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//@version=5 // // @RD // 2018-10-5 indicator(title='Double Bollinger Bands BY RD', shorttitle='DBB By RD', overlay=true) //------------------------------ Inputs ------------------------------ length = input(20, title='length') src = input(close, title='source') std_dev_1 = input(1, title='BB1 stdDev') std_dev_2 = input(2, title='BB2 stdDev') offset = input(0, title='offset') //ema lenta len = input.int(260, minval=1, title="Length Ema Lenta") offsetema = input.int(title="Offset Ema Lenta", defval=0, minval=-500, maxval=500) out = ta.ema(src, len) plot(out, title="EMA LENTA", color=color.black, offset=offsetema) ma(source, length, type) => switch type "SMA" => ta.sma(source, length) "EMA" => ta.ema(source, length) "SMMA (RMA)" => ta.rma(source, length) "WMA" => ta.wma(source, length) "VWMA" => ta.vwma(source, length) typeMA = input.string(title = "Method", defval = "SMA", options=["SMA", "EMA", "SMMA (RMA)", "WMA", "VWMA"], group="Smoothing") smoothingLength = input.int(title = "Length", defval = 5, minval = 1, maxval = 100, group="Smoothing") smoothingLine = ma(out, smoothingLength, typeMA) plot(smoothingLine, title="Smoothing Line", color=#f37f20, offset=offset, display=display.none) //------------------------------ Colors ------------------------------ color_gray = #eeeeee color_green = #3fbe53 color_red = #ff4e3e //------------------------------- Logic ------------------------------ median = ta.sma(src, length) standard_deviation = ta.stdev(src, length) standard_deviation_1 = standard_deviation * std_dev_1 upper_1 = median + standard_deviation_1 lower_1 = median - standard_deviation_1 standard_deviation_2 = standard_deviation * std_dev_2 upper_2 = median + standard_deviation_2 lower_2 = median - standard_deviation_2 //------------------------- Plotting & styling ------------------------ transp_bb_1 = 98 transp_bb_2 = 94 basis = plot(median, color=color.new(color_gray, 0), title='basis', offset=offset) upper_band_1 = plot(upper_1, color=color_red, title='BB1 upper', offset=offset, transp=transp_bb_1) lower_band_1 = plot(lower_1, color=color_green, title='BB1 lower', offset=offset, transp=transp_bb_1) fill(basis, upper_band_1, color=color_red, title='background BB1 upper', transp=transp_bb_1) fill(basis, lower_band_1, color=color_green, title='background BB1 lower', transp=transp_bb_1) upper_band_2 = plot(upper_2, color=color_red, title='BB2 upper', offset=offset, transp=transp_bb_2) lower_band_2 = plot(lower_2, color=color_green, title='BB2 lower', offset=offset, transp=transp_bb_2) fill(upper_band_1, upper_band_2, color=color_red, title='background BB2 upper', transp=transp_bb_2) fill(lower_band_1, lower_band_2, color=color_green, title='background BB2 lower', transp=transp_bb_2) if close > upper_1 and close[1] < upper_1[1] alert('Upper1') if close > upper_2 and close[1] < upper_2[1] alert('Upper2') if close < lower_1 and close[1] > lower_1[1] alert('Lower1') if close < lower_2 and close[1] > lower_2[1] alert('Lower2')
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