This indicator plots standard Bollinger Bands and three configurable moving averages directly on the price chart. Users can toggle the Bollinger Bands, adjust their length and multiplier, and choose between exponential or simple moving averages for fast, slow,
Indicator · Pine Script v4 · On the chart
Multi-Indicator Script
This indicator overlays two variants of Bollinger Bands and four simple moving averages on the price chart.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code29
Settings5inputs
LicenceNone stated
Last update2 years ago19 Dec 2023
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
Multi-Indicator Script plots the Bollinger basis along with upper and lower bands for two adjustable settings using different lengths and multipliers. It also displays MA7, MA20, MA50 and MA100 lines to analyze trends and volatility. The main settings change the Bollinger lengths to 20 and 160 plus multipliers to 2.0 and 2.8. These plots help traders identify patterns and trends on any market or timeframe without predefined entry or exit rules.
- Bollinger Bands
- Moving Averages
- Bollinger Basis
- Adjusted Volatility Bands
- Trend Indicators
Details
Published by
MarcOutt on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Moving averages, Volatility & bands, Trend
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 |
|---|---|---|---|
| Bollinger Length | int | 20 | length |
| Bollinger Multiplier | float | 2.0 | mult |
| Bollinger Source | source | close | src |
| Bollinger Length 2 | int | 160 | length2 |
| Bollinger Multiplier 2 | float | 2.8 | mult2 |
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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