Backgroundcolor Bollinger

eisi · 2018-11-05T20:03:51+00:00

Hello! Maybe somebody can help me. I’d like to have an indicator which sets the backgroundcolor to green when there is a close above the upper bollinger band and stays green until there is a close below the lower bollinger band. And when there is a close under the lower BB the backgroundcolor turns red until there is a close above the upper BB and so on. Thanks In advance

Viewing 4 posts - 1 through 4 (of 4 total)

Author

Posts
11/05/2018 at 9:03 PM #84207 quote

eisi
Participant

Average

Hello!

Maybe somebody can help me. I’d like to have an indicator which sets the backgroundcolor to green when there is a close above the upper bollinger band and stays green until there is a close below the lower bollinger band. And when there is a close under the lower BB the backgroundcolor turns red until there is a close above the upper BB and so on.

Thanks In advance

11/06/2018 at 1:07 AM #84220 quote
robertogozzi
Moderator

Legend
There you go:
```
ONCE Red        = 0
ONCE Green      = 0
ONCE Blue       = 0
ONCE Fade       = 0
ONCE BBVal      = 20                                   //20   BB periods
ONCE BBdev      = 2.0                                  //2.0  BB Deviation
BBavg           = Average[BBval,0](close)              //BB mean (middle line)   0=sma
BollUP          = BBavg + ((std[BBval](close)) * BBdev)//Bollinger Upper Band
BollDN          = BBavg - ((std[BBval](close)) * BBdev)//Bollinger Lower Band
IF close >= BollUP THEN
   Red   = 0
   Green = 255
   Blue  = 0
   Fade  = 32
ELSIF close <= BollDN THEN
   Red   = 255
   Green = 0
   Blue  = 0
   Fade  = 32
ENDIF
BackgroundColor(Red,Green,Blue,Fade)
RETURN
```
Nicolas thanked this post

x.jpg
11/06/2018 at 9:07 AM #84229 quote

eisi
Participant

Average

Thank you so much Roberto!

11/06/2018 at 2:07 PM #84237 quote

swapping
Participant

Master

Simple but efficient, thank Roberto 🙂
Author

Posts