OPEN-SOURCE SCRIPT

Smart Deviation Trend Bands PRO + MTF Filter

93
syot kilat
Smart Deviation Trend Bands PRO + MTF Filter
This advanced version of Smart Deviation Bands gives you everything you need to catch cleaner trend bounces and avoid fake signals.

🔹 Classic deviation bands with 1, 2 and 3 standard deviations
🔹 Dynamic SMA line with clear trend coloring
🔹 Built-in multi-timeframe trend filter (MTF)
🔹 Signals only appear when they align with the higher timeframe trend
🔹 Ready-to-use alerts for bullish and bearish bounces

How it works
When price bounces off a deviation band AND the higher timeframe trend confirms, you get a clean signal.

Use multiple deviation levels to spot deeper or shallower pullbacks.

The higher timeframe filter reduces noise and keeps you trading with the bigger trend.

Signal markers

🟢 Green circle: Bullish bounce — price crossing up from lower band with HTF uptrend.

🔴 Red circle: Bearish bounce — price crossing down from upper band with HTF downtrend.

Works best with:
Any market: crypto, stocks, forex

Any timeframe — filter works from M5 to 1D+

Adjustable filter timeframe: use H4, 1D, 1W — up to your strategy

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💡 Need a custom version?
I create private Pine Script indicators and trading tools on request — scalping, trend, breakout, or custom strategies for any market.
Contact me if you want a unique script built for your exact trading style!

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Penafian

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