Log-space Bollinger Bands

BITSTAMP:BTCUSD1W

Bitcoin / U.S. dollarBitstamp

Description

⋅ Sep 1, 2017 9:20 PM

Calculates Bollinger Bands in log space, which is useful for high-volatility charts and for looking at long-term growth

Release Notes

⋅ Sep 16, 2017 4:47 PM

Give names to chart objects

Release Notes

⋅ Sep 16, 2017 4:48 PM

update chart

Bollinger Bands (BB)logscale LOG

Comments

champshitonly

⋅ May 8, 2021 1:10 AM

Man, thank you. YOU ROCK

utekakca

⋅ May 3, 2021 11:32 PM

Truly great work thanks.

Apeioum

⋅ Oct 20, 2018 4:29 PM

Hey Man
Thanks for the script, It's really useful. good job buddy

fskrypt

⋅ Dec 18, 2017 6:05 PM

For comparison, here is the same chart with the built-in Bollinger Bands indicator:

PX_

⋅ Aug 2, 2019 8:18 PM

@fskrypt, This has been annoying me for so long. Thank you for writing this.

cNoveron

⋅ Nov 25, 2022 6:04 PM

Thank you so much! TA world has needed this for so long!

MONEYMENOW

⋅ Oct 15, 2017 11:42 AM

Does the price chart have to be in Log format too?.. Awesome work and above all u r not some of the wankers who code and then block the script from using.. Nice work.. keep it up.. Can u make a log Ultimate Oscillator.. Please

fskrypt

⋅ Oct 16, 2017 6:18 AM

@MONEYMENOW, No, it doesn't have to be. I claim that this log-scale indicators like this are always superior to regular ones, no matter the chart scale.

fskrypt

⋅ Oct 16, 2017 7:02 AM

@MONEYMENOW, Just published a log-space version of Ultimate Oscillator. Unlike with some other scripts, with this one there is practically no difference whether you calculate the oscillator in log-space or not. Link: tradingview.com/script/xP6mIs3M-Log-space-Ultimate-Oscillator/