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    Caio Franciscatto
    34 views1 page
    The document defines an indicator for a Bollinger Bands style technical analysis indicator. It allows the user to configure period length, shift value, moving average type, and visibility/colors of upper, middle, lower bands and the fill between the bands. The indicator calculates upper, middle, and lower bands based on the selected moving average type and plots the bands and fill if their visibilities are enabled.

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    Bb Script

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    The document defines an indicator for a Bollinger Bands style technical analysis indicator. It allows the user to configure period length, shift value, moving average type, and visibility/colors of upper, middle, lower bands and the fill between the bands. The indicator calculates upper, middle, and lower bands based on the selected moving average type and plots the bands and fill if their visibilities are enabled.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    34 views1 page

    BB Script

    Uploaded by

    Caio Franciscatto
    The document defines an indicator for a Bollinger Bands style technical analysis indicator. It allows the user to configure period length, shift value, moving average type, and visibility/colors of upper, middle, lower bands and the fill between the bands. The indicator calculates upper, middle, and lower bands based on the selected moving average type and plots the bands and fill if their visibilities are enabled.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    instrument { name = "Canal Bordas de Bolinger", icon="indicators:ADX", overlay =

    true }
    period = input (5, "front.period", input.integer, 1)
    shift = input (1, "front.newind.offset", input.double, 0.01, 300, 0.01)
    fn = input (averages.ema, "front.newind.average", input.string_selection,
    averages.titles)
    input_group {
    "front.top line",
    upper_line_visible = input { default = true, type = input.plot_visibility },
    upper_line_color = input { default = "#ff0000", type = input.color },
    upper_line_width = input { default = 1, type = input.line_width }
    }
    input_group {
    "front.middle line",
    middle_line_visible = input { default = true, type = input.plot_visibility },
    middle_line_color = input { default = #ffffff, type = input.color },
    middle_line_width = input { default = 1, type = input.line_width }
    }
    input_group {
    "front.bottom line",
    lower_line_visible = input { default = true, type = input.plot_visibility },
    lower_line_color = input { default = "#00FF00", type = input.color },
    lower_line_width = input { default = 1, type = input.line_width }
    }
    input_group {
    "front.newind.adx.fill",
    fill_visible = input { default = true, type = input.plot_visibility },
    fill_color = input { default = rgba(33,177,144,0.08), type = input.color },
    }
    local averageFunction = averages [fn]
    middle = averageFunction (hlc3, period)
    offset = rma(tr, period) * shift
    upper = middle + offset
    lower = middle - offset
    if fill_visible then
    fill { first = upper, second = lower, color = fill_color }
    end
    if upper_line_visible then
    plot (upper, "Upper", upper_line_color, upper_line_width)
    end
    if lower_line_visible then
    plot (lower, "Lower", lower_line_color, lower_line_width)
    end
    if middle_line_visible then
    plot (middle, "Middle", middle_line_color, middle_line_width)
    end

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