A simple chart-based strategy, which capitalizes on trend change. Based on Azeez Mustapha's article featured in Stocks & Commodities Oct 2021 issue. This indicator consists of three tools: a simple moving average (SMA), price envelopes, and Bollinger Bands. Please note that this strategy only works in trending markets. What is a trending market? A trending...
This script is created to demonstrate usage of enhanced ta library which is present here : Following custom indicators are populated in this script: ma (Select moving average) atr/atrpercent (With custom moving average) bands - Bollinger Band, Keltner Channel, Donchian Channel (All with enhanced versions and additional options) bandwidth - Bandwidth...
This is a powerful tool if combined with other parameters. It's an advanced version of an RSI . It shows OB and OS conditions and price direction or shift of the trend. This indicator can be used in various ways with all markets. The current settings are designed to work with futures market. Combined with our TSI and Price action, RSI OBLIVION is the most...
Find lows based on divergence on bollinger bands . Works great on stocks and index, no success on forex. Different stock/index requires different values. Exit is not perfect, often on the safer side. Example settings: NASDAQ:OMXS30, 30m: 25 0.452 0.42 0.453 2 62 20 Lower bbrower = buys harder dips, too low will cause buy during fall. Higher bbrhigher = buys on...
Thank you @Lazybear for the calculations for squeeze and BB, and all of the other great pine-coders who inspired me to create my own indicator to share! This is the result of hours of work learning to code pine and tweaking until everything fits exactly what I was looking for. After using it for a while and seeing the benefits personally, I figured now might be a...
A Very Simple Strategy From Moving Average - Price Breakout Upper Band = Long - Price Breakout Lower Band = Short Moving Average Type = Able to Change RMA, EMA, SMA, WMA Moving Average Period = Able to Change Upper Band & Lower Band Gap = Able to Change With Stop Lose & Take Profit = Able to Change
Better Bollinger Bands (BBB) This script is a modification of classic Bollinger Bands (BB). CHARACTERISTICS Main improvement over BB: There is no need to introduce a standard deviation multiplier (usually 2). Here, only a length is needed (usually 20 bars for BB). Other features: The type of moving average can be selected: sma, ema, vwma, wma or...
The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit. The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change. ENTRY The buy order is placed on assets that have...
Japanese below / 日本語説明は下記 Bollinger bands with customizable expansion signals What’s new in this indicator? This indicator allows users to customize Bollinger bands expansion signal with the conditions below. 1. Target bands Which bands should be considered as expansion when price crossing? Available options are plus/minus 1-3 σ. 2. Price Which price...
Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. Essentially, Moving Averages smooth out the “noise” when trying to interpret charts. Noise is made up of...
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...
A very simple and highly effective strategy that combines 3 famous indicators: MACD Bollinger Bands RSI Entry conditions are: The MACD line crosses over the signal line. RSI less than 50 Price below the BB baseline Exit conditions are: RSI greater than 70 Closing price higher than the upper BB Or when the price hits the Stop Loss...
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...
This is crypto and stock market trending strategy designed for long timeframes such as 4h+ From my tests it looks like it works better to trade crypto against crypto than trading against fiat. Indicators used: RSI for rising/falling of the trend BB sidemarket ROC sidemarket Rules for entry For long: RSI values are rising, and bb and roc tells us we are not in a...
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...
Many technical indicators can be profitable in certain market conditions while failing in others. No indicator is perfect alone. All the best trading strategies involve multiple indicators and leverage the benefit of each of them. The following is an optimised strategy based on Bollinger Bands and the Aroon indicator. The Bollinger Bands are among the most...