Here is my take on BB and MTF, based on the most excellent work of "PineCoders" (MTF Selection Framework functions)!
The big advantage is that on 1 image you can easily see where price is compared to 5 or less BB Bands (each of different Time Frames). This gives a lot of Support and Resistance area's!
Includes: - 1 Bollinger Bands (can be enabled/disabled - "Bollinger Bands" - 4 Bollinger Bands (each can be enabled/disabled - "HTF Selection 1-4")
Each BB has its colour (can be changed)
- Labels (Timeframe and price) can be enabled/disabled - Labels position and size can be changed ...
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Streamlined updated version by "PineCoders", thank you very much "PineCoders"!
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- Added 2 more Time Frames
- Since the bands are often distracting, I also added a button to enable/disable them at once (so you don't have to disable every single band)
> disable "Show BB bands"
> enable "Show BB bands"
It is also possible just to show the colour fill between bands