OPEN-SOURCE SCRIPT

Cosmic BB SR

Updated
This script is based on Bollinger Bands/Bandwidth data and displays support and resistance levels (thick horizontal lines), the direction/volatility of the levels (thin dynamic lines), and the testing of the levels (cross markers).
Release Notes
  • upgraded to Pine Script v5
  • added alerts (for new levels and tests)
  • updated settings menu
  • added Extensions setting to extend latest SR lines
  • updated colors
Release Notes
This indicator is now easier to view when using in conjunction with other Cosmic indicators.

  • added fill setting
  • updated colors
  • updated test marker shapes
Release Notes
  • fixed breaking bug
  • added BB Mult setting
Bollinger Bands (BB)Support and Resistancetesting

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


📣 Ask on Reddit: shorturl.at/BILRZ
👀 Watch on TikTok: shorturl.at/gzAPW

🚩 Disclaimer: the information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors
Also on:

Disclaimer