bollingerBands

Library "bollingerBands"
Bollinger bands related functions

get_multiple_bollinger_bands(stdv1, stdv2, stdv3, stdv4, stdv5, stdv6, stdv7, length, source)
Parameters:
stdv1 (int)
stdv2 (int)
stdv3 (int)
stdv4 (int)
stdv5 (int)
stdv6 (int)
stdv7 (int)
length (simple int)
source (float)

get_bb_volatility(bb_highest, bb_lowest, ma_length, lookback)
Parameters:
bb_highest (float)
bb_lowest (float)
ma_length (simple int)
lookback (int)

Release Notes

v2

Updated:
get_multiple_bollinger_bands(stdv1, stdv2, stdv3, stdv4, stdv5, stdv6, stdv7, length, source)
Parameters:
stdv1 (float)
stdv2 (float)
stdv3 (float)
stdv4 (float)
stdv5 (float)
stdv6 (float)
stdv7 (float)
length (simple int)
source (float)

Release Notes

v3

Added:
get_bbVolatility_data(source, length, stdv1, stdv2, stdv3, stdv4, stdv5, stdv6, stdv7, bbVol_lookback, trend_direction)
: Generates Bollinger Bands Volatility
Parameters:
source (float): (float): Source for Bollinger Bands
length (simple int): (int): Length for Bollinger Bands
stdv1 (int): (int): Standard Deviation 1
stdv2 (int): (int): Standard Deviation 2
stdv3 (int): (int): Standard Deviation 3
stdv4 (int): (int): Standard Deviation 4
stdv5 (int): (int): Standard Deviation 5
stdv6 (int): (int): Standard Deviation 6
stdv7 (int): (int): Standard Deviation 7
bbVol_lookback (int): (int): Lookback period for the bb volatility
trend_direction (string): (string): Current direction of the trend
Returns: : Returns a map with the levels, plus direction flag and the data table

Updated:
get_multiple_bollinger_bands(stdv1, stdv2, stdv3, stdv4, stdv5, stdv6, stdv7, length, source)
: Calculates 7 sets of bollinger bands, with 7 different standard deviations
Parameters:
stdv1 (float): (simple int): standard deviation 1
stdv2 (float): (simple int): standard deviation 2
stdv3 (float): (simple int): standard deviation 3
stdv4 (float): (simple int): standard deviation 4
stdv5 (float): (simple int): standard deviation 5
stdv6 (float): (simple int): standard deviation 6
stdv7 (float): (simple int): standard deviation 7
length (simple int): (simple int): Length for the bands
source (float): (simple float): source for the calculation
Returns: : Returns 8 levels plus the range of all the levels.

get_bb_volatility(bb_highest, bb_lowest, ma_length, lookback)
: Provides a volatility indicator based on Bollinger Bands, and indicates wheather the volatility is increasing or decreasing.
Parameters:
bb_highest (float): (simple float): Top Bollinger Band on which to calculate the range.
bb_lowest (float): (simple float): Bottom Bollinger Band on which to calculate the range.
ma_length (simple int): (simple int): Length to use in the smoothing of Bollinger Bands range.
lookback (int): (simple int): Lookback period to identify a change in the Bollinger Bands range.
Returns: : Returns 8 levels plus the range of all the levels.

Release Notes

v4

Updated:
get_bbVolatility_data(source, length, stdv1, stdv2, stdv3, stdv4, stdv5, stdv6, stdv7, trend_direction)
: Generates Bollinger Bands Volatility
Parameters:
source (float): (float): Source for Bollinger Bands
length (simple int): (int): Length for Bollinger Bands
stdv1 (int): (int): Standard Deviation 1
stdv2 (int): (int): Standard Deviation 2
stdv3 (int): (int): Standard Deviation 3
stdv4 (int): (int): Standard Deviation 4
stdv5 (int): (int): Standard Deviation 5
stdv6 (int): (int): Standard Deviation 6
stdv7 (int): (int): Standard Deviation 7
trend_direction (string): (string): Current direction of the trend
Returns: : Returns a map with the levels, plus direction flag and the data table

Release Notes

Pine library

In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.

algoTraderGTP

Trade Smarter, Not Harder!
algotraderpro.io/tradecreator9/

Also on:

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.

Pine library

algoTraderGTP

Trade Smarter, Not Harder!
algotraderpro.io/tradecreator9/

Also on: