PPO ATR Bands plots a percentage price oscillator in a separate pane. It compares a Hull average of typical price with a volume-weighted exponential average of Parabolic SAR, then scales three true-range bands around the slow average into matching oscillator l
Indicator · Pine Script v6 · Own pane
On Balance Volume & Bolliner Bands
This indicator plots On Balance Volume in a separate pane and can overlay a smoothing average of that series.
GitHub stars7on the repository
Pine versionv6current
Lines of code43
Settings3inputs
LicenceNone stated
Last update5 months ago30 May 2026
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
By default it draws a 20-period SMA of OBV with Bollinger Bands set two standard deviations away, plus a fixed 10-period EMA of OBV. A fill between the EMA and the smoothing average changes color when the EMA is above or below that average. The type, length, and band multiplier settings change the overlay. It requires volume data and does not generate trade entries or exits.
- On Balance Volume line
- Selectable moving-average smoothing
- Bollinger Bands around OBV
- Fixed 10-period EMA of OBV
- Color fill between EMA and average
Details
Published by
s4mn0v on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Volume, Volatility & bands, Moving averages
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
pinescriptpinescript-indicatorspinescript-strategiesbollinger-bandsemasmacd-indicatorrsi-strategytradingviewobv-indicator
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Type | string | SMA + Bollinger Bands | maTypeInput |
| Length | int | 20 | maLengthInput |
| BB StdDev | float | 2.0 | bbMultInput |
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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