Multitimeframe Bollinger Bands Monitor
Indicator Multitimeframe Bollinger Bands Monitor lets you know the status of the price of any character: if it is above the upper band, below the lower band or between the bands (neutral state) in each timeframe 4. You can adjust the indicator by selecting parameters of Bollinger bands, as well as the colors for the states "above the upper band" "Below the lower-band" and a neutral state.
Input parameters
- Band periods: the period for calculation of the Bollinger Bands.
- Band Deviations: volatility for calculating deviation Bollinger bands.
- Bollinger Bands Applied to: price to calculate the Bollinger Bands.
- Title Color: color name
- Text Color: color of the text (tags timeframes)
- Above band light color: Color of light for a state where the price is above the upper band.
- Below band light color: Color of light for a state where the price is lower than the lower band.
- Neutral color: highlighting color for the status when the price falls between the upper and lower strip.
- Background color: background color
- Show in this corner: the location of the information on the chart.
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