Indicator · Pine Script v5 · On the chart

Higher TF BBands

by PythonForForex

This indicator calculates Bollinger Bands from the close, using a chosen length and standard-deviation multiplier, then reads the middle, upper, and lower values from a user-selected timeframe.

View on GitHub

GitHub stars64on the repository
Pine versionv5runs as is
Lines of code17
Settings3inputs
LicenceNone stated
Last update4 years ago29 May 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

Higher TF BBands plots those three bands on the price chart. The timeframe input changes which bar series the bands come from, while length and standard deviation change the band width. It uses security requests with lookahead off and does not generate entries, exits, or stops.

Details

Published by

PythonForForex on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Volatility & bands

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

pinescripttradingview

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
BBands Timeframestring60tf
Lengthint20len
StdDevint2stddev
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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