Bollinger Bands BreakoutThis indicator applies Bollinger Bands to a line* that represents the difference in closing prices to produce buy & sell signals.
*Equation of line = close - previous close
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Multi Bollinger BandsBollinger Bands across multiple configurable time frames (Default - 1H, 2H, 4H, 1D)
You can show / hide individual bands from the settings
Bollinger levelesSimilar to VRSI level script , only this time I use bolliger
plus add similar to a fib system to it
the cross up or down of high and low are optional if you want to see as L=low.h = high
so it a bollinger just it look different:)
Bollinger Breakout IndicatorA script to find breakouts/bullish movement in alt coins.This script builds up on the awesome bollinger indicator and analyzes the breakouts
Bollinger Bands T3/SMA/EMAModify the collor of the scandlestick to the trend using as core the Bollinger
Bollinger Bands Width Expansion IdentifierFind out if the Bollinger Band Width has rapidly expanded compared to the N number of previous periods.
I've written a function: 'bbw_expansion' that performs this check so that it can be incorporated in other projects of mine.
Example: bbw_expansion(bbw, 5, 1.2) will return 'true' if 'bbw' is 20% greater (or more) compared to the last 5 bbw periods.
The function returns: 'true' or 'false'
Bollinger HistogramIn the same way that I make the donchian histogram , we can make a histogram for bollinger
above zero =buy , green color
bellow zero =sell. red color
try to play with setting to get optimal results
Bollinger MTFSo this is a Bollinger resistance and support map, I just convert it to v4 and add info for current upper and lower levels
The length is 60 (instead of regular 20) and we make it to be MTF
Ok , so how this system work
we choose TF and I normaly use 3x or 4X of the MTF (you can choose your own)
then we need to decide if we want to long or short
if we go long then the buy point will be the lower value and TP will be TP in green -
If we go short then our entry value will be upper and TP (take profit) will be in red
so one can put few tweeks and make this system to be more automatic , but I just show this as a easy concept for trade system
the main issue in such system is properly to decide when to go short or when to go long
that why you need to add other indicators in order to make this call and make this system effective
Bollinger BandwidthThe bandwidth is the difference (gap) between the upper band and the lower band.
This Bandwidth indicator takes the current Width of the Bollinger Bands and compares it to the Maximum and Minimum Width of the Bands over N periods
If the calculated percentage is less than or equal to X Percent (which we will specify), then the histogram shows yellow. If the calculated percentage is greater than the X Percent, then the histogram shows Red.
This works out well to quickly see if the currency pair is ranging (Yellow) and if it has broken out of range (Red)
To have a valid trade, the bandwidth indicator must be Yellow which means prices are contained within a tight range. This give us the opportunity to be able to trade inside the band picking top and bottom of the range with the help of the Stochastic indicator.
Noro's Bollinger Strategy v1.3Bollinger Bands
Pyramiding!!!
For:
- any crypto
- timeframe: 1min, 3min, 5min, 15min, 30min, 1h
Noro's Bollinger Strategy v1.2Bollinger Bands
Pyramiding!!!
For:
- any crypto
- timeframe: 1min, 3min, 5min, 15min, 30min, 1h
Noro's Bollinger Strategy v1.1Bollinger Bands
Pyramiding!!!
For:
- any crypto
- timeframe: 1min, 3min, 5min, 15min, 30min, 1h
Noro's Bollinger Strategy v1.0Bollinger Bands only
Piramiding!!!
For:
- any crypto
- timeframe: 1min, 3min, 5min, 15min, 30min, 1h, 2h
Bollinger Band with Touch Alerts and Disappear on Low TimeframesModified Bollinger Band with Touch Alerts and Disappear on Low Timeframes
Bollinger Bands PlusI wondered what Bollinger Bands would look like based on a Hull Moving Average compared to that of a Simple Moving Average.
This script allows you to turn on and off SMA and HMA based bands.
This is my way of learning Pine script, I hope it is of use to someone :-)
Bollinger Bands %RSIHi All,
I am not a programmer, but I tried to buid BB% of RSI , base of John Bollinger' book. I cut and paste the function from LazyBear MFI/RSI BB indicator and original BB% scripts. Now, I need help for 2 things :
1. I already check by side with LazyBear indicator for the OB/OS, and all are good. One thing I don't understand is why we build the Basis for bb using "sma" ? any one can help me to understand with this?
2. I am happy with this, but I need to make the Source Price become customisable (close, hl/2, hlc/3, etc). and I don't know how to set it up. please help me with this.
Thank you.
Best scalping toolExplanation:
This script is a comprehensive indicator that combines three essential technical analysis tools: Money Flow Index (MFI), Relative Strength Index (RSI), and Bollinger Bands (Bollinger %B). It provides insights into market conditions related to cross points of mfi,rsi and B%B.
A buy condition is created when the last candle RSI and MFI are under the bollinger bands, and then in the actual candle the RSI cross up the bollinger low band.
A sell condition is created when the last candle RSI and MFI are above the bollinger bands, and then in the actual candle the RSI cross down the bollinger high band.
Key Components:
MFI (Money Flow Index):
Utilizes the MFI indicator based on a specified length.
Overbought and oversold levels (80 and 20, respectively).
RSI (Relative Strength Index): (Adapted to the mfi chart)
Allows selection of different moving average types (SMA, EMA, etc.) for the RSI calculation.
RSI along with upper and lower bands (70 and 30).
Bollinger Bands:
Provides upper and lower Bollinger Bands based on the RSI's standard deviation.
Visualization Options:
Allows the user to choose between show the buy (green arrow) and the sell (red arrow) .
How It Works:
The indicator amalgamates these three powerful technical indicators to help traders identify potential entry or exit points. The green arrow its a buy signal and the red arrow is a sell signal.
By offering configurable settings and clear visual cues, this indicator assists traders in recognizing critical market conditions and potential trading opportunities.
Disclaimer: This indicator should be used as a tool in a broader trading strategy and not solely for making trading decisions. It's recommended to combine it with other technical or fundamental analysis for comprehensive trading decisions.
