Acceleration Bands is an overlay indicator that plots a volatility envelope around a central simple moving average. It calculates upper and lower boundary bands scaled by the high-to-low bar range relative to the midpoint price, smoothed by an SMA over a user-
Indicator · Pine Script v5 · On the chart
Volatility Band Indicator
The Volatility Band Indicator calculates volatility bands around a customizable moving average basis line directly on the price chart.
GitHub stars4on the repository
Pine versionv5runs as is
Lines of code96
Settings7inputs
LicenceCustom licence
Last update11 months ago17 Nov 2025
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
Users can select between SMA, EMA, RMA, or WMA basis types, alongside adjustable length and standard deviation multiplier settings. The script plots the basis line along with upper and lower volatility bands, offers an optional visual fill between bands, and displays breakout markers when price closes outside the boundaries.
- Customizable MA basis types including SMA, EMA, RMA, and WMA
- Adjustable standard deviation multiplier and period length
- Optional visual band fill shading
- Visual markers for band breakout detection
Details
Published by
mitchell-917 on GitHub
Type
Draws
On the price chart
Category
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 |
|---|---|---|---|
| Source | source | close | src |
| Length | int | 20 | length |
| Std Dev Multiplier | float | 2.0 | mult |
| Basis MA Type | string | SMA | maType |
| Band Color | color | color.new(color.blue, 0) | bandColor |
| Fill Between Bands | bool | true | showFill |
| Mark Band Breakouts | bool | true | showBreakouts |
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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