Log Bollinger Bands %BB Oscillator [Krypt] — Indicator by fskrypt

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bollingerbands bollingerbandspercentbandwidth logscale log

This indicator is almost identical to "Bollinger Bands %BB" except its calculations are performed in logspace and it adds an optional EMA line (after LazyBear's idea).

Release Notes: different formula for EMA (separate EMAs for numerator and denominator) -- tends to result in earlier sell signals

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Thanks for the very useful indicator.
I used this indicator but there is no red line. I also edited the style of MA but didn't appear either.

ramyar_h

@ramyar_h, push on the check mark SHOW