Backgroundcolor Bollinger

• 11/05/2018 at 9:03 PM #84207
  eisi

  Hello!

  Maybe somebody can help me. I’d like to have an indicator which sets the backgroundcolor to green when there is a close above the upper bollinger band and stays green until there is a close below the lower bollinger band. And when there is a close under the lower BB the backgroundcolor turns red until there is a close above the upper BB and so on.

   

  Thanks In advance

  

  eisi

  Participant

  Topics: 5

  Replies: 12

  Been thanked: 1 time
  11/06/2018 at 1:07 AM #84220
  robertogozzi

  There you go:

  Bollinger Bands Background Colour

  ONCE Red = 0 ONCE Green = 0 ONCE Blue = 0 ONCE Fade = 0 ONCE BBVal = 20 //20 BB periods ONCE BBdev = 2.0 //2.0 BB Deviation BBavg = Average[BBval,0](close) //BB mean (middle line) 0=sma BollUP = BBavg + ((std[BBval](close)) * BBdev)//Bollinger Upper Band BollDN = BBavg - ((std[BBval](close)) * BBdev)//Bollinger Lower Band IF close >= BollUP THEN Red = 0 Green = 255 Blue = 0 Fade = 32 ELSIF close <= BollDN THEN Red = 255 Green = 0 Blue = 0 Fade = 32 ENDIF BackgroundColor(Red,Green,Blue,Fade) RETURN

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

  ONCE Red        = 0 ONCE Green      = 0 ONCE Blue       = 0 ONCE Fade       = 0 ONCE BBVal      = 20                                   //20   BB periods ONCE BBdev      = 2.0                                  //2.0  BB Deviation BBavg           = Average[BBval,0](close)              //BB mean (middle line)   0=sma BollUP          = BBavg + ((std[BBval](close)) * BBdev)//Bollinger Upper Band BollDN          = BBavg - ((std[BBval](close)) * BBdev)//Bollinger Lower Band IF close >= BollUP THEN    Red   = 0    Green = 255    Blue  = 0    Fade  = 32 ELSIF close <= BollDN THEN    Red   = 255    Green = 0    Blue  = 0    Fade  = 32 ENDIF BackgroundColor(Red,Green,Blue,Fade) RETURN

   

  1 user thanked author for this post.

  Nicolas

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17134

  Been thanked: 4031 times
  11/06/2018 at 9:07 AM #84229
  eisi

  Thank you so much Roberto!

  

  eisi

  Participant

  Topics: 5

  Replies: 12

  Been thanked: 1 time
  11/06/2018 at 2:07 PM #84237
  swapping

  Simple but efficient, thank Roberto 🙂

  

  swapping

  Participant

  Topics: 10

  Replies: 97

  Been thanked: 38 times
• Author
  Posts