OPEN-SOURCE SCRIPT
BBMA. Custom BB + MA
Custom BB + MA Indicator
This indicator combines Bollinger Bands (BB), Moving Averages (MA), and an Exponential Moving Average (EMA) to provide a comprehensive view of market trends and price volatility.
Features:
Bollinger Bands (BB):
Configurable period and standard deviation.
Displays upper, lower, and midline bands with customizable colors and widths.
Moving Averages (MA):
Includes 5-period and 10-period Weighted Moving Averages (WMA) for both highs and lows.
Customizable colors and line widths for better visualization.
Exponential Moving Average (EMA):
Includes a 50-period EMA with customizable settings.
Usage:
Use Bollinger Bands to gauge price volatility and identify potential breakout or reversal points.
Use Moving Averages for trend direction and short-term price movements.
Use the EMA for a smoother trend analysis and long-term direction.
This indicator is fully customizable, allowing traders to adjust the settings to fit their trading strategies and preferences. Perfect for technical analysis of any market.
This indicator combines Bollinger Bands (BB), Moving Averages (MA), and an Exponential Moving Average (EMA) to provide a comprehensive view of market trends and price volatility.
Features:
Bollinger Bands (BB):
Configurable period and standard deviation.
Displays upper, lower, and midline bands with customizable colors and widths.
Moving Averages (MA):
Includes 5-period and 10-period Weighted Moving Averages (WMA) for both highs and lows.
Customizable colors and line widths for better visualization.
Exponential Moving Average (EMA):
Includes a 50-period EMA with customizable settings.
Usage:
Use Bollinger Bands to gauge price volatility and identify potential breakout or reversal points.
Use Moving Averages for trend direction and short-term price movements.
Use the EMA for a smoother trend analysis and long-term direction.
This indicator is fully customizable, allowing traders to adjust the settings to fit their trading strategies and preferences. Perfect for technical analysis of any market.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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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.