OPEN-SOURCE SCRIPT
Guardian Bands

Guardian Bands is a volatility-adjusted trend-following trail that creates dynamic support and resistance zones around a custom moving average backbone (the Trend Flow Line – TFL).
It is designed to act as both:
a trend filter (color-coded bullish/bearish zones), and
a trailing stop tool (bands/zones adapt with volatility).
🔹 How It Works
Trend Flow Line (TFL):
The central backbone of the indicator, built from adaptive smoothing methods (HMA / EMA / KAMA / SuperSmoother). It shows the underlying trend direction.
Adaptive Bands:
Two sets of bands (inner & outer) are placed around the TFL using ATR multipliers.
In uptrend → blue zone below price (dynamic support).
In downtrend → red zone above price (dynamic resistance).
Trend Detection:
Trend is confirmed only when:
TFL slope is strong enough relative to ATR, and
Price is aligned above (bullish) or below (bearish) TFL.
(Optional) Higher Timeframe TFL confirmation.
Signals:
Buy markers appear when price bounces into the bullish zone.
Sell markers appear when price rejects from the bearish zone.
🔹 How to Use
Identify Trend:
Blue zones = market bias bullish.
Red zones = market bias bearish.
Gray TFL = neutral / indecisive.
Dynamic Support & Resistance:
In uptrend, the lower zone acts like a trailing support – stops can be placed under it.
In downtrend, the upper zone acts like a trailing resistance – stops can be placed above it.
Entries:
Longs when price bounces off blue zone.
Shorts when price rejects red zone.
Exits / Stop Management:
Trail stops along the inner band.
Use the outer band as a “last defense” safety net.
🔹 Best Practices
Works on all timeframes; higher timeframes = stronger signals.
Use in combination with price action, volume, or momentum tools (RSI/MACD).
For cleaner signals, enable Higher Timeframe Confirmation in settings.
✅ Summary:
Guardian Bands highlights the path of least resistance in any trend, giving traders a visual, volatility-aware framework for entries, exits, and trailing stops.
It is designed to act as both:
a trend filter (color-coded bullish/bearish zones), and
a trailing stop tool (bands/zones adapt with volatility).
🔹 How It Works
Trend Flow Line (TFL):
The central backbone of the indicator, built from adaptive smoothing methods (HMA / EMA / KAMA / SuperSmoother). It shows the underlying trend direction.
Adaptive Bands:
Two sets of bands (inner & outer) are placed around the TFL using ATR multipliers.
In uptrend → blue zone below price (dynamic support).
In downtrend → red zone above price (dynamic resistance).
Trend Detection:
Trend is confirmed only when:
TFL slope is strong enough relative to ATR, and
Price is aligned above (bullish) or below (bearish) TFL.
(Optional) Higher Timeframe TFL confirmation.
Signals:
Buy markers appear when price bounces into the bullish zone.
Sell markers appear when price rejects from the bearish zone.
🔹 How to Use
Identify Trend:
Blue zones = market bias bullish.
Red zones = market bias bearish.
Gray TFL = neutral / indecisive.
Dynamic Support & Resistance:
In uptrend, the lower zone acts like a trailing support – stops can be placed under it.
In downtrend, the upper zone acts like a trailing resistance – stops can be placed above it.
Entries:
Longs when price bounces off blue zone.
Shorts when price rejects red zone.
Exits / Stop Management:
Trail stops along the inner band.
Use the outer band as a “last defense” safety net.
🔹 Best Practices
Works on all timeframes; higher timeframes = stronger signals.
Use in combination with price action, volume, or momentum tools (RSI/MACD).
For cleaner signals, enable Higher Timeframe Confirmation in settings.
✅ Summary:
Guardian Bands highlights the path of least resistance in any trend, giving traders a visual, volatility-aware framework for entries, exits, and trailing stops.
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.
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.
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.
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.