OPEN-SOURCE SCRIPT

Log Bollinger Bands %BB Oscillator [Krypt]

Updated

This indicator is almost identical to "Bollinger Bands %BB" except its calculations are performed in logspace and it adds an optional EMA line (after LazyBear's idea).

Release Notes

different formula for EMA (separate EMAs for numerator and denominator) -- tends to result in earlier sell signals

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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