OPEN-SOURCE SCRIPT
VDUB BB %B REVERSAL_v4.2 revised by JustUncleL
Updated
This is an revised Open Public version of Vdub Bollinger Band %B reversal indicator. This version includes optional Divergence Finder with selectable channel width, optional Market Session time highlighting and optional Binary Option expiry markers.
Release Notes
R4.3 By JustUncleL: some minor updates- Updated for Version 3 Pinescript compliance.
- Added option to change Session times.
- Change to 3 Session times: Asia, Europe and NewYork
- Added Colourung under BB %B curve to Highlight %B peaks.
HINT: I find Divergence works better at the Higher Time Frames 4hr or Daily.
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Release Notes
Small Update:Changed input type to "session" for Session Time entries.
HINT#2: Look for Divergence markers that begin from Peaks above 50% or below -%50.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
JustUncleL
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