Simple and effective script for BB-addicted! Fully customizable. Clean chart, realtime data. Add "BBW Multiplier " to adjust width & %D through different mkts volatility. Default value suites actual S&P. Enjoy!
Width isnt being shown properly on faster intervals (such as 1 minute or 2 minute) . this indicator would be amazing if the width feature could auto calibrate to the interval that it is on.
GordonandZara
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Hi @Federico_TSL Thanks for this. It almost does what I'm looking for :) I'm looking for an indicator that quickly identifies the more volatile cryptocoins over time i.e. not a once off gain or loss of 30% but the average of the losses and gains over an extended period (90 days?). BBW% tracks the changes in the width in percentages so it's possible to compare any coins. It's possible to visually guesstimate an average width but I was wondering if you know of an indicator that actually does this? Your indicator is a great help so I'll use that for the time being. Cheers Gordon
Deadca7
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this is actually genius. This is so useful for entries and exits
Federico_TSL
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@Deadca7, Thank you for support. But In my concept the script is not intended to be a signal-generator. Real purpose was simply to keep your chart clean, especially when more envelopes or busy indicators are involved.
ejaea
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@Federico_TSL, thanks for making my chart clean, this is especially helpful. Thank you!