OPEN-SOURCE SCRIPT

Bollinger Sweeps & Dynamic Trendline Matrix PRO

1 912
Bollinger Sweeps & Dynamic Trendline Matrix PRO

Bollinger Sweeps & Dynamic Trendline Matrix PRO is a modern, high definition technical analysis indicator optimized specifically for clean charting and high visibility across both light and dark themes. It seamlessly combines customized Bollinger Band volatility tracking, liquidity sweep detection, high confluence trendlines, market structure analysis, and outer neon glowing candlesticks.

Key Features Overview

1. Optimized Bollinger Bands Engine
Features lightweight, low opacity Bollinger Bands with fully customizable length, multiplier, line styles (Solid, Dashed, Dotted), line thickness, and transparency controls.

2. Bollinger Liquidity Sweeps (ITH & ITL Badges)
Identifies liquidity sweep points where price action pierces or touches the outer bands and sharply reverses, marking valid Intermediate Term Highs (ITH) and Intermediate Term Lows (ITL).

3. High Confluence Auto Trendlines
Draws precise trendlines anchored strictly across high confluence swing points, avoiding clutter. Includes full customization for line style, thickness, and color.

4. True Outer Neon Glowing Candlesticks
Uses multi layered rendering to project an outer glowing halo around price candlesticks, making trend direction pop cleanly on white or dark backgrounds.

5. Clean Split Line Market Structure Signals
Detects Break of Structure (BOS) and Change of Character (CHoCH) levels. Structure lines split cleanly around centered text labels with an automatic gap for maximum chart legibility.

6. Triangle Pattern Consolidation Engine
Detects volatility squeezes and marks triangle breakout and breakdown confirmations right as volatility expands.

Settings Overview

Bollinger Bands Settings
- Show Bollinger Bands Engine: Toggle display of bands.
- Band Transparency & Thickness: Adjust opacity and line width.

Bollinger Sweep Settings
- Show BB Sweep Pivots: Toggle ITH and ITL liquidity badges.

Smart Trendline Settings
- Show Smart Trendlines: Toggle trendline overlays.
- Custom Styles: Adjust line style (Solid, Dashed, Dotted), thickness, and colors.

Market Structure Settings
- Show BOS & CHoCH Signals: Toggle structure lines and labels.

Outer Glow Settings
- Enable Outer Glowing Theme: Toggle multi layered candlestick halo effects.

Disclaimer
This script is built strictly for educational, analytical, and charting enhancement purposes. It does not provide financial advice, automated trade signals, or guaranteed results. Always practice strict risk management.

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.