Durbtrade Bollinger Bands Width

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.

Versionshinweise

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.

Versionshinweise

More name changes.

Versionshinweise

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.

Versionshinweise

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

Versionshinweise

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.

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.

Durbtrade

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Open-source Skript

Durbtrade