Valdex BBWP Multitimeframe

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🇬🇧 (English Version)

Valdex BBWP Multitimeframe: Multitimeframe Volatility.

**Created by:** [David/Jordi035]
**Adaptation of: Bollinger Band Width Percentile (BBWP)

📄 General Description

The **Valdex BBWP Multitimeframe** indicator is an advanced and optimized adaptation of the classic *Bollinger Band Width Percentile (BBWP)* indicator. Its purpose is to provide a robust and flexible tool for measuring the market's **relative volatility** on a scale from 0 to 100.

What distinguishes this version is its ability to **analyze volatility across THREE timeframes simultaneously**, allowing you to confirm expansion (high volatility) or contraction (low volatility) in higher timeframes without switching charts. It is an essential filter for any breakout or retracement strategy.

✨ Key Features

The indicator plots three volatility lines, each with a specific and independently configurable purpose:

1. **Base Line (Current TF):** Displays the BBWP calculated on the **exact timeframe of the current chart**, preserving its pure, unsmoothed value (original "noise").
2. **Multitimeframe (MTF) Lines:** Allows you to define two completely separate BBWP lines, each pulling data from an **external timeframe** (e.g., 60 minutes, Daily). Includes a **configurable Moving Average (MA)** to smooth the noise.

⚙️ Configuration and Usage
* **BBWP Base Settings:** You can configure the underlying BBWP parameters: Bands Length (13 default) and Percentile Lookback (252 default).
* **MTF Configuration:** For Lines 2 and 3, you **must manually enter** the desired timeframe in the text field (valid examples: `5`, `60`, `240`, `D`, `W`).

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Notas de prensa

--- Valdex BBWP Multitimeframe: Multitimeframe Volatility at Your Fingertips ---
Created by: [Tu Nombre/Usuario de TradingView]
Adaptation of: Bollinger Band Width Percentile (BBWP)

// --- GENERAL DESCRIPTION ---
The Valdex BBWP Multitimeframe indicator is an advanced and optimized adaptation of the classic Bollinger Band Width Percentile (BBWP) indicator. Its purpose is to provide a robust and flexible tool for measuring the market's relative volatility on a scale from 0 to 100.

What distinguishes this version is its ability to analyze volatility across THREE timeframes simultaneously, allowing you to confirm expansion (high volatility) or contraction (low volatility) in higher timeframes without switching charts. It is an essential filter for any breakout or retracement strategy.

// --- KEY FEATURES ---
1. Base Line (Current TF): Displays the BBWP calculated on the exact timeframe of the current chart, preserving its pure, unsmoothed value (original "noise").
2. Multitimeframe (MTF) Lines: Allows you to define two completely separate BBWP lines, each pulling data from an external timeframe (e.g., 60 minutes, Daily). Includes a configurable Moving Average (MA) to smooth the noise.

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--- Valdex BBWP Multitimeframe: La Volatilidad Multitemporal al Alcance de tu Mano ---
Creado por: [Tu Nombre/Usuario de TradingView]
Adaptación de: Bollinger Band Width Percentile (BBWP)

// --- DESCRIPCIÓN GENERAL ---
El indicador Valdex BBWP Multitimeframe es una adaptación optimizada del BBWP. Mide la volatilidad relativa del mercado en una escala del 0 al 100, simultáneamente en TRES temporalidades distintas. Es un filtro esencial para cualquier estrategia basada en rupturas o retrocesos.

// --- FUNCIONALIDADES CLAVE ---
1. Línea Base (TF Actual): Coincide exactamente con el BBWP puro de la temporalidad del gráfico actual (sin suavizar, conservando el ruido original).
2. Líneas Multitemporales (MTF): Permite definir dos líneas de BBWP separadas, extrayendo datos de una temporalidad externa (ej.: 60 minutos, Diario). Incluye una Media Móvil (MA) configurable para suavizar el ruido.
*/