OPEN-SOURCE SCRIPT
[DIP] Double Bollinger Band
Classic Bollinger Bands based off of the SMA. Allowing choice between the 2nd and 3rd standard deviation or showing both. By default it is colored such that the 2nd deviation jumps out more while the 3rd deviation lurks in the background for the sake of clarity. For those who are not just satisfied with 2 OR 3 standard deviations, you can now have both.
All deviations have default cross-over and cross-under alerts for easy access, no more messing with which line is which although that is certainly still possible.
Includes a default for "Any alert() function call" condition, if you enable this alert it will trigger for any of the alert conditions when met, this allows you to use one alert instead of 6. The alert will include a message identifying which alert it is, especially useful for watchlist wide alerts.
All deviations have default cross-over and cross-under alerts for easy access, no more messing with which line is which although that is certainly still possible.
Includes a default for "Any alert() function call" condition, if you enable this alert it will trigger for any of the alert conditions when met, this allows you to use one alert instead of 6. The alert will include a message identifying which alert it is, especially useful for watchlist wide alerts.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Mr. Dip
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Mr. Dip
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.