Durbtrade Bollinger Bands Width

10 Apr 2021

First published script. Actually, this is my 1st script ever! I know its not flashy or anything, but I finally decided to try learning some pine... and to try and get rid of the dang 0 on my profile, haha. So here are the results after many hours.

I like using the BB Width indicator, and I wanted it to change color based on whether is was rising or falling. I also have it to automatically plot a horizontal line at 0 so I don't have to draw a line every time I apply the indicator to a new chart. And I changed the default precision to 3.

I noticed that there aren't that many BB Width scripts. and I don't think there is anything like this out there that I know of, so I hope someone else besides me will find it useful.

Please feel free to comment.

11 Apr 2021

Nota Keluaran

Update... plots an optional EMA of the BBW behind the BBW. Additional changes were made to the default color and line thickness. And finally I changed the script name to be found more easily during indicator searches.

11 Apr 2021

Nota Keluaran

More name changes.

12 Apr 2021

Nota Keluaran

Modified the zero line - now it doesn't extend to the edge of the window, keeping the indicator a bit cleaner. Also added extra options to customize the lines appearance.

29 Apr 2021

Nota Keluaran

Now has the option to show customizable, color-coded, cross-over and cross-under background fills... signaling when the BBW crosses the EMA.

16 Mei 2021

Nota Keluaran

A color fill option is now included if you would like to fill the spaces between the BBW and BBW EMA lines with 2 customizable colors and opacities depending on if the BBW is above or below the BBW EMA, for increased information/clarity.