This script plots multiple EMA's also it shows you when a particular EMA crosses up or below another EMA. You can customize the EMA's based on your setups or preferences. This script basically will help you easily identify when a particular EMA has crossed over or crossed under another EMA at one glance. Particularly useful when there is a lot of entanglement...
This is an indicator that flags the lowest Bollinger Bands Width value for a set number of bars back. This is based on my BBVV script seen here Each dot on the BBVV indicator marks the rolling "X"-period low in BBVV value. You can set "X" as any number of bars back in the settings of this indicator. This can be used to accurately predict when periods of...
Buy when the candle closes above upper BB Sell when the candle closes bellow lower BB Stop always on base line
Exponential Volume Weighted Average Price and Deviations. Selectable intervals (daily/weekly/monthly/yearly vwap). Options to change deviation multipliers and display interval closing values for the previous interval. Uses volume weighted EMA for the interval as the basis/vwap & exponential deviations calculated using the exponential vwap as the mean.
Simple strategy, Using Volume weighted Bollinger Bands > Directions for Usage: 1. Use only in scripts where volume is specified by tradingview 2. Check on which timeframe the script has a profit factor greater than 1.4 3. Use that timeframe for profitability 4. In some high liquid securities there is a decent profit factor even at 5 min scale (optimise at...
* Bollinger Bands Wide & Narrow apply a Simple Moving Average (SMA) on Bollinger Bands Width with same period of middle bands to regconize the bands are widening or narrowing. * "Bands Widening" is marked by green shade. * "Bands Narrowing" is marked by red shade.
This is Bollinger bandwidth indicator: Bandwidth = high-low/main I have added lowest and highest of N periods to programmatically identify bulge and squeeze. When bandwidth at N periods low, it is in squeeze. If bandwidth at N periods high, it is in bulge.
Uses a set of Bollinger Bands (user defined deviation, user defined deviation * 2) to determine possible entry set ups. Signals are triggered when price crosses the first band (closest to the baseline MA) in the desired direction. baseline can be your take profit 1 target The inside band determines entry and can be used as a take profit 2 target (Opposite side...
A slighty modified version of Better Bollinger Bands. The idea of the experiment was to do a thing like the well-known Vortex Indicator, but an overlay: Obvious trading rules are: go Long when the blue line is above other two go Short when the orange line is above other two stop when price crosses the basis line The tool is EXPERIMENTAL . Good luck!
Bollinger band with 1 and 2 standard deviation Default with 21 SMA Also count number of candlesticks of previous trend when crossing 1 standard deviation
This script is similar to the previous one "Bollinger Bands Money Flow Index" but it's a little easier to interpret. Fix the top line of the "BBMFI" to 1, and the bottom line to 0. Indicates where "Money Flow Index" is located between the top and bottom lines. If it's bigger than 1, it's overbuying. If it's less than 0, it's overselling. Consider a trade if you...
This script embodies the application of the Bollinger Band and Money Flow Index in John A. Bollinger's book "Bollinger on Bollinger Bands." "Bollinger on Bollinger Bands" suggests a relatively method of analysis by applying the Bollinger Band to an indicator. Here's one of the indicators, Money Flow Index. Money Flow Index is an indicator of overbuying and...
The double bollinger band indicator uses a normal bollinger band with a multitude of 2 and on outer band with a multitude of 3. The indicator shows momentum by the price being stuck between the higher or lower bands. If price is in the middle then it is a neutral zone. The band's moving average is a default of 20 sma but included there are two extra simple moving...
Transaction setup parameters Time frame: M5, M15 Currency pair: Any except XAU/USD Trading strategies === BUY === Price break out of the lower Bollinger Bands The Pinbar reversal candlestick appears and closes the candle on the lower Bollinger Bands Stop loss: Nearest bottom + 3-5 pips Profit target: 10-20 pips === SELL === Price break...
This strategy was inspired by ParallaxFX. This strategy attempts to predict when a price reversal will happen. It uses bollinger bands, stochastics and candle formations. The idea is that when an indecision candle, such as a doji, crosses outside the bollinger bands, then is followed by another candle that pushed sharply back inside the bands, you have a setup. ...
Median Absolute Deviation (MAD) is a robust measurement of variability and more resilient against outliers and small samples. This experiment uses MAD as a means of filtering outliers from an SMA calculation. First we construct the equivalent of a Bollinger Band, but based on the median as the basis and a multiple( k ) of MAD as the outlier cutoff. k can be...
This is the optimized version of my MTFSBB indicator with capability of possible bands prediction in case of negative shifting (to the left). Make me happy by using it and sending me your ideas about the prediction.