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 · Pine Script v4 · On the chart
Bollinger Bands Winner IND [Alorse]
This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions.
GitHub stars330on the repository
Pine versionv4older, still runs
Lines of code131
Settings21inputs
LicenceNone stated
Last update2 months ago25 Aug 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
Bollinger Bands Winner IND [Alorse] calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price breaks through the bands by a user-defined candle percentage, provided the active filters (such as RSI limits, long-term Aroon trend direction, and baseline moving average trend) are satisfied. Users can toggle long or short signals, adjust filter thresholds, and configure early exit logic.
- Bollinger Bands breakout signals
- RSI momentum filter
- Long-term Aroon trend confirmation filter
- Moving average trend filter
- Configurable candle body percentage threshold
Details
Published by
Alorse on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Volatility & bands, Oscillators & momentum, Moving averages, Mean reversion
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.
Topics
pinescriptpinescript-indicatorspinescript-strategiestrading-strategiestradingviewtradingview-alerttradingview-strategy
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Version | string | txtVer | version |
| Source | source | close | src |
| Length | int | 20 | length |
| StdDev | float | 2.0 | mult |
| ╔══════ Use RSI ══════╗ | bool | true | hasRSI |
| Above | int | 45 | aboveRSI |
| Source | source | close | srcRSI |
| Length | int | 14 | lenRSI |
| Below | int | 55 | belowRSI |
| ╔══════ Use Aroon ══════╗ | bool | false | hasAroon |
| Periods | int | 288 | lengthAr |
| Confirmation | int | 90 | Confirmation |
Show all 21 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Stop | int | 70 | Stop |
| ╔══════ Use MA ══════╗ | bool | true | hasMa |
| Moving Average Type | string | EMA | maType |
| Moving Average length | int | 200 | maLen |
| Candle % | int | 30 | candleper |
| Include shadow as part of the body | bool | false | cbSize |
| Long entries | bool | true | showLong |
| Short entries | bool | false | showShort |
| Close position early | bool | true | closeEarly |
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
Mean Reversion Study is an indicator that identifies trade setups combining exponential moving averages, RSI extremes, and engulfing candlestick patterns. It highlights bullish setups when a bullish engulfing candle forms below the EMA while RSI is oversold, a
This indicator combines Bollinger Bands, RSI, Stochastic RSI, and volume spike detection to identify mean-reversion conditions during range-bound market regimes. It calculates Bollinger Band width to identify low-volatility states and triggers buy or sell sign
The 8zz Contrarian Indicator plots reverse sentiment trading signals directly on the price chart based on tracked retail post activity. It generates bullish signals during retail panic and bearish signals during market euphoria. The indicator features adjustab
ADX Strategy (original) is an overlay indicator that identifies trend-following trade signals using the Average Directional Index (ADX) combined with a Simple Moving Average filter. A long signal is generated when the ADX rises above a user-defined trend level
Double Screened Decision is a multi-timeframe trend and momentum indicator overlaid directly on the price chart. It dynamically selects a higher timeframe based on the active chart resolution to evaluate higher-timeframe MACD, Bollinger Bands, RSI, and Stochas
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers