BollingerBands MTF BB

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Author

Posts

04/12/2022 at 8:11 AM #191622 quote

Suffi

Participant

Junior

Hello all,
has anyone already programmed a MTF BB and would share it?

Greetings
Suffi

04/12/2022 at 8:28 AM #191624 quote

robertogozzi

Moderator

Legend

There you go for two different TFs (4h & 1h):

Timeframe(4h,UpdateOnClose)
BB4     = 20                                    //20   periods
BBdev4  = 2.0                                   //2.0  standard deviation
BBavg4  = average[BB4,0](close)                 //BB mean (middle line)
UPboll4 = BBavg4 + ((std[BB4](close)) * BBdev4) //BB Upper Band
LOboll4 = BBavg4 - ((std[BB4](close)) * BBdev4) //BB Lower Band
//
Timeframe(1h,UpdateOnClose)
BB1     = 20                                    //20   periods
BBdev1  = 2.0                                   //2.0  standard deviation
BBavg1  = average[BB1,0](close)                 //BB mean (middle line)
UPboll1 = BBavg1 + ((std[BB1](close)) * BBdev1) //BB Upper Band
LOboll1 = BBavg1 - ((std[BB1](close)) * BBdev1) //BB Lower Band

04/12/2022 at 9:27 AM #191629 quote

Suffi

Participant

Junior

perfect, thank you