There is an important information the Squeeze indicator is missing, which is the Pre Squeeze entry. While the Bollinger band begins to curves out of the KC, The breakout usually happens. There are many instances that the Squeeze indicator will fire, after the Major move, I cant blame the indicator, thats the nature (lagging) of all indicators, and we have to live...
As we know, %b is a measure of where prices are in relation to the outer Bollinger bands and therefore strongly related to volatility. This can get choppy, though.
Vervoort smoothed this using Zero lag TEMA of custom Heiken-ashi recalculated prices. According to Vervoort, "Smoothed Vervoort %b is often a leading indicator making smooth moves with clear turning...
The CCT Bollinger Band Oscillator (CCTBO), developed by Steve Karnish of Cedar Creek Trading, reconfigures John Bollinger's classic Bollinger Bands (envelopes plotted at two Standard Deviations above and below a moving average) by drawing two parallel lines replacing the envelopes. The parallel lines represent a measurement of two Standard Deviations from the mean...
This is an indicator I made, based on the observation that the longer the price action hugs the bottom bollinger band, the greater the danger of a breakdown occurring (price decline). Essentially its a moving average of the difference between close price and the bottom bollinger band, divided by the bottom bollinger band; I like to use 1.5 standard deviations for...
Most the credit for this update has to go to RicardoSantos and his awesome RSIChannel + some fixes to my own which I embedded to my my own script.. I've also embedded the additional Bollinger band 50/2. What can I say it's becoming a thing of beauty :).
RicardoSantos's RSIChannel indicator is also included separately (hidden) should you chose to 'Make it mine'...
Custom script I fabricated which I use for Binary Trading on the 1m & 3m charts together with Price action & Time management but the principles are the same for all mediums. Use Price action buy/sell in the clear zones. Use the outer 'pink' horizontal lines (highs / lows / pivots points) to place SL's.
I personally run an additional BB 50/2 for clearer BB higher...
Bollinger bands that are fixed to a time interval. The time interval can be set in minutes or days.
Parameters
Daily Interval: If checked then days are used for the interval. If unchecked then minutes will be used.
Interval: The interval to use for the indicator.
*** ***
Bollinger Bands (BB) usually expand quickly after a volatility increase but contract more slowly as volatility declines. This extended time it takes for BB to contract after a volatility drop can make trading some instruments using BB alone difficult or less profitable.
In the October 1998 issue of "Futures" there is an article written by Dennis...
BBImpulse is part of the latest indicators package offered by John Bollinger. Excerpt from their market blurb (www.bbforex.com):
"BBImpulse is derived from %b. Its value is the periodic change of %b, so if %b was 0.45 this period and 0.20 last period the present value of BBImpulse is 0.25. We present two reference levels on the chart, an alert level and an...
To use this indicator. Set pending orders to enter at "Entry", stoploss at "Stop", and profit at "Exit". Close pending order after 10 bars if it doesn't open.
Please use this at your own risk. By using this indicator you are agreeing that I am in no way liable for any financial losses that may occur indirectly or directly as a result of using this...
This is my custom channel (Bear Channel!? :)) derived from BB/STARC. It uses both ATR/STDEV for plotting the bounds.
I use COG (Center of Gravity) for deriving the baseline. This enables it to track the price action better than many other channels that make use of MAs or simply "close". Indicator also marks "squeezes" (stdev bands come inside ATR bands). Pay...
Indicator allows choosing either MFI or RSI and draws a BB over it to identify oversold / overbought conditions.
Oversold/Overbought breaches are highlighted using different colors for easy identification. Has helped me a lot during sudden pumps to identify the tops, hope you find a use for this.
**** [Edit: New version (v02) posted, see the comments section for the code *****
Simple strategy. You only consider taking a squeeze play when both the upper and lower Bollinger Bands go inside the Keltner Channel. When the Bollinger Bands (BOTH lines) start to come out of the Keltner Channel, the squeeze has been released and a move is about to take place.
I...
![BTCUSD: Vervoort Smoothed %b [LazyBear]](https://s3.tradingview.com/s/sDPe1PDd_mid.png "Vervoort Smoothed %b [LazyBear]")
![BTCUSD: DEnvelope [Better Bollinger Bands]](https://s3.tradingview.com/d/dK1uhbN8_mid.png "DEnvelope [Better Bollinger Bands]")
