Capns Bollinger Bands MTF
This Simple Script display higher time frame Bollinger Band on current resolution . Etc : On 1 Minutes chart BB Band is 5 Minutes Band. I use this code on my pc for scalping...Hope You like the idea
study(shorttitle="Capns BB MTF", title="Capns Bollinger Bands MTF ", overlay=true) BBMAMultiply = period == "1" ? 5 : period == "3" ? 5 : period == "5" ? 3 : period == "15" ? 2 : period == "30" ? 2 : period == "60" ? 4 : period == "240" ? 4 : 1 length = input(20, minval=1) BBLength = BBMAMultiply * length src = input(close, title="Source") mult = input(2.0, minval=0.001, maxval=50) basis = sma(src, BBLength) dev = mult * stdev(src, BBLength) upper = basis + dev lower = basis - dev plot(basis, color=gray, linewidth=2) p1 = plot(upper, color=blue ) p2 = plot(lower, color=blue) fill(p1, p2, color=green, transp=95) out = sma(src, length) plot(out, color=blue, title="MA")