OPEN-SOURCE SCRIPT
Updated

Bollinger %B Candles

4 194
Candlesticks made from Bollinger %B of high, low, open and close.

Input parameters are explained below:

  • BBLength : Bollinger band periods. Standard deviation is hardcoded as percent B scale does not change with standard deviation.
  • UseMovingAverage : Candles are formed on moving average of Bollinger Percent B instead of absolute values.
  • Moving Average Type : Type of moving average to apply on Bollinger %B values
  • Lookback Period : Moving Average periods.
  • ColorByPreviousClose : Color candles based on previous close.
Release Notes
Making it bit spicy by applying supertrend on the candles.
Release Notes
Fixed error

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