//@version=6
indicator(title = '[RS]Bollinger Bands Stop V0', shorttitle = 'BBS', overlay =
true)
// Inputs
bb_src = input.source(title = 'Bollinger Band Source:', defval = close)
stop_src = input.source(title = 'Stop Source:', defval = close)
length = input.int(title = 'Length', defval = 20, minval = 1)
mult = input.float(title = 'Band Deviation Multiplier:', defval = 2.0, minval =
0.001, maxval = 50)
risk_multiplier = input.float(title = 'Risk Multiplier:', defval = 0.5, minval =
0.001, maxval = 50)
SHOW_BB = input.bool(title = 'Show Bollinger Bands?', defval = false)
SHOW_ENTRY_ZONE = input.bool(title = 'Show Entry Zone?', defval = false)
SHOW_POINTS = input.bool(title = 'Show Points?', defval = false)
SHOW_TREND_CIRCLES = input.bool(title = 'Show Trend Change Circles?', defval =
true) // New Input for Trend Circles
// Bollinger Bands Calculation
basis = ta.sma(bb_src, length)
dev = mult * ta.stdev(bb_src, length)
upper = basis + dev
lower = basis - dev
// Plot Bollinger Bands
plot(title = 'BB-M', series = not SHOW_BB ? na : basis, color = color.gray)
p1 = plot(title = 'BB-U', series = not SHOW_BB ? na : upper, color = color.silver)
p2 = plot(title = 'BB-L', series = not SHOW_BB ? na : lower, color = color.silver)
fill(p1, p2, color = color.new(color.black, 90), title = 'BBf', editable = true)
// Trend and Stop Levels
var int trend = na
trend := na(trend[1]) ? 1 : stop_src > upper[1] ? +1 : stop_src < lower[1] ? -1 :
trend[1]
// Declare variables with `var` to ensure they are initialized properly
var float smin = na
var float smax = na
var float adjusted_min = na
var float adjusted_max = na
smin := trend < 0 ? math.min(nz(smin[1], upper[1]), upper) : na
smax := trend > 0 ? math.max(nz(smax[1], lower[1]), lower) : na
adjusted_min := trend < 0 ? math.min(nz(adjusted_min[1], smin[1]), smin -
risk_multiplier * dev) : na
adjusted_max := trend > 0 ? math.max(nz(adjusted_max[1], smax[1]), smax +
risk_multiplier * dev) : na
// Plot Stop Levels
s0 = plot(title = 'S-', series = smin, style = plot.style_circles, color =
#f50515,linewidth = 2)
s1 = plot(title = 'S+', series = smax, style = plot.style_circles, color =
#056656,linewidth = 2)
s2 = plot(title = 'E-', series = not SHOW_ENTRY_ZONE ? na : adjusted_min, style =
plot.style_linebr, color = color.new(color.black, 0))
s3 = plot(title = 'E+', series = not SHOW_ENTRY_ZONE ? na : adjusted_max, style =
plot.style_linebr, color = color.new(color.black, 0))
fill(s0, s2, color = color.new(color.red, 80), title = 'Z-', editable = true)
fill(s1, s3, color = color.new(color.lime, 80), title = 'Z+', editable = true)
// Detect Crosses
overbought_end = ta.crossunder(stop_src, upper) // کراس نزولی
oversold_end = ta.crossover(stop_src, lower) // کراس صعودی
// Plot Circles for Crosses
plotshape(title = 'Overbought End (Down)', series = not SHOW_POINTS ? na :
overbought_end ? low : na,
style = shape.circle, location = location.belowbar, color =
color.new(color.red, 0), size = size.large)
plotshape(title = 'Oversold End (Up)', series = not SHOW_POINTS ? na : oversold_end
? high : na,
style = shape.circle, location = location.abovebar, color =
color.new(color.green, 0), size = size.large)
// Entry and Exit Signals
buy_entry_zone = stop_src < adjusted_max and stop_src > smax
sel_entry_zone = stop_src > adjusted_min and stop_src < smin
plot(title = 'Bz', series = not SHOW_POINTS ? na : buy_entry_zone ? low : na, style
= plot.style_circles, color = color.new(color.green, 0), linewidth = 4)
plot(title = 'Sz', series = not SHOW_POINTS ? na : sel_entry_zone ? high : na,
style = plot.style_circles, color = color.new(color.maroon, 0), linewidth = 4)
plot(title = 'Be', series = not SHOW_POINTS ? na : overbought_end ? high : na,
style = plot.style_circles, color = color.new(color.black, 0), linewidth = 4)
plot(title = 'Se', series = not SHOW_POINTS ? na : oversold_end ? low : na, style =
plot.style_circles, color = color.new(color.black, 0), linewidth = 4)
// Detect Cross Between smin and smax
cross_smin_smax = ta.cross(smin, smax)
// Plot a Big Point on Cross
plot(title = 'Cross Point', series = not SHOW_POINTS ? na : cross_smin_smax ? (high
+ low) / 2 : na,
style = plot.style_circles, color = color.new(color.blue, 0), linewidth = 6)
// Show Trend Change Points
trend_change = trend != trend[1]
plotshape(title = 'Trend Change Up', series = not SHOW_TREND_CIRCLES ? na :
trend_change and trend == 1 ? smax : na,
style = shape.circle, location = location.absolute, color =
color.new(color.green, 0), size = size.small)
plotshape(title = 'Trend Change Down', series = not SHOW_TREND_CIRCLES ? na :
trend_change and trend == -1 ? smin : na,
style = shape.circle, location = location.absolute, color =
color.new(color.red, 0), size = size.small)
