This script tells you what standard deviation the price is from the mean. Due to the limitations of the calculations this study only works for stocks. Further limitations include and inability to calculate past 10 deviation. I have added a smoothing feature and the ability to change the colors. Dont be afraid to change the style to line instead of a histogram. Enjoy!
only educational purpose this script have more win rate in 15min time frame best for scalping
Features / Settings included :
- Ability to change settings from a commodity market (default) to an altcoin or forex market.
- Backtest time period selector component
- Heiken Ashi Candles on/off
- Moving Average Strategy on/off
- Bollinger Bands Strategy on/off
* Arnaud Legoux Moving Average
* Moving Average Exponential
* Bollinger Bands
* Plot symbols to candles that moves away from Bollinger Bands
* Enabled alert to give signals regarding Bollinger Bands play
There is a room for improvement!
Please email me for request of enhancement: firstname.lastname@example.org
Wikipedia: Bollinger Bands are a type of statistical chart characterizing the prices and volatility over time of a financial instrument or commodity, using a formulaic method propounded by John Bollinger in the 1980s. Financial traders employ these charts as a methodical tool to inform trading decisions, control automated trading systems, or as a component of...
To use EMA with band you need to set input parameter named as "TypeOfMa" to 1.
If you set TypeOfMa = 1 then it will use EMA average for Bollinger bands.
If you set TypeOfMa = 0 then it will use MA average for Bollinger bands.
This indicator marks what is known as the BB system - Marks on your chart the premarket high and low, current intraday high and low and yesterday's high and low. For the style of the line you can only change the colour, if you make the line a different style it shouldn't show up because if it did it makes the lines ugly.
Pick and select which levels you would...
This type of moving average was originally developed by Dennis McNicholl (Futures Magazine, (October, 1998): "Better Bollinger Bands"). A kind of TEMA. He used it as a centerline of the new bands, called Better Bollinger Bands or DEnvelope. The Better Bollinger Bands is a modification of the well-known Bollinger Bands that has a better response for changes in volatility.
In this strategy, 15 indicators are used, each giving its results as a numerical value, which then is added or subtracted from the total points, gathered from all 15 indicators.
Many thanks to RafaelZioni for his great work making the EasySys1 script which i modified to create this script.
Onchart is drawn some of the indicators, but not all, a info panel is...
Simple histogram, showing Squeeze of Bollinger Bands.
Usage is simple - when price is in Squeeze, no entries in any direction. For using with Bollinger Bands indicator, including binary options.
Простой индикатор, наглядной отображающий стадию Сжатия лент Боллинджера.
Простой в использовании - когда цена в Сжатии - не входим в сделку. Особенно...
Hello my fellow investors,
After hours of reading, backtesting, and YouTube video watching I discovered that EMA, VWAP, BB, MACD, and STC produce the most consistent results for investment planning. This strategy allows you to pick between the aforementioned indicators or layer them together.
It works on the pricipal of:
1) Always follow the market trend -...
Sideways detection indicator using Bollinger bands .
In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend.
If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or...
It is an indicator that simultaneously displays the Bollinger Bands (BB) and Keltner Channel (KC) calculated for the log scale.
* If you need the normal scale version, please turn off the log mode in the settings.
I think the usage is the same as normal BB and KC.
From here, it ’s an original way of thinking.
I thought about countermeasures for the phenomenon...
We have just released an innovative strategy for TradingView. It allows you to identify price pivot points and volatility.
This strategy is:
Equipped with Bollinger Bands and smoothed ATR to measure volatility
Thanks to the BB Fibo strategy, you can:
Trade stocks and commodities.
This idea originally by ChartArt on January 14, 2015 as Strategy, and I modify it to become as Signals on 26 July 2019.
This signals uses a modified RSI to sell when the RSI increases over the value of 60 (or to buy when the value falls below 40), with the classic Bollinger Bands strategy to sell when the price is above the upper Bollinger Band (and to buy when...
I don't expect to iterate any further on this script, unless any weird issue crops up.
Description and usage detailed in the comments at the top of the script. Cheers!
To repaint or not to repaint, all the relevant sources are exposed as inputs for customisation - so the choice is yours.
This is a combination of indicators used to find oversold and overbought entry points for possible reversion.
A Green arrow will appear when all condition are met for an ENTER LONG position.
A Red arow will appear when all condition are met for an ENTER SHORT position.
You can modify all of these condition parameters from the indicator's settings.