Calculates and plots moving averages on selected VIX volatility terms (VIX9D, VIX, VIX3M, or VIX6M) in a separate pane. The script computes user-defined short and long moving averages using EMA or SMA. It shades the background red when the short-term moving av
Indicator · Pine Script v5 · Own pane
Relative Bandwidth Filter
Calculates normalized bandwidth readings across various volatility channel types including Bollinger Bands, Keltner Channels, and Donchian Channels.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code63
Settings14inputs
LicenceNone statedfile: MPL-2.0
Last update8 months ago25 Feb 2026
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
63 lines of Pine Script v5 from pinescript/editors_picks/relative-bandwidth-filter.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © HeWhoMustNotBeNamed
// __ __ __ __ __ __ __ __ __ __ __ _______ __ __ __
// / | / | / | _ / |/ | / \ / | / | / \ / | / | / \ / \ / | / |
// $$ | $$ | ______ $$ | / \ $$ |$$ |____ ______ $$ \ /$$ | __ __ _______ _$$ |_ $$ \ $$ | ______ _$$ |_ $$$$$$$ | ______ $$ \ $$ | ______ _____ ____ ______ ____$$ |
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// $$$$$$$$ |$$ $$ |$$ $$/$$ $$ |$$ | $$ |$$ | $$ |$$ $$ $$/$$ |$$ | $$ |$$ \ $$ | __ $$ $$ $$ |$$ | $$ | $$ | __ $$$$$$$ |$$ $$ |$$ $$ $$ | / $$ |$$ | $$ | $$ |$$ $$ |$$ | $$ |
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// $$/ $$/ $$$$$$$/ $$/ $$/ $$/ $$/ $$$$$$/ $$/ $$/ $$$$$$/ $$$$$$$/ $$$$/ $$/ $$/ $$$$$$/ $$$$/ $$$$$$$/ $$$$$$$/ $$/ $$/ $$$$$$$/ $$/ $$/ $$/ $$$$$$$/ $$$$$$$/
//
//
//
//@version=5
indicator("Relative Bandwidth Filter")
import HeWhoMustNotBeNamed/enhanced_ta/14 as eta
bandType = input.string("KC", title="Type", group="Bands", options=["BB", "KC", "DC"])
bmasource = input.source(close, title="Source", group="Bands")
bmatype = input.string("sma", title="Type", group="Bands", options=["sma", "ema", "hma", "rma", "wma", "vwma", "swma", "linreg", "median"])
bmalength = input.int(100, title="Length", group="Bands")
multiplier = input.float(2.0, step=0.5, title="Multiplier", group="Bands")
useTrueRange = input.bool(true, title="Use True Range (KC)", group="Bands")
useAlternateSource = input.bool(false, title="Use Alternate Source (DC)", group="Bands")
bsticky = input.bool(true, title="Sticky", group="Bands/Bandwidth/BandPercent")
atrLength = input.int(20, 'Length', group='ATR')
bbmatype = input.string("sma", title="Type", group="BBands", options=["sma", "ema", "hma", "rma", "wma", "vwma", "linreg", "median"])
bbmalength = input.int(100, title="Length", group="BBands")
mmultiplier = input.float(1.0, step=0.5, title="Multiplier", group="BBands")
desiredCondition = input.string("Higher Bandwidth", "Desired Condition", options=["Higher Bandwidth", "Lower Bandwidth"])
referenceBand = input.string("Middle", options=["Upper", "Lower", "Middle"])
var cloudTransparency = 90
[bbmiddle, bbupper, bblower] = eta.bb(bmasource, bmatype, bmalength, multiplier, sticky=bsticky)
[kcmiddle, kcupper, kclower] = eta.kc(bmasource, bmatype, bmalength, multiplier, useTrueRange, sticky=bsticky)
[dcmiddle, dcupper, dclower] = eta.dc(bmalength, useAlternateSource, bmasource, sticky=bsticky)
upper = bandType == "BB"? bbupper : bandType == "KC"? kcupper : dcupper
lower = bandType == "BB"? bblower : bandType == "KC"? kclower : dclower
middle = bandType == "BB"? bbmiddle : bandType == "KC"? kcmiddle : dcmiddle
atr = ta.atr(atrLength)
relativeBandwidth = (upper-lower)/atr
plot(relativeBandwidth, "Relative Bandwidth", color=color.purple)
[mmiddle, uupper, llower] = eta.bb(relativeBandwidth, bbmatype, bbmalength, mmultiplier, sticky=false)
plot(mmiddle, 'Middle', color=color.blue)
plot(uupper, 'Upper', color=color.green)
plot(llower, 'Lower', color=color.red)
reference = referenceBand == "Middle"? mmiddle : referenceBand == "Upper"? uupper : llower
signal = relativeBandwidth > reference? 2 : 0
signal := desiredCondition == "Lower Bandwidth"? math.abs(signal-2) : signal
plot(signal, "Signal", display=display.data_window)
Overview
Relative Bandwidth Filter compares bandwidth values against a secondary band baseline to evaluate relative volatility expansion or contraction. Settings allow users to choose moving average calculation methods, lengths, ATR periods, and condition filters. The metric plots in a separate pane.
- Supports Bollinger Bands, Keltner Channels, and Donchian Channels
- Configurable moving average types including SMA, EMA, HMA, and VWMA
- Secondary band baseline evaluation for relative bandwidth comparison
- Customizable ATR and channel multiplier inputs
Details
Published by
regalouisei on GitHub
Code credit
HeWhoMustNotBeNamed, as written in the script's header
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Type | string | KC | bandType |
| Source | source | close | bmasource |
| Type | string | sma | bmatype |
| Length | int | 100 | bmalength |
| Multiplier | float | 2.0 | multiplier |
| Use True Range (KC) | bool | true | useTrueRange |
| Use Alternate Source (DC) | bool | false | useAlternateSource |
| Sticky | bool | true | bsticky |
| Length | int | 20 | atrLength |
| Type | string | sma | bbmatype |
| Length | int | 100 | bbmalength |
| Multiplier | float | 1.0 | mmultiplier |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Desired Condition | string | Higher Bandwidth | desiredCondition |
| referenceBand | string | Middle | referenceBand |
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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