This indicator overlays Bollinger Bands on the price chart and fills the area between upper and lower bands using a color based on Cumulative Volume Delta trend.
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
Deep Chart + BB (CVD Internal) plots an EMA 9 line and fills between the EMA 9 and Bollinger basis in green or red depending on price relationship. The deep chart feature displays order flow bubbles marking high activity zones inside candles through internal volume delta scanning from lower timeframes. Users adjust BB length, moving average type, standard deviation, CVD reset period, bubble size, and volume sensitivity. It draws all elements directly on the price chart.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
BB Length
int
20
length
Basis MA Type
string
SMA
maType
Source
source
close
src
StdDev
float
2.0
mult
Offset
int
0
offset
CVD Reset Period
timeframe
1D
anchorInput
Bubble Size Multiplier
float
1.5
bubbleScale
Volume Sensitivity
float
2.0
volThreshold
Manual Deep Scanning
bool
false
useCustomLTF
Internal Timeframe
timeframe
1
manualLTF
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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