During regular trading hours...??? I only tested it on GDX because I already had the chart up so I just added the script as a lower study... It fired off more than a few times before I finally removed the study... It was just your code with the two alert lines added... I never bothered to check the semantics of your code, just added the alerts based on your plot conditions...
This code will keep your default red/green if it is not upper or lower band.
# Bollinger Band with High Low Colored
# tomsk
# 12.14.2019
# V1.0 - 12.11.2019 - tomsk - Standard TOS BB tagged with BLUE candles when close above the upper band
# V1.1 - 12.14.2019 - tomsk - Adjustments to make display visually more distinctive and added alarms
input price = close;
input displace = 0;
input length = 20;
input Num_Dev_Dn = -2.0;
input Num_Dev_up = 2.0;
input averageType = AverageType.SIMPLE;
def sDev = StDev(data = price[-displace], length = length);
plot MidLine = MovingAverage(averageType, data = price[-displace], length = length);
plot LowerBand = MidLine + Num_Dev_Dn * sDev;
plot UpperBand = MidLine + Num_Dev_up * sDev;
MidLine.SetDefaultColor(Color.YELLOW);
LowerBand.SetDefaultColor(Color.CYAN);
UpperBand.SetDefaultColor(Color.GREEN);
AssignPriceColor(if close > UpperBand then Color.LIME else if close < LowerBand then Color.MAGENTA else color.CURRENT);
Alert(close crosses above UpperBand, "BB cross above Upper", Alert.BAR, Sound.Ring);
Alert(close crosses below LowerBand, "BB cross below Lower", Alert.BAR, Sound.Bell);
# End Bollinger Band
You, essentially, want rainbow or trend indicating Bollinger Bands which is nothing more than three trend indicating bands...
Hello rad14733, I am looking for Bollinger bands much like the ones included in the " Bollinger bands with MACD ". This was an indicator that I got from Horserider. It is exactly what I need. Thank you, C-Note Johnson
But you want an upper indicator, correct...???
Ok... So you just want trending Bollinger Bands... I may have some kicking around, otherwise I can whip them up later...
Yes. Bollinger bands that change colors for divergence, convergence, and another color for chop/aimless price drift. Sounds good, C-Note Johnson.
# Acrylic_BollingerBands
# Modified by rad14733
# Added trend indicating midLine
# Added optional cloud between bands
# Added trend indicating upper and lower bands per request from C-Note Johnson 2021-01-06
input price = close;
input displace = 0;
input length = 21;
input Num_Dev_Dn = -2.0;
input Num_Dev_up = 2.0;
input averageType = AverageType.Simple;
def sDev = stdev(data = price[-displace], length = length);
plot MidLine = MovingAverage(averageType, data = price[-displace], length = length);
MidLine.AssignValueColor(if MidLine > MidLine[1] then Color.LIME else if MidLine < MidLine[1] then Color.MAGENTA else Color.LIGHT_GRAY);
MidLine.SetLineWeight(2);
plot UpperBand = MidLine + num_Dev_Up * sDev;
UpperBand.AssignValueColor(if UpperBand > UpperBand[1] then Color.LIME else if UpperBand < UpperBand[1] then Color.MAGENTA else Color.LIGHT_GRAY);
#UpperBand.SetDefaultColor(Color.WHITE);
#UpperBand.SetDefaultColor(CreateColor(50, 150, 250));
UpperBand.SetLineWeight(2);
plot LowerBand = MidLine + num_Dev_Dn * sDev;
LowerBand.AssignValueColor(if LowerBand > LowerBand[1] then Color.LIME else if LowerBand < LowerBand[1] then Color.MAGENTA else Color.LIGHT_GRAY);
#LowerBand.SetDefaultColor(Color.WHITE);
#LowerBand.SetDefaultColor(CreateColor(50, 150, 250));
LowerBand.SetLineWeight(2);
#AddCloud(LowerBand, UpperBand, Color.GRAY, Color.GRAY);#Hint: stocks that are below the lowerband during the day heading into the close
input price = close;
input displace = 0;
input length = 20;
input Num_Dev_Dn = -2.0;
input Num_Dev_up = 2.0;
input averageType = AverageType.Simple;
input currentprice = PriceType.LAST;
def sDev = stdev(data = price[-displace], length = length);
def MidLine = MovingAverage(averageType, data = price[-displace], length = length);
def LowerBand = MidLine + num_Dev_Dn * sDev;
def UpperBand = MidLine + num_Dev_Up * sDev;
plot condition = currentprice < lowerBand;
# The word "condition" above is the only word that shows up with the red box.fthe only issue with this is I want to choose the last price, as I want to do this scan before the market closes, like the last 30 minutes of the day.
#Hint: stocks that are below the lowerband during the day heading into the close
input price = close;
input displace = 0;
input length = 20;
input Num_Dev_Dn = -2.0;
input Num_Dev_up = 2.0;
input averageType = AverageType.Simple;
input currentprice = close;
def sDev = stdev(data = price[-displace], length = length);
def MidLine = MovingAverage(averageType, data = price[-displace], length = length);
def LowerBand = MidLine + num_Dev_Dn * sDev;
def UpperBand = MidLine + num_Dev_Up * sDev;
plot trigger = currentprice < lowerBand;
# The word "condition" above is the only word that shows up with the red box.fwhen I try replacing it with trigger it gives me the same red box over the word trigger.
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