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Indicator · Pine Script v5 · On the chart
Bollinger Bands
This indicator calculates and plots multi-timeframe Bollinger Bands directly on the price chart.
GitHub stars7on the repository
Pine versionv5runs as is
Lines of code39
Settings7inputs
LicenceNone stated
Last update4 months ago21 Jun 2026
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
Users can select from various moving average types for the basis line, such as SMA, EMA, WMA, HMA, RMA, VWMA, or ALMA, alongside customizable basis length, standard deviation length, and multiplier settings. The indicator retrieves band values for two distinct timeframes using security calls, rendering basis, upper, and lower bands for both timeframe levels to allow multi-timeframe volatility and trend analysis.
- Multi-timeframe Bollinger Band calculations
- Selectable basis moving average types including HMA and ALMA
- Independent basis length and standard deviation period settings
- Dual timeframe plot overlays on the price chart
Details
Published by
suyons on GitHub
Type
Indicator, Pine Script v5
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 |
|---|---|---|---|
| tf_1 | timeframe | | tf_1 |
| tf_2 | timeframe | 60 | tf_2 |
| Type | string | HMA | bb_ma_type |
| Source | source | close | bb_src |
| Basis Len | int | 120 | bb_ma_len |
| Stdev Len | int | 120 | bb_dev_len |
| Stdev Mult | float | 2.0 | bb_dev_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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