[JR] Multi Bollinger Heat Bands - EMA/Breakout options

18 Ara 2015

A little, yet hopefully useful update over my previous "Multi Bollinger Heat Bands". For those who like quick visual cue's.

In short: It's your Basic Bollinger Bands, but 3 of them, and some pointy things.

In full:

• Three stacked SMA based Bollinger Bands designed just to give you a quick visual on the "heat" of movement.
  
• Set inner band as you would expect, then set your preferred additional multiplier increments for the outer 2 bands.
  
• Option to use EMA as alternative basis, rather than SMA.
  
• Breakout indication shapes, which have their own multiplier (but still tied to same length/period as the BB's) so you can make them pop on their own separate "band".
  

30 Ara 2015

Not

New iteration of this script here: