OPEN-SOURCE SCRIPT
Atlantic Trading - Multiple EMAs & Bollinger Bands
Multiple EMAs & Bollinger Bands Overlay
A versatile technical analysis overlay combining multiple Exponential Moving Averages (EMAs) with customizable Bollinger Bands. This indicator is designed to help traders identify trends, momentum, and potential support/resistance levels across different timeframes.
Features
Multiple EMAs for trend analysis:
8 EMA (short-term trend)
60 EMA (intermediate trend)
200 EMA (long-term trend)
200 SMA (additional long-term trend confirmation)
Fully customizable Bollinger Bands:
Adjustable length and standard deviation
Individual color controls for upper, middle, and lower bands
Optional fill between bands with customizable transparency
Unified or separate color schemes for the bands
Settings
Moving Averages
Customizable lengths for all EMAs and SMA
Individual color settings for each moving average
Bollinger Bands
Length: Default 20 periods
Standard Deviation: Default 2.0
Color Options:
Default mode: Single color for all bands
Advanced mode: Individual colors for upper, middle, and lower bands
Fill Options:
Toggleable band fill
Customizable fill color
Adjustable fill transparency
How to Use
The 8, 60, and 200 EMAs help identify trends across different timeframes
The 200 SMA provides additional trend confirmation
Bollinger Bands help identify:
Potential support/resistance levels
Market volatility
Overbought/oversold conditions
Notes
All colors and parameters are fully customizable through the settings panel
The indicator works on all timeframes
Suitable for any trading instrument (stocks, forex, crypto, futures)
Updates
Version 1.0
Initial release with all core features
Customizable colors and parameters
Optional Bollinger Bands fill
Credits
Jacobeckooo on Atlantic Trading for the idea
A versatile technical analysis overlay combining multiple Exponential Moving Averages (EMAs) with customizable Bollinger Bands. This indicator is designed to help traders identify trends, momentum, and potential support/resistance levels across different timeframes.
Features
Multiple EMAs for trend analysis:
8 EMA (short-term trend)
60 EMA (intermediate trend)
200 EMA (long-term trend)
200 SMA (additional long-term trend confirmation)
Fully customizable Bollinger Bands:
Adjustable length and standard deviation
Individual color controls for upper, middle, and lower bands
Optional fill between bands with customizable transparency
Unified or separate color schemes for the bands
Settings
Moving Averages
Customizable lengths for all EMAs and SMA
Individual color settings for each moving average
Bollinger Bands
Length: Default 20 periods
Standard Deviation: Default 2.0
Color Options:
Default mode: Single color for all bands
Advanced mode: Individual colors for upper, middle, and lower bands
Fill Options:
Toggleable band fill
Customizable fill color
Adjustable fill transparency
How to Use
The 8, 60, and 200 EMAs help identify trends across different timeframes
The 200 SMA provides additional trend confirmation
Bollinger Bands help identify:
Potential support/resistance levels
Market volatility
Overbought/oversold conditions
Notes
All colors and parameters are fully customizable through the settings panel
The indicator works on all timeframes
Suitable for any trading instrument (stocks, forex, crypto, futures)
Updates
Version 1.0
Initial release with all core features
Customizable colors and parameters
Optional Bollinger Bands fill
Credits
Jacobeckooo on Atlantic Trading for the idea
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.