The Strategy involves two Bollinger Bands (BB) at a go. One with Divergence of 1 and another 2. Strategy: When the price rides above the inner BB, buy, check if it rides above the second BB. Exit when price falls inside the Outer BB and enters the Inner BB. When the price rides below the inner BB, buy, check if it rides below the second BB. Exit when price rises...
This Ichimoku Kinko-Hyo is an indicator which has been changed for short-term trading and, It has a “target price theory(one of three theory of Ichimoku Kinko-Hyo) function.” Also, In this indicator, It can be plotting the “Span model”, “Super Bollinger Bands” which has Invented by a Japanese currency dealer Toshihiko Masaki, And Moving Average. In addition, you...
This code is the result of an idea by @MarcoOlivano. The question was that if putting the comparative relative strength as an RSI oscillator would help in understanding the relative strength of the stock to the overall market? As we both trade the JSE I have made the JSE:J200 or Top 40 the basis for comparison. This can be changed in the settings dropdown if you...
This script is for a Bollinger Band type indicator with as many features as I can possibly fit into a Bollinger Band type indicator. Features: - A single custom moving average serving as the middle band. - Standard MA inputs. - MA type. - MA period. - MA price. - MA resolution (time frame). - Visibility toggle. - MA Candle Type - Fancy MA inputs. - Toggle to...
This code adapts the code by vitvlkv to be appropriate for comparison of JSE stocks with the Top 40 index. It also includes moving averages and Bollinger Bands to identify extreme conditions. You can change the colours and deselect moving averages to make the plot less cluttered. You can also change the selection to compare the stock against to JSE:J201 if you...
This is written as a system to replace the BB strategy. I think it will work well. It looks pretty stylish. Description / Usage: Adjust the length and multiplier based on your location with Bollinger Bands. The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA). And with the 8-day exponential moving average, you can observe...
It is a highly configurable Bollinger Bands implementation. You can choose different moving averages: EMA, SMA, WMA, VWMA, RMA (Wilder's EMA), ZLEMA, HMA (Hull MA), ALMA Select between standard or mean deviation You can use "High" or "Low" for upper and lower bands, which makes them much better for dynamic support-resistance You can shift (offset) right...
A Fibonacci Bollinger Bands indicator with automatic timeframe detection. The timeframe reverts to the value specified in settings when viewing Daily, Monthly or seconds-based charts. Based on: Bollinger Bands Fibonacci ratios by Shizaru (/script/bCy9urOG-Bollinger-Bands-Fibonacci-ratios/)
Bollinger Band Deviations In theory price trades within 2 standard deviations 95% of the time. This is an attempt to capture that 5% that deviates from the bands. Useful for taking profit or signaling a reversal.
Bollinger bands with the option to use different types of moving averages. -SMA -EMA -RMA -WMA -VWMA -SWMA -DEMA -HMA -SMMA -T3 -TEMA
The other way to build bands around price that uses Mean Absolute Deviation instead of Standard Deviation. MAD is also a measure of variability, but less frequently used. MAD is better for use with distributions other than the Gaussian. MAD is always less than or equal to Standard Deviation and the resulting bands are more tighter for the same parameters if we...
So this was something I planned on doing in the future, I knew it would take some time to put together but here it is, the Squeeze Pro 2 Overlays. On my original Squeeze Pro, I had made several overlay indicators to go along with it, this time my goal was to combine all that stuff into a single indicator and allow the user to turn on and off the specific features...
The Bollinger Band Squeeze is calculated according to the ATR. With the default settings. If the BB width is smaller than the ATR * 2 the background is painted green. If the BB width is larger than the ATR * 5 the background is painted red
Percent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one. blue line = bollinger % orange line = keltner % red background = squeeze* squeeze = bollinger bands are inside (encapsulated by) keltner channel
It's a Stochastic indicator combined with Bollinger %B. This way you just need to check if it is above 1.0 or below 0.0 (Outside Bollinger Bands).
EMAs converted to Bollinger Bands The bands are 50, 200 and 800 period, forming a strategy and having clear trends and stronger supports and resistances (when the lines converge the area is stronger).
It's an RSI indicator combined with Bollinger %B. This way you just need to check if it is above 1.0 or below 0.0 (Outside Bollinger Bands). You can choose the moving average method used by RSI.
OBV plotted with Bollinger Bands to show whether the volume is breaking out from its normal deviation (both up or down). The OBV changes color depending on the macro trend which is set using a 100 EMA.