Introduction The indicator attempts to implement the "Technical Analysis Starting Conditions" found in the 3Commas DCA trading bot settings. How is it original and useful and how does it compare to other scripts in the Public Library? This indicator is unique in that it's the only one (as of the initial publications) that can handle 5 signal indicator types...
Hi everyone, I have developed a divergence system using RSI and Bollinger Bands. It contains a series of filters which are fine tuned to generate razer sharp entries. It works by first identifying divergence between peak 1 and peak 2. Peak 1 must have enough momentum and strength to Breach the Bollinger bands. Once these criteria are met, a white candle will...
Bollinger Bands with user selection options to calculate the moving average basis and bands from a variety of different moving averages. The user selects their choice of moving average, and the bands automatically adjust. The user may select a MA that reacts faster to volatility or slower/smoother. Added additional options to color the bands or basis based on...
Bricklayer's Volatility Meter will calculate Bollinger Bands Width up to 20 different lengths between lowest and highest input. • If it is increasing, the brick will be green. • If it is decreasing, the brick will be red. The idea is that if volatility is decreasing across an increasing number of periods, the market will be ready for different strategies than...
Hi everyone, I've been playing with the idea of trying to trend bollinger band movement of various currencies. What I've got here is the result of that. In its very basic form its a tool to identify the start and end of both long and short term trends. The thick line (red/green) indicates whether this is a bullish (green) or bearish (red) movement and...
Some pairs have their own distinct behavior. That includes volatility, news reactiveness, trend x chop day discrepancy, and other qualities. At first, I tried to measure this with the Choppiness Index, but it looks pretty much alike when you compare symbols like EURNZD and GBPCAD, but my testing shows some major behavioral differences between the two. Hence, I...
I added Bolinger bands to the RSI indicator. This shows you the area of reversal for the RSI. Generally, when the indicator falls out of the bands, you'll see a quick reversal. Indeed this is a better way to find the overbought and oversold areas.
This is based on a video I watched while searching for good indicators to use for scanning pumps across the crypto market. You can probably find the video by searching for "Pump Finder On 15 Minute Chart With Best Trading Indicators". The approach presented uses LSMA and BB B% to detect pumps. Results: It does detect many pumps, it also detects many...
Can be Used on Any timeframe. Based on Bollinger Bands and RSI ( Relative Strength Index ) Used for Testing below Trade Setups on 3Commas. Bollinger Bands BB-20-2-LB BB-20-1-LB Relative Strength Index RSI-7 <70 RSI-7 <30 Added Short Entry Switch Added RSI Skipping Option Price Should cross the Band and Close the candle Above/Below the band
I discovered a video on YouTube which was published on Jan 22, 2021. I just coded on TradingView. It's performing better in smaller TimeFrames (1m, 5m, ...). How does it work? How to use? This is based on Bollinger Bands and Exponential Moving Average. The logic is so simple: It will wait until the a candle starts to poke out of the BB. When it figures out a...
What is the OGT Bollinger Bandwidth Indicator? The Bollinger Bands indicator is one of the most popular technical trading indicators. One of the applications of the Bollinger Bands indicator is when an instrument is in a state of low/high volatility. The OGT Bollinger Bandwidth Indicator measures the percentage distance between the upper and lower Bollinger...
Just variation of Multi Band oscillator present here: Multi-Band-Channel-Oversold-Overbought-Oscillator Changes are: Instead of regular moving average, here I am using Zigzag Moving average. This is calculated in similar to as explained in: Zigzag-Cloud Instead of ATR, using AZR (Average Zigzag Range) - Average-Zigzag-Range-AZR Rest of the logic...
The Ultimate Moving Average Bands were created by me and @RedKTrader and this converts our Ultimate Moving Average into volatility bands that use the same adaptive logic to create the bands. I have enabled everything to be fully adjustable so please let me know if you find a more useful setting than what I have here by default. I'm sure everyone is familiar with...
Legend: - When line touches or crosses red band it is Top signal (Williams Vix Fix) - When line touches or crosses blue band it is Bottom signal (Williams Vix Fix) - Red dot at the top of indicator is a Top signal (Relative Volatility Index) - Blue dot at the top of indicator is a Bottom signal (Relative Volatility Index) - Gray dot at the bottom of indicator is a...
This simple script based on Bollinger Bands to collect Touch Point at bandsand display them on the map. Detail of rule as below: 1.Define Touch Point 1.1.Touch Point at Lower Band + Key bar: - Open Price lower than BB lower band, Close Price higher than BB lower band + Touch Point: - Median Price (HL2) of Key bar 1.2.Touch Point at Upper Band + Key bar: -...
This is Bollinger Band built on top of Zigzags instead of regular price + something more. Indicator presents 7 lines and cloud around it. This can be used to visualize how low or high price is with respect to its past movement. Middle line is moving average of last N zigzag pivots Lines adjacent to moving average are also moving averages. But, they are...
Hello everyone, With help of open source WD gann codes, i combined this study with Bollinger band with entry & exit conditions. For stock Selection you way chose fixed stock list . These levels has been derived from daily WD GANN Astro Levels. === Rules === Long Entry Condition : Price must be above resistance line with Bollinger band blast will be the best entry...
Hello traders, I would like to introduce you Bollinger bands volume support&resistance multi timeframe script. The benchmark is the Upper Bollinger Band applied on volume with a look-back setting of 233 and a displacement of 3 standard deviations. (There’s nothing magical about the setting of 233, but you should use a long-term parameter so that you get a stable...