Bollinger Bands x3 with Fill + HMA + Dynamic Width Colors

13 thg 5

📄 Description for TradingView Publication:
This is an enhanced and flexible version of the classic Bollinger Bands indicator, designed for traders who want deeper insight into market volatility and price structure.

🔹 Key Features:

✅ Triple Bollinger Bands

• Displays 3 standard deviation bands: ±1σ, ±2σ, and ±3σ
  
• Customize each deviation level independently
  

✅ Dynamic Band Width Coloring

• Band lines change color when the distance between upper and lower bands narrows
  
• Helps identify volatility contractions and potential squeeze setups
  

✅ Dynamic Fill Coloring

• Fill between bands also changes color when the bands narrow
  
• Visually highlights transitions from high to low volatility conditions
  

✅ Multiple Moving Average Options

Choose from:

• Simple Moving Average (SMA)
  
• Exponential Moving Average (EMA)
  
• Smoothed Moving Average (SMMA / RMA)
  
• Weighted Moving Average (WMA)
  
• Volume-Weighted Moving Average (VWMA)
  
• Hull Moving Average (HMA) for a smoother, more responsive central tendency
  

✅ Customization Options

• Show/hide each band individually
  
• Adjust standard deviation multipliers
  
• Toggle fills between bands
  
• Customize fill colors for normal and narrowing conditions
  
• Offset option to shift all plots forward or backward
  

💡 Use Case Tips:

• When all bands begin narrowing, it could signal an upcoming volatility expansion or breakout.
  
• Use the ±3σ bands to gauge extreme price behavior, and ±1σ for short-term mean reversion.
  
• Combine with price action, momentum, or volume for breakout confirmation.
  

🧰 Recommended For:

• Volatility traders
  
• Mean reversion strategies
  
• Breakout traders
  
• Trend confirmation and structure analysis
  

13 thg 5

Phát hành các Ghi chú

📄 Description for TradingView Publication:
This is an enhanced and flexible version of the classic Bollinger Bands indicator, designed for traders who want deeper insight into market volatility and price structure.

🔹 Key Features:

✅ Triple Bollinger Bands

• Displays 3 standard deviation bands: ±1σ, ±2σ, and ±3σ
  
• Customize each deviation level independently
  

✅ Dynamic Band Width Coloring

• Band lines change color when the distance between upper and lower bands narrows
  
• Helps identify volatility contractions and potential squeeze setups
  

✅ Dynamic Fill Coloring

• Fill between bands also changes color when the bands narrow
  
• Visually highlights transitions from high to low volatility conditions
  

✅ Multiple Moving Average Options
Choose from:

• Simple Moving Average (SMA)
  
• Exponential Moving Average (EMA)
  
• Smoothed Moving Average (SMMA / RMA)
  
• Weighted Moving Average (WMA)
  
• Volume-Weighted Moving Average (VWMA)
  
• Hull Moving Average (HMA) for a smoother, more responsive central tendency
  

✅ Customization Options

• Show/hide each band individually
  
• Adjust standard deviation multipliers
  
• Toggle fills between bands
  
• Customize fill colors for normal and narrowing conditions
  
• Offset option to shift all plots forward or backward
  

💡 Use Case Tips:

• When all bands begin narrowing, it could signal an upcoming volatility expansion or breakout.
  
• Use the ±3σ bands to gauge extreme price behavior, and ±1σ for short-term mean reversion.
  
• Combine with price action, momentum, or volume for breakout confirmation.
  

🧰 Recommended For:

• Volatility traders
  
• Mean reversion strategies
  
• Breakout traders
  
• Trend confirmation and structure analysis