CapnOscar

Capns Bollinger Bands MTF

This Simple Script display higher time frame Bollinger Band on current resolution . Etc : On 1 Minutes chart BB Band is 5 Minutes Band. I use this code on my pc for scalping...Hope You like the idea
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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Want to use this script on a chart?
study(shorttitle="Capns BB MTF", title="Capns Bollinger Bands MTF ", overlay=true)
BBMAMultiply = period == "1" ? 5 : period == "3" ? 5 : period == "5" ? 3 : period == "15" ? 2 : period == "30" ? 2 : period == "60" ? 4 : period == "240" ? 4 : 1

length = input(20, minval=1)
BBLength = BBMAMultiply * length
src = input(close, title="Source")
mult = input(2.0, minval=0.001, maxval=50)
basis = sma(src, BBLength)
dev = mult * stdev(src, BBLength)
upper = basis + dev
lower = basis - dev
plot(basis, color=gray, linewidth=2)
p1 = plot(upper, color=blue )
p2 = plot(lower, color=blue)
fill(p1, p2, color=green, transp=95)
out = sma(src, length)
plot(out, color=blue, title="MA")