v4.2 revised by JustUncleL
This is an revised Open Public version of Vdub Bollinger Band %B reversal indicator. This version includes optional Divergence Finder with selectable channel width, optional Market Session time highlighting and optional Binary Option expiry markers.
Release Notes
R4.3 By JustUncleL: some minor updates- Updated for Version 3 Pinescript compliance.
- Added option to change Session times.
- Change to 3 Session times: Asia, Europe and NewYork
- Added Colourung under BB %B curve to Highlight %B peaks.
HINT: I find Divergence works better at the Higher Time Frames 4hr or Daily.
//
Release Notes
Small Update:Changed input type to "session" for Session Time entries.
HINT#2: Look for Divergence markers that begin from Peaks above 50% or below -%50.
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.
JustUncleL
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.
JustUncleL
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.