If your trading strategy is to sell the RIPs and buy the DIPs, this is an indicator for you. This is based on the multi band indicator present here: Code is simplified to generate as many bands as possible and hence divide price into as many states as possible based on these bands. Moving Average Type defines what moving average to be considered for Bollinger...
This is the defaut keltners channel strategy with a few additions. The main purpose is to show how we include the Kelly ratio into our scripts for dynamic position sizing based on the performance of the strategy on a per trade basis. We've also included the usual take-profit and stop-loss parameters in the event you want to play a little :) We hope this helps...
Change Channel is like KC unless it uses percentage changes in price to set channel distance. Midline is zero-lag smoothed ROC with dynamic period based on MA Streak indicator, if MA Streak shows an ongoing trend, midline going strong and break out the channel. Consider using ▲ green areas as a signal to buy and ▼ red areas as a sell signal. It works best...
Companion script for Squeeze Momentum Indicator that plots the signal on chart.
Script Modified from LazyBear Original TTM Sqz Script
EN: This Algorithm is a derivative of John Carter's "TTM Squeeze" volatility indicator. Many strategists have taken the indicator on Tradingview with simple moving averages and have looked at the biggest mistake only by dealing with squeeze and exit processes to squeeze. But I used the algorithm to determine where the markets would actually explode. For example,...
EN: This Algorithm is a derivative of John Carter's "TTM Squeeze" volatility indicator. Many strategists have taken the indicator on Tradingview with simple moving averages and have looked at the biggest mistake only by dealing with squeeze and exit processes to squeeze. But I used the algorithm to determine where the markets would actually explode. For example,...
This indicator uses different volatility channels - Bollinger Band, Donchian Channel and Keltner Channel width to measure volatility. Indicator plots channel bandwidth percentage with respect to close price. This is not same as Bollinger Percent B - which is measure of where price is with respect to band. Instead this indicator is similar to ATR Percent...
Another adoption of supertrend. This time based on different channels - Bollinger Band, Keltner Channel, Donchian Channel and Pivot point based Donchian channel. When price hits top of bands, it is considered as start or continuation of uptrend. When price hits bottom of the band it is considered as start or continuation of downtrend. Hence, supertrend is drawn...
This is a series of three Keltner channels, which are essentially sets of EMAs with a multiplier to spread them for dynamic support and resistance structures. Keltner can be used similarly to Bollinger Bands, but price can remain outside of the EMA range for extended periods of time. Users can change the collective resolution, individual length, individual...
This is a Multi Time Frame squeeze strategy that has been consistently catching large BTC and ETH moves. It's building up on the basic squeeze play of both the upper and lower Bollinger Bands going inside the Keltner Channel and in one indicator quickly seeing when both Bollinger Bands start to come out of the Keltner channel and positioning us for the large...
Risk/reward: 1/1.3 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 70/15 | Adx: 31/9/9 | Notrade friday Max risk: 3% - Risk / reward: 1 / 1.3. 1. Trend identification: ... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry. ... Stochastic: ...... k> 70: Uptrend. k <15: Down trend. ... ADX: 31...
Putting multiple bollinger bands/keltener channels together helps visualize the relative price movement. I have also used this in my BuyTheDip V2 strategy to measure dip and bounce back. 7 Standard deviation is used here. These are calculated based on the input fields StdDevStart and StdDevStep .
This indicator is an updated version and alternative to the ETS Trending Arrows indicator that contains the results of years of trial and error to create an indicator aiming to mimic market entry points that a professional trader would take. It has arrows to clearly show potential market entry points, and suggested stop-loss levels. This particular updated...
█ OVERVIEW This is Screener script for Mean Reversion Channel Indicator █ Description & How To Use The screener works by scanning through up to 40 symbols and list down symbols that are currently within Overbought/Oversold Zone as defined by Mean Reversion Channel indicator. The Overbought/Oversold Zone are further categorized and sorted by: Strong :...
This is a long-only strategy tested on LINK/USDT, 1 hour bar, from Feb 2019. The entry is determined by the breakout of upper Keltnel Channel and when the +DI is higher than 32. Instead of a fixed stop-loss from the original script , I change the exit to the middle band of the Keltnel Channel. 1st profit target will close 20% of the position. 2nd profit target...
Description : Mean Reversion Channel objective, based on Mean Reversion theory ( everything has a tendency to revert back to its mean), is to help visualizing: Inner Channel -> Dynamic Support and Resistance Outer Channel -> Overbought/Oversold Zone which may signal consolidation phase or potential reversal due to unsustainable move Details on some of...
This is an overlay indicator showing a strong potential for entry into an option spread trade. 2 background shadings will occur: The background will shade blue if the ticker is prime for a Bullish Call spread. The background will shade purple if the the ticker is prime for a Bearish Put spread. In theory, if the SE Strength is at one of the extremes of the Bear...