// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Bollinger Band Trend Filter"); ST_TR=EMA(C,5); MID_TR=EMA(C,10); INT_TR=EMA(C,15); LNG_TR=EMA(C,20); ST_VAL = IIf(ST_TR > BBandTop(C,15,0.5),1, IIf(ST_TRBBandBot(C,15,0.5),0,-1)); MID_VAL = IIf(MID_TR > BBandTop(C,20,0.5),1, IIf(MID_TRBBandBot(C,20,0.5),0,-1)); Int_VAL = IIf(INT_TR > BBandTop(C,30,0.5),1, IIf(INT_TRBBandBot(C,30,0.5),0,-1)); LNG_VAL = IIf(LNG_TR > BBandTop(C,50,0.5),1, IIf(LNG_TRBBandBot(C,50,0.5),0,-1)); ST_TF = ST_VAL*10; MID_TF = MID_VAL*20; INT_TF = Int_VAL*30; LNG_TF = LNG_VAL*40; TF= ST_TF + MID_TF + INT_TF + LNG_TF; // TREND FILTER RANKING TFRNK = IIf(TF>= 50,3, IIf(TF<50 AND TF>25,2, IIf(TF<25 AND TF>=0,1, IIf(TF<0 AND TF>= -25,-1, IIf(TF<-25 AND TF>=-50,-2, IIf(TF<-50,-3,0)))))); TFCLR = IIf(TFRNK==3,ColorRGB(0,255,0), IIf(TFRNK==2,colorGreen, IIf(TFRNK==1,colorOrange, IIf(TFRNK==-1,ColorRGB(252,70,0), IIf(TFRNK==-2,ColorRGB(255,80,80), IIf(TFRNK==-3,ColorRGB(217,0,0),colorGrey40)))))); // PRICE PLOT Plot(TFRNK,"BB TREND FILTER",TFCLR ,styleThick); Plot (0,"",colorGrey50,styleLine); Plot (-.5,"",colorGrey50,styleDashed); Plot (0.5,"",colorGrey50,styleDashed); _SECTION_BEGIN("EMA1"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END();