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Bollinger Band ribbon

cryptohrv Updated   
Bands and Channels Bollinger Bands (BB) bands ribbon
72
3
bandsandchannels bollingerbands bands ribbon
This indicator plots 9 upper and lower lines with increasing length. Lines are 0.618 upper and lower level of Bollinger band.
Release Notes:
Added bull / bear breakout with alert.
When volume is higher then volume ma and price crosses Bollinger band ribbon indicator plots Bull or Bear sign.
You can set alert for breakout.
Release Notes:
Added alert for when price is outside BB ribbon.
Release Notes:
Corrected alert bug
Release Notes:
Added tow other lines with length 200
For details visit our web site. Link in profile bio.
Release Notes:
Added basis line with changeable length
Code optimized
Release Notes:
Added setting for BB 10 color change and changed color to yellow
Added BB 10 upper and lower 100 value with auto color change red = bearish, green =bullish.
Release Notes:
Added alert for bullish / bearish color change
Release Notes:
Added alert for price exiting middle channel
Release Notes:
Changed color and added transparency option
Release Notes:
Added length settings change "New settings enabled" it changes BB length to 30 ....360
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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