Indicator · Pine Script v5 · On the chart

RSI + BB Signal Alert

by suyons

This indicator overlays two Bollinger Band sets from two timeframes on the price chart.

View on GitHub

GitHub stars7on the repository
Pine versionv5runs as is
Lines of code83
Settings17inputs
LicenceNone stated
Last update4 months ago21 Jun 2026

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

RSI + BB Signal Alert centers RSI on zero and classifies the second timeframe as up, sideways, or down. A buy appears when that trend is down or sideways and the first timeframe percent B is below the lowest line; a sell uses the opposite extreme. Signals require the condition to stay absent over a lookback. Settings change the moving-average type, lengths, deviation, and thresholds. It draws both bands and a horizontal line at the close, then sends one JSON alert per closed bar.

Details

Published by

suyons on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Oscillators & momentum, 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.

SettingTypeDefaultVariable
tf_1timeframetf_1
tf_2timeframe60tf_2
line_val_1int50line_val_1
line_val_2int30line_val_2
line_val_3int10line_val_3
line_val_4int-10line_val_4
line_val_5int-30line_val_5
line_val_6int-50line_val_6
Lengthint14rsi_len
Sourcesourceclosersi_src
TypestringHMAbb_ma_type
Sourcesourceclosebb_src
Show all 17 settings
SettingTypeDefaultVariable
Basis Lenint120bb_ma_len
Stdev Lenint120bb_dev_len
Stdev Multfloat2.0bb_dev_mult
Lookbackint10sig_lookback
Lengthint100sig_length
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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