OPEN-SOURCE SCRIPT
Bollinger Bands Ultra [DM]
Updated
Greetings Colleagues
I share here the classic Bollinger Bands indicator
From the Alma series that I am sharing, this is the third.
Fibonacci levels have been added to the bands to the delight of those who use this technique.
The moving average has also been replaced by an Arnaud legoux moving average
- Available settings:
1. MA length, deviation and offset
2. Individual settings for the MA "basis" (offset and sigma)
3. Activate or deactivate recurring alerts at the crossing of the mean and the ends of the bands
4. Color shift of the Moving average "basis"
5. Color change of the body of the bands
6. Bar color change
If you like them, I encourage you to share the most suitable settings you found for this variant.
I share here the classic Bollinger Bands indicator
From the Alma series that I am sharing, this is the third.
Fibonacci levels have been added to the bands to the delight of those who use this technique.
The moving average has also been replaced by an Arnaud legoux moving average
- Available settings:
1. MA length, deviation and offset
2. Individual settings for the MA "basis" (offset and sigma)
3. Activate or deactivate recurring alerts at the crossing of the mean and the ends of the bands
4. Color shift of the Moving average "basis"
5. Color change of the body of the bands
6. Bar color change
If you like them, I encourage you to share the most suitable settings you found for this variant.
Release Notes
Minor changesRelease Notes
Hello"""Added Log scale switch variant
Added Parabolic Sar
Added 2nd alma moving average
Release Notes
Greetings colleaguesFollowing the concerns of the pine users I have updated the script so that they can use it at will.
They are becoming a test bench or firewall 😉
Several switches have been added so look at the tooltips before touching" 😉
You can now desynchronize the main bbs of your moving average to widen the data window or shrink it.
Another switch has been added to unpair the 94% internal band and turn it into a completely independent band with its individual settings
As I already updated, it has the parabolic sar and its fill to identify the easiest progression
Enjoy” MasterS
https://www.tradingview.com/x/w8Rxe8ov/
Release Notes
Minor ChangesA third moving average is added
Change Mavg signal length values:
1. Basis same = 20
2. 2nd Mavg 120 to 135
3. 3rd Mavg set length in 260
Release Notes
Mayor ChangesReplace colors
Added individual settings and switches for all mavg and bands
The script was cut a bit
more is coming
Release Notes
Update ChartRelease Notes
Added ema option for 2nd and 3rd moving average with toogle switchOpen-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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