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Indicator · Pine Script v6 · On the chart
Options MA Bollinger
An indicator on the price chart that draws a 20 period and a 50 period EMA together with Bollinger Bands, 20 period and 2 standard deviations by default, and fills the band area.
GitHub stars1on the repository
Pine versionv6current
Lines of code37
Settings4inputs
LicenceMIT
Last update1 year ago21 Jun 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
37 lines of Pine Script v6 from options_trend_indicator.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
// @version=6
indicator(title="Options MA + Bollinger", shorttitle="OptMA-BB", overlay=true, timeframe="15")
// Inputs
fastLength = input.int(20, "Fast EMA Length")
slowLength = input.int(50, "Slow EMA Length")
bbLength = input.int(20, "BB Length")
bbStd = input.float(2.0, "BB StdDev")
// Calculations
fastMA = ta.ema(close, fastLength)
slowMA = ta.ema(close, slowLength)
basis = ta.sma(close, bbLength)
dev = bbStd * ta.stdev(close, bbLength)
upper = basis + dev
lower = basis - dev
// Trend detection
bullCross = ta.crossover(fastMA, slowMA)
bearCross = ta.crossunder(fastMA, slowMA)
priceBreakUp = ta.crossover(close, upper)
priceBreakDown = ta.crossunder(close, lower)
// Plotting
plot(fastMA, color=color.orange, title="Fast EMA")
plot(slowMA, color=color.blue, title="Slow EMA")
p1 = plot(upper, color=color.teal, title="BB Upper")
p2 = plot(basis, color=color.gray, title="BB Basis")
p3 = plot(lower, color=color.teal, title="BB Lower")
fill(p1, p3, color=color.new(color.teal, 90), title="BB Fill")
// Signal markers
plotshape(bullCross or priceBreakUp, title="Buy Signal", style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small)
plotshape(bearCross or priceBreakDown, title="Sell Signal", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small)
Overview
Options MA Bollinger marks a buy triangle when the fast EMA crosses above the slow EMA or price closes above the upper band, and a sell triangle for the opposite events. The script is set to request 15 minute data. The repository README is about an unrelated security tool.
- Fast and slow EMA crossover markers
- Bollinger Bands with shaded fill
- Band breakout buy and sell triangles
- Fixed 15 minute data setting
Details
Published by
ShadowBrokersDevs on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Moving averages, Volatility & bands
Markets
Any symbol
Timeframes
M15-H1
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.
Repository
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA Length | int | 20 | fastLength |
| Slow EMA Length | int | 50 | slowLength |
| BB Length | int | 20 | bbLength |
| BB StdDev | float | 2.0 | bbStd |
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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