OPEN-SOURCE SCRIPT
Aktualisiert BB + Williams %R + RSI + Order Block Detector [Combined]
📊 Bollinger Bands + Williams %R + RSI + Order Block Detector [Combined]
🎯 ABOUT THE INDICATOR
A powerful combined tool that integrates four popular strategies into one indicator:
Bollinger Bands — volatility measurement and extreme zone identification
Williams %R — momentum oscillator for reversal detection
RSI — classic trend strength indicator
Order Block Detector — automatic identification of institutional order blocks
The core concept: Entry signals are generated only when ALL components confirm simultaneously, significantly increasing the probability of successful trades.
📈 ENTRY SIGNALS
🟢 BUY Signal
Triggers with triple confirmation:
✅ RSI crosses above 30
✅ Williams %R crosses above -70
✅ Price is near the lower Bollinger Band (within tolerance)
📌 Green triangle below the candle with "BUY" label
🔴 SELL Signal
Triggers with triple confirmation:
✅ RSI crosses below 70
✅ Williams %R crosses below -30
✅ Price is near the upper Bollinger Band (within tolerance)
📌 Red triangle above the candle with "SELL" label
🚪 EXIT SIGNALS
Signal Condition Display
Exit LONG Williams %R crosses above -30 ⬜ White cross above candle
Exit SHORT Williams %R crosses below -70 ⬜ White cross below candle
📦 ORDER BLOCK DETECTOR
Automatically identifies institutional order blocks based on volume analysis and market structure.
🟩 Bullish Order Block
Forms at local lows with high volume
Indicates strong buyer interest zone
🟢 Displayed as green rectangle
🟥 Bearish Order Block
Forms at local highs with high volume
Indicates strong seller pressure zone
🔴 Displayed as red rectangle
⚙️ Features:
✅ Bright highlighting (50% transparency)
✅ Displays only the last N blocks (adjustable)
✅ Auto-removal of mitigated blocks
✅ Average line display for each block
✅ Mitigation method selection: Wick or Close
⚙️ SETTINGS
"BB + RSI + WPR" Group
Parameter Default Description
Bollinger Bands Period 20 Calculation period for BB
BB Deviation 2.0 Standard deviation multiplier
Williams %R Period 25 Oscillator calculation period
RSI Period 5 RSI calculation period
BB Tolerance (%) 2.0 Price deviation tolerance from bands
"Order Block" Group
Parameter Default Description
Volume Pivot Length 5 Period for volume peak detection
Bullish OB 3 Number of bullish blocks to display
Bearish OB 3 Number of bearish blocks to display
Mitigation Methods Wick Mitigation method (Wick/Close)
Average Line Style ⎯⎯⎯ Style of the average line
🎨 VISUALIZATION
Element Color Description
BB Upper ⬜ White Upper Bollinger Band
BB Lower ⬜ White Lower Bollinger Band
BB Mid ⬜ White Middle band (dots)
BUY 🟢 Green Triangle below candle
SELL 🔴 Red Triangle above candle
Exit ⬜ White Cross above/below candle
Background 🟢/🔴 Highlight on signal
🔔 ALERTS
8 types of automatic notifications:
🔔 BUY Signal — Long entry
🔔 SELL Signal — Short entry
🔔 EXIT LONG — Close long position
🔔 EXIT SHORT — Close short position
🔔 Bullish OB Formed — Bullish order block detected
🔔 Bearish OB Formed — Bearish order block detected
🔔 Bullish OB Mitigated — Bullish block has been tested
🔔 Bearish OB Mitigated — Bearish block has been tested
📝 RECOMMENDATIONS
✅ Best used on:
📊 Timeframes: 5-minute to 4-hour
💰 Instruments: Cryptocurrencies, stocks, forex
📈 Markets: Volatile with clear trends
⚠️ Important Rules:
Always use stop-loss orders
Filter signals using higher timeframe trends
Adjust parameters for each specific instrument
Never trade against strong trends
⚠️ IMPORTANT DISCLAIMER
⚠️ THIS INDICATOR IS NOT A TRADING RECOMMENDATION!
📌 All signals are for informational purposes only
📌 This is an analytical tool, not a trading robot
📌 Always implement proper risk management
📌 Past performance does not guarantee future results
📌 Trading financial markets involves high risks
📌 Never invest money you cannot afford to lose
📚 HOW TO INSTALL
Open TradingView → Pine Editor
Copy the script code
Click "Save" → "Add to Chart"
Adjust parameters to your trading style
🏷️ TAGS
Bollinger Bands Williams %R RSI Order Block Scalping Day Trading Cryptocurrencies Stocks Forex Technical Analysis Volume Pine Script TradingView Combined Indicator BB WPR OB Institutional Smart Money
🤝 FEEDBACK
Questions, suggestions, or bug reports? Leave a comment below!
I appreciate constructive feedback and ideas for improvement.
📈 Happy Trading!
📋 QUICK SUMMARY
What you get Description
🎯 Entry Points BUY/SELL signals with 3 confirmations
🚪 Exit Points Automatic position closing signals
📦 Order Blocks Institutional accumulation zones
🔔 Alerts 8 types of automatic notifications
⚙️ Flexibility Full customization of all parameters
🎨 Visualization Clear and intuitive display
✅ Version: Pine Script v6
✅ Status: Tested, ready for use
✅ Compatibility: All timeframes, all instruments
✅ Language: English/Russian (dual support)
Built with dedication to trading. Protect your capital! ❤️
🔧 TECHNICAL DETAILS
Input Parameters:
BB Period: 20 (default) — adjustable
BB Deviation: 2.0 (default) — adjustable
Williams %R Period: 25 (default) — adjustable
RSI Period: 5 (default) — adjustable
BB Tolerance: 2% (default) — adjustable
Volume Pivot Length: 5 (default) — adjustable
Bullish OB Count: 3 (default) — adjustable
Bearish OB Count: 3 (default) — adjustable
Mitigation Method: Wick (default) — Wick/Close selectable
Alert Conditions:
Entry signals (BUY/SELL)
Exit signals (LONG EXIT/SHORT EXIT)
Order block formation (Bullish/Bearish)
Order block mitigation (Bullish/Bearish)
Visual Features:
White Bollinger Bands for better visibility
Colored rectangles for order blocks with 50% opacity
Triangle markers for entry signals with text labels
Cross markers for exit signals
Background color highlighting on signals
Ready to use on any instrument and timeframe! 🚀
🎯 ABOUT THE INDICATOR
A powerful combined tool that integrates four popular strategies into one indicator:
Bollinger Bands — volatility measurement and extreme zone identification
Williams %R — momentum oscillator for reversal detection
RSI — classic trend strength indicator
Order Block Detector — automatic identification of institutional order blocks
The core concept: Entry signals are generated only when ALL components confirm simultaneously, significantly increasing the probability of successful trades.
📈 ENTRY SIGNALS
🟢 BUY Signal
Triggers with triple confirmation:
✅ RSI crosses above 30
✅ Williams %R crosses above -70
✅ Price is near the lower Bollinger Band (within tolerance)
📌 Green triangle below the candle with "BUY" label
🔴 SELL Signal
Triggers with triple confirmation:
✅ RSI crosses below 70
✅ Williams %R crosses below -30
✅ Price is near the upper Bollinger Band (within tolerance)
📌 Red triangle above the candle with "SELL" label
🚪 EXIT SIGNALS
Signal Condition Display
Exit LONG Williams %R crosses above -30 ⬜ White cross above candle
Exit SHORT Williams %R crosses below -70 ⬜ White cross below candle
📦 ORDER BLOCK DETECTOR
Automatically identifies institutional order blocks based on volume analysis and market structure.
🟩 Bullish Order Block
Forms at local lows with high volume
Indicates strong buyer interest zone
🟢 Displayed as green rectangle
🟥 Bearish Order Block
Forms at local highs with high volume
Indicates strong seller pressure zone
🔴 Displayed as red rectangle
⚙️ Features:
✅ Bright highlighting (50% transparency)
✅ Displays only the last N blocks (adjustable)
✅ Auto-removal of mitigated blocks
✅ Average line display for each block
✅ Mitigation method selection: Wick or Close
⚙️ SETTINGS
"BB + RSI + WPR" Group
Parameter Default Description
Bollinger Bands Period 20 Calculation period for BB
BB Deviation 2.0 Standard deviation multiplier
Williams %R Period 25 Oscillator calculation period
RSI Period 5 RSI calculation period
BB Tolerance (%) 2.0 Price deviation tolerance from bands
"Order Block" Group
Parameter Default Description
Volume Pivot Length 5 Period for volume peak detection
Bullish OB 3 Number of bullish blocks to display
Bearish OB 3 Number of bearish blocks to display
Mitigation Methods Wick Mitigation method (Wick/Close)
Average Line Style ⎯⎯⎯ Style of the average line
🎨 VISUALIZATION
Element Color Description
BB Upper ⬜ White Upper Bollinger Band
BB Lower ⬜ White Lower Bollinger Band
BB Mid ⬜ White Middle band (dots)
BUY 🟢 Green Triangle below candle
SELL 🔴 Red Triangle above candle
Exit ⬜ White Cross above/below candle
Background 🟢/🔴 Highlight on signal
🔔 ALERTS
8 types of automatic notifications:
🔔 BUY Signal — Long entry
🔔 SELL Signal — Short entry
🔔 EXIT LONG — Close long position
🔔 EXIT SHORT — Close short position
🔔 Bullish OB Formed — Bullish order block detected
🔔 Bearish OB Formed — Bearish order block detected
🔔 Bullish OB Mitigated — Bullish block has been tested
🔔 Bearish OB Mitigated — Bearish block has been tested
📝 RECOMMENDATIONS
✅ Best used on:
📊 Timeframes: 5-minute to 4-hour
💰 Instruments: Cryptocurrencies, stocks, forex
📈 Markets: Volatile with clear trends
⚠️ Important Rules:
Always use stop-loss orders
Filter signals using higher timeframe trends
Adjust parameters for each specific instrument
Never trade against strong trends
⚠️ IMPORTANT DISCLAIMER
⚠️ THIS INDICATOR IS NOT A TRADING RECOMMENDATION!
📌 All signals are for informational purposes only
📌 This is an analytical tool, not a trading robot
📌 Always implement proper risk management
📌 Past performance does not guarantee future results
📌 Trading financial markets involves high risks
📌 Never invest money you cannot afford to lose
📚 HOW TO INSTALL
Open TradingView → Pine Editor
Copy the script code
Click "Save" → "Add to Chart"
Adjust parameters to your trading style
🏷️ TAGS
Bollinger Bands Williams %R RSI Order Block Scalping Day Trading Cryptocurrencies Stocks Forex Technical Analysis Volume Pine Script TradingView Combined Indicator BB WPR OB Institutional Smart Money
🤝 FEEDBACK
Questions, suggestions, or bug reports? Leave a comment below!
I appreciate constructive feedback and ideas for improvement.
📈 Happy Trading!
📋 QUICK SUMMARY
What you get Description
🎯 Entry Points BUY/SELL signals with 3 confirmations
🚪 Exit Points Automatic position closing signals
📦 Order Blocks Institutional accumulation zones
🔔 Alerts 8 types of automatic notifications
⚙️ Flexibility Full customization of all parameters
🎨 Visualization Clear and intuitive display
✅ Version: Pine Script v6
✅ Status: Tested, ready for use
✅ Compatibility: All timeframes, all instruments
✅ Language: English/Russian (dual support)
Built with dedication to trading. Protect your capital! ❤️
🔧 TECHNICAL DETAILS
Input Parameters:
BB Period: 20 (default) — adjustable
BB Deviation: 2.0 (default) — adjustable
Williams %R Period: 25 (default) — adjustable
RSI Period: 5 (default) — adjustable
BB Tolerance: 2% (default) — adjustable
Volume Pivot Length: 5 (default) — adjustable
Bullish OB Count: 3 (default) — adjustable
Bearish OB Count: 3 (default) — adjustable
Mitigation Method: Wick (default) — Wick/Close selectable
Alert Conditions:
Entry signals (BUY/SELL)
Exit signals (LONG EXIT/SHORT EXIT)
Order block formation (Bullish/Bearish)
Order block mitigation (Bullish/Bearish)
Visual Features:
White Bollinger Bands for better visibility
Colored rectangles for order blocks with 50% opacity
Triangle markers for entry signals with text labels
Cross markers for exit signals
Background color highlighting on signals
Ready to use on any instrument and timeframe! 🚀
Versionshinweise
Version 2.0 - Major Update🔧 Key Changes:
Extended Settings Range:
BB Period now adjustable from 1 to 1000 (was 20)
BB Deviation expanded to 0.5-5.0
Added precise tuning for any timeframe
Optimized Default Settings for Crypto:
Updated default values for day trading
BB Period: 25
BB Deviation: 2.0
Williams %R: 25
RSI: 10
BB Tolerance: 3.0%
Volume Pivot: 10
Improved Visualization:
Enlarged signal triangles (size.large)
Changed color scheme for better visibility:
BUY signals: aqua
SELL signals: orange
Bollinger Bands in standard colors (blue/red/yellow)
Optimized Order Blocks:
Reduced block brightness for better chart readability
Improved background transparency (70-75%)
Extended Customization:
All parameters now have wide ranges
Flexible adjustment for different trading styles
📊 Markets:
Bitcoin and cryptocurrencies
Intraday trading (5 min - 1 hour)
Scalping, day trading, swing trading
🎯 Recommended Timeframes:
15 minutes (optimal)
5 minutes (scalping)
1 hour (swing trading)
⚠️ Important:
Fully compatible with Pine Script v6
All alerts preserved and working
Backward compatibility maintained
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.