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 · Pine Script v4 · On the chart
Bollinger Bands
This indicator plots a Bollinger-style envelope on the price chart.
GitHub stars32on the repository
Pine versionv4older, still runs
Lines of code22
Settings3inputs
LicenceNone stated
Last update3 years ago10 Dec 2022
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 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 calculates a simple moving average of the selected source and a standard-deviation band width set by the multiplier. It draws the basis, two lines offset by a small fraction of the basis as a fee, and inner buy and sell levels at ninety percent of the deviation. Yellow and blue fills mark the space between those levels and the fee lines. Length, source, and multiplier are the main settings. It does not create orders or exits.
- SMA basis and standard-deviation envelope
- Fixed fee offset around the basis
- Inner buy and sell deviation levels
- Yellow and blue fills between levels
- Overlay plots on the price chart
Details
Published by
modster on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Volatility & bands, Moving averages
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.
| Setting | Type | Default | Variable |
|---|---|---|---|
| length | int | 20 | length |
| Source | source | close | src |
| mult | int | 3 | mult |
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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