PINE LIBRARY
MyVolatilityBands
Updated
Library "MyVolatilityBands"
Just a lil' library of volatility bands that I use in some scripts
bollingerbands(src, lkbk, mult, basis)
Bollinger Bands
Parameters:
src (float): float
lkbk (int): int
mult (float): float
basis (float)
Returns: Bollinger Bands
donchianchannels(src, lkbk, band_width)
Donchian Channels
Parameters:
src (float): float
lkbk (int): int
band_width (float): float
Returns: Donchian Channels with an outer band of varying thickness adjusted by the band_width input
doublehalfdonchianchannels(src, lkbk, divisor)
Double Half Donchian Channels
Parameters:
src (float): float
lkbk (int): int
divisor (float): float
Returns: two adjustable bases calculated using Donchian Channels calculation that act as a measure of volatility
Just a lil' library of volatility bands that I use in some scripts
bollingerbands(src, lkbk, mult, basis)
Bollinger Bands
Parameters:
src (float): float
lkbk (int): int
mult (float): float
basis (float)
Returns: Bollinger Bands
donchianchannels(src, lkbk, band_width)
Donchian Channels
Parameters:
src (float): float
lkbk (int): int
band_width (float): float
Returns: Donchian Channels with an outer band of varying thickness adjusted by the band_width input
doublehalfdonchianchannels(src, lkbk, divisor)
Double Half Donchian Channels
Parameters:
src (float): float
lkbk (int): int
divisor (float): float
Returns: two adjustable bases calculated using Donchian Channels calculation that act as a measure of volatility
Release Notes
v2Updated:
bollingerbands(src, lkbk, mult, basis, band_width)
Bollinger Bands
Parameters:
src (float): float
lkbk (int): int
mult (float): float
basis (float)
band_width (float)
Returns: Bollinger Bands with an outer band of varying thickness adjusted by the band_width input
doublehalfdonchianchannels(src, lkbk, divisor)
Double Half Donchian Channels
Parameters:
src (float): float
lkbk (int): int
divisor (float): float
Returns: two adjustable bases calculated using Donchian Channels calculation that can act as a measure of volatility for below chart indicators
Release Notes
v3Added:
keltnerchannels(atr_lkbk, mult, basis, band_width)
Keltner Channels
Parameters:
atr_lkbk (simple int): int
mult (float): float
basis (float): float
band_width (float): float
Returns: Keltner Channels with an outer band of varying thickness adjustable by the band_width input
Updated:
bollingerbands(src, lkbk, mult, basis, band_width)
Bollinger Bands
Parameters:
src (float): float
lkbk (int): int
mult (float): float
basis (float): float
band_width (float): float
Returns: Bollinger Bands with an outer band of varying thickness adjustable by the band_width input
donchianchannels(src, lkbk, band_width)
Donchian Channels
Parameters:
src (float): float
lkbk (int): int
band_width (float): float
Returns: Donchian Channels with an outer band of varying thickness adjustable by the band_width input
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House rules.
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