Indicator · Pine Script v5 · Own pane

Neural Network Sub 31 Bollinger

by zhuzp98· code credited to rhapsodyz

An indicator component that calculates 20-period Bollinger Bands with a 2.0 deviation multiplier and plots the basis, upper and lower bands with a shaded fill.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code31
Settings1inputs
LicenceNone stated
Last update1 year ago17 Jan 2025

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

Neural Network Sub 31 Bollinger also converts band contact into a weighted score: a score when the close is below the lower band and another when the open is above the upper band. One weight input sets the score size. The bands are drawn in a separate pane rather than over price.

Details

Published by

zhuzp98 on GitHub

Code credit

rhapsodyz, as written in the script's header

Type

Indicator, Pine Script v5

Draws

Separate pane below the 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.

SettingTypeDefaultVariable
BollingerBands Contact Importanceint0bbcontimportance
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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