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Fibonacci Bollinger Bands
Fibonacci Bollinger Bands (FBB)
A VWMA-based, Fibonacci-scaled volatility overlay
Overview
Fibonacci Bollinger Bands blends a Volume-Weighted Moving Average (VWMA) with standard-deviation bands placed at key Fibonacci ratios. Instead of the traditional ±1 σ, ±2 σ, this indicator plots upper and lower envelopes at 0.236, 0.382, 0.5, 0.618, 0.764 and ±1.000 × σ—giving you a clearer view of dynamic support, resistance, and mean-reversion zones within a single, elegant overlay.
Key Features
VWMA Basis: Smooths price by weighting volume, keeping your bands responsive to big trades.
Fibonacci-Scaled Bands: 7 upper/lower envelopes at 0.236, 0.382, 0.5, 0.618, 0.764, 1.000 σ.
Customizable Inputs:
Length: lookback for VWMA & σ (default 200)
Source: hlc3, close, etc.
StdDev Multiplier: overall volatility scaling (default 3.0)
Clean Styling:
Colored basis line (magenta)
Highlighted outer bands (red/green)
Lighter inner bands (white)
Non-Repainting: All levels calculate on bar close.
Left-Axis Scaling: Bands live on their own axis so your candles stay full-height.
How to Use
Trend Identification
Price hugging the inner 0.236–0.382 bands ⇒ strong trend.
Bounces off 0.618–0.764 ⇒ pullback within trend.
Mean Reversion
Moves to the outer ±1.0 band often reverse toward the VWMA basis.
Breakouts & Breakdowns
Sustained closes beyond the ±1.0 band signal momentum exhaustion or acceleration.
Combine with Other Tools
Overlay with price action, volume, or your favorite oscillators for confluence.
Inputs & Customization
Length: VWMA & StdDev lookback
Source: Price field for basis calculation
StdDev Multiplier: Width of bands (e.g. 2.0, 3.0)
Toggle Inner Bands: Show/hide mids (0.236–0.764)
Thank you for using FBB!
A VWMA-based, Fibonacci-scaled volatility overlay
Overview
Fibonacci Bollinger Bands blends a Volume-Weighted Moving Average (VWMA) with standard-deviation bands placed at key Fibonacci ratios. Instead of the traditional ±1 σ, ±2 σ, this indicator plots upper and lower envelopes at 0.236, 0.382, 0.5, 0.618, 0.764 and ±1.000 × σ—giving you a clearer view of dynamic support, resistance, and mean-reversion zones within a single, elegant overlay.
Key Features
VWMA Basis: Smooths price by weighting volume, keeping your bands responsive to big trades.
Fibonacci-Scaled Bands: 7 upper/lower envelopes at 0.236, 0.382, 0.5, 0.618, 0.764, 1.000 σ.
Customizable Inputs:
Length: lookback for VWMA & σ (default 200)
Source: hlc3, close, etc.
StdDev Multiplier: overall volatility scaling (default 3.0)
Clean Styling:
Colored basis line (magenta)
Highlighted outer bands (red/green)
Lighter inner bands (white)
Non-Repainting: All levels calculate on bar close.
Left-Axis Scaling: Bands live on their own axis so your candles stay full-height.
How to Use
Trend Identification
Price hugging the inner 0.236–0.382 bands ⇒ strong trend.
Bounces off 0.618–0.764 ⇒ pullback within trend.
Mean Reversion
Moves to the outer ±1.0 band often reverse toward the VWMA basis.
Breakouts & Breakdowns
Sustained closes beyond the ±1.0 band signal momentum exhaustion or acceleration.
Combine with Other Tools
Overlay with price action, volume, or your favorite oscillators for confluence.
Inputs & Customization
Length: VWMA & StdDev lookback
Source: Price field for basis calculation
StdDev Multiplier: Width of bands (e.g. 2.0, 3.0)
Toggle Inner Bands: Show/hide mids (0.236–0.764)
Thank you for using FBB!
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.