Indicator · Pine Script v4 · On the chart

Bollinger Bands

by bfoura

This indicator calculates standard Bollinger Bands using a simple moving average basis line along with upper and lower bands derived from standard deviation.

View on GitHub

GitHub stars4on the repository
Pine versionv4older, still runs
Lines of code38
Settings5inputs
LicenceNone stated
Last update4 years ago15 Oct 2022

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 Bands includes logic to detect when price action comes within a configurable distance of the lower or upper bands. When the bar low enters the specified range of the lower band, it plots visual shape markers directly below price bars on the main chart. Settings allow customization of length, multiplier, and proximity thresholds.

Details

Published by

bfoura on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

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
Lengthint20length
Sourcesourceclosesrc
StdDevfloat2.0mult
Offsetint10offset
Near Offsetint20near_offset
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.

Similar Pine Scripts

Hampel Filter

by everget
947 stars

The Hampel Filter indicator identifies and filters out price outliers to smooth price data directly on the main chart. It calculates the rolling median and Median Absolute Deviation (MAD) of the chosen source series over a specified length. When a data point e

Indicator v4 Moving averagesVolatility & bands
Updated 12 days ago · GPL-3.0 GitHub repository of Hampel Filter

This overlay indicator plots a Supertrend from an ATR length and factor, four exponential moving averages, and a selectable VWAP or TWAP taken from a chosen timeframe on the price chart. It also shows MACD and stochastic with adjustable lengths, smoothing, ver

Indicator v5 Oscillators & momentumMoving averages
Updated 1 year ago · MPL-2.0 GitHub repository of Momentum Setup: Vijay Thakare Option Buying Scalping Setup

This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre

Indicator v4 Volatility & bandsOscillators & momentum
Updated 2 months ago · None stated GitHub repository of Bollinger Bands Winner IND [Alorse]
318 stars

This indicator plots four customizable moving averages directly on the main price chart using default lengths of 3, 8, 21, and 50 periods. It fills the space between adjacent averages in green or maroon depending on trend alignment. Additionally, it computes B

Indicator v5 Moving averagesTrend
Updated 2 months ago · MIT GitHub repository of Multiple Moving Averages

NVDA Trend Ribbon

by longsurf-ai
280 stars

This indicator plots three exponential moving averages and ATR volatility envelopes on the price chart. It compares the fast and slow EMAs to shade a trend ribbon and marks confirmed upward and downward crossovers with triangle labels. Settings change the thre

Indicator v6 TrendMoving averages
Updated 3 days ago · MIT GitHub repository of NVDA Trend Ribbon

Algo AVT

by ricardosantos79
261 stars

This indicator calculates an outlier-filtered moving average based on statistical filtering concepts. It stores close prices in a rolling array over a user-defined length, calculates the mean and standard deviation, and excludes values falling within a specifi

Indicator v4 Moving averagesVolatility & bands
Updated 4 years ago · None stated GitHub repository of Algo AVT

More Volatility & bands scripts

Related on ForexR

Trade Your Charts With a Regulated Broker

Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.

Compare brokers