Multi Basis Bollinger Bands Pro

Multi Basis Bollinger Bands Pro is a volatility and trend-focused indicator using multiple Bollinger Bands with customizable moving average types (SMA, EMA, WMA) and sources.

Trend bias is determined by the SMA 20 on higher timeframes (H1, H4, Daily).

High-source bands (BB1 & BB2) are used for BUY signals when price touches their lower gap.

Low-source bands (BB3 & BB4) are used for SELL signals when price touches their upper gap.

Both upper and lower band gaps are highlighted with configurable green/red fills for clear visual zones.

Includes a standard Bollinger Band reference for context.

This strategy helps traders align entries with higher timeframe trends, filter trades, and visually spot volatility extremes and breakout zones.