Tripple BB_13EMA

Here is a script to use 3 types of Bollinger Bands.

It is like three resistances or ranges in wich the Chart generally likes to move. A 1, 2 and 3 Width BB. The Chart moves 90% between the yellow one.

As support for my study i use the 13 EMA. is the Chart over the 13 EMA and under the Yellow (2) BB the trend is bullish. Is t under the 13 EMA and over the Yellow BB the trend used to be bearish.

The opener the BB are the more Volatilaty and the more likely the Chart will not bounce against the Bands. It will more get stick to the yellow or red one (if it is between them it is a trend too) and will follow up or downwards.

Check it out

Murat Oers (CFTe)
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 a publication is governed by House Rules. You can favorite it to use it on a chart.


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