OPEN-SOURCE SCRIPT
MTF Bollinger Swing Table (TF bg light grey)
Indicator colour Meaning :
State rules & color mapping (priority order applies):
* If upper is challenged → Light Red.
* Else if upper not challenged AND upper curved down → Dark Red.
* If lower is challenged → Light Green.
* Else if lower not challenged AND lower curved up → Dark Green.
* Otherwise → Neutral (gray).
State rules & color mapping (priority order applies):
* If upper is challenged → Light Red.
* Else if upper not challenged AND upper curved down → Dark Red.
* If lower is challenged → Light Green.
* Else if lower not challenged AND lower curved up → Dark Green.
* Otherwise → Neutral (gray).
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.
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.
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.