JayRogers

Multi BB Heat Vis - SMA/EMA/Breakout - r2

I don't expect to iterate any further on this script, unless any weird issue crops up.

Description and usage detailed in the comments at the top of the script. Cheers!

To repaint or not to repaint, all the relevant sources are exposed as inputs for customisation - so the choice is yours.

Cheers!
Open-source Skript

Ganz im Spirit von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es besser verstehen und überprüfen können. Herzlichen Glückwunsch an den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Veröffentlichung unterliegt den Hausregeln. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.

Möchten Sie dieses Skript auf einem Chart verwenden?
// @version=2

// Title:    "Multi BB Heat Vis - SMA/EMA/Breakout - r2".
// Revision: 2 (most likely final unless I find some serious issues)
// Author:   JayRogers
//
// Description / Usage:
//
//  - Three stacked SMA based Bollinger Bands designed just to give you a quick visual on the pressure/heat of movement.
//  - Set inner band as you would expect, then set your preferred multiplier increment for the additional outer 2 bands.
//  - Option to use EMA as alternative basis, rather than SMA.
//  - Breakout indication shapes, which have their own multiplier seperate from the BB's; but still tied to same length/period.
//  - Both high and low breakouts each have seperate selectable source options.
//
// r2 changes:
//
//  - cleaned and tightened up code a bit.
//  - revised title tags for customisation, to make things a little clearer.
//  - dropped [JR] tag, didn't realise someone else was using that.. less potential confusion between authors. Sorry other [JR]!

study(shorttitle="MBBHV_SEB", title="Multi BB Heat Vis - SMA/EMA/Breakout - r2", overlay=true)

// Inputs
bb_useEma   = input(false, title="Use EMA Basis?")
bb_length   = input(20, minval=1, title="Bollinger Length")
bb_source   = input(open, title="Bollinger Source")
bb_mult     = input(2.0, title="Base Multiplier", minval=0.1, maxval=25)
bb_multInc  = input(0.5, title="Multiplier Increment", minval=0.1, maxval=25)
bo_mult     = input(3.5, title="Breakout Multiplier", minval=0.5, maxval=25)
bo_hSource  = input(high, title="High Break Source")
bo_lSource  = input(low, title="Low Break Source")

bb_basis = bb_useEma ? ema(bb_source, bb_length) : sma(bb_source, bb_length)

// Deviation
bb_stdDev = stdev(bb_source, bb_length)
bb_devBase = bb_mult * bb_stdDev
bb_devInc1 = (bb_mult + bb_multInc) * bb_stdDev
bb_devInc2 = (bb_mult + (bb_multInc * 2)) * bb_stdDev
bo_dev = bo_mult * bb_stdDev

// plot basis
plot(bb_basis, title="Basis Line", color=silver, transp=50)

// plot and fill upper bands
bbu_A = plot((bb_basis + bb_devBase), title="Upper Band - A", color=red, transp=90)
bbu_B = plot((bb_basis + bb_devInc1), title="Upper Band - B", color=red, transp=85)
bbu_C = plot((bb_basis + bb_devInc2), title="Upper Band - C", color=red, transp=80)
fill(bbu_A, bbu_B, title="Upper Fill [ A - B ]", color=red, transp=90)
fill(bbu_B, bbu_C, title="Upper Fill [ B - C ]", color=red, transp=80)

// plot and fill lower bands
bbl_A = plot((bb_basis - bb_devBase), title="Lower Band - A", color=green, transp=90)
bbl_B = plot((bb_basis - bb_devInc1), title="Lower Band - B", color=green, transp=85)
bbl_C = plot((bb_basis - bb_devInc2), title="Lower Band - C", color=green, transp=80)
fill(bbl_A, bbl_B, title="Lower Fill [ A - B ]", color=green, transp=90)
fill(bbl_B, bbl_C, title="Lower Fill [ B - C ]", color=green, transp=80)

// center channel fill
fill(bbu_A, bbl_A, title="Center Channel Fill", color=silver, transp=100)

// plot breakouts
plotshape(bo_hSource >= (bb_basis + bo_dev), title="High Break", style=shape.triangledown, location=location.abovebar, size=size.tiny, color=red, transp=0)
plotshape(bo_lSource <= (bb_basis - bo_dev), title="Low Break", style=shape.triangleup, location=location.belowbar, size=size.tiny, color=green, transp=0)