Indicator · Pine Script v4 · On the chart

Bollinger Awesome Alert by JustUncleL

by webcrack4

This indicator overlays Bollinger Bands on the price chart and combines them with the Awesome Oscillator to generate buy and sell signals.

View on GitHub

GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code168
Settings11inputs
LicenceNone stated
Last update9 months ago10 Jan 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Bollinger Awesome Alert by JustUncleL triggers long entries when the three-period EMA crosses upward through the middle Bollinger Band while the Awesome Oscillator crosses its zero line from below. Short signals occur on the opposite crossover. Optional filters include EMA-based Bollinger Bands and band squeeze detection. Buy and sell alerts fire on chart. The system suits scalping volatile trending forex pairs during active sessions and lacks built-in stop loss or take profit.

Details

Published by

webcrack4 on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

Category

Volatility & bands, Moving averages, Scalping

Markets

Forex

Timeframes

M1-M5, M15-H1

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Use EMA for Bollinger Bandboolfalsebb_use_ema
Filter Buy/Sell with Bollinger Bandsboolfalsebb_filter
Flter Buy/Sell with BB squeezeboolfalsesqz_filter
Bollinger Lengthint20bb_length
Bollinger Sourcesourceclosebb_source
Base Multiplierfloat2.0bb_mult
Fast EMA lengthint3fast_ma_len
Awesome Length Slowint34nLengthSlow
Awesome Length Fastint5nLengthFast
BB Relative Squeeze Lengthint100sqz_length
BB Squeeze Threshold %int50sqz_threshold
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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