This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre
Indicator · Pine Script v6 · On the chart
MTF Bollinger Bands TT (3BB)
Draws Bollinger Bands from up to three user-chosen timeframes at once on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code191
Settings40inputs
LicenceNone stated
Last update1 year ago10 May 2025
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
For each timeframe it can show the basis line and bands at one, two and three standard deviations, with its own period, offset and colours. The average type can be SMA, EMA, WMA or VWMA. A setting waits for the higher-timeframe candle to close; turning it off allows values that change while the candle is open. Labels mark each timeframe.
- Three independent timeframes
- Basis plus 1, 2 and 3 sigma bands
- Choice of four average types
- Optional wait for higher timeframe close
- Per timeframe colours and labels
Details
Published by
itsmeterada on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Volatility & bands, 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Price Source | source | close | src |
| Moving Average Type | string | SMA | maType |
| Wait for higher-TF close? | bool | true | waitClose |
| Label Text Size | string | tiny | textSize |
| Enable | bool | true | en1 |
| Timeframe | timeframe | 60 | tf1 |
| Period | int | 20 | per1 |
| Offset | int | 0 | off1 |
| Basis Color | color | color.blue | cB1 |
| +/-1σ Color | color | color.new(color.blue, 0) | c11 |
| +/-2σ Color | color | color.new(color.blue, 20) | c21 |
| +/-3σ Color | color | color.new(color.blue, 40) | c31 |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Basis | bool | false | sB1 |
| Show ±1σ | bool | false | s11 |
| Show ±2σ | bool | true | s21 |
| Show ±3σ | bool | false | s31 |
| Enable | bool | true | en2 |
| Timeframe | timeframe | 240 | tf2 |
| Period | int | 20 | per2 |
| Offset | int | 0 | off2 |
| Basis Color | color | color.orange | cB2 |
| +/-1σ Color | color | color.new(color.orange, 0) | c12 |
| +/-2σ Color | color | color.new(color.orange, 20) | c22 |
| +/-3σ Color | color | color.new(color.orange, 40) | c32 |
| Show Basis | bool | false | sB2 |
| Show ±1σ | bool | false | s12 |
| Show ±2σ | bool | true | s22 |
| Show ±3σ | bool | false | s32 |
| Enable | bool | true | en3 |
| Timeframe | timeframe | D | tf3 |
| Period | int | 20 | per3 |
| Offset | int | 0 | off3 |
| Basis Color | color | color.purple | cB3 |
| +/-1σ Color | color | color.new(color.purple, 0) | c13 |
| +/-2σ Color | color | color.new(color.purple, 20) | c23 |
| +/-3σ Color | color | color.new(color.purple, 40) | c33 |
| Show Basis | bool | false | sB3 |
| Show ±1σ | bool | false | s13 |
| Show ±2σ | bool | true | s23 |
| Show ±3σ | bool | false | s33 |
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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