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Bollinger Bands (BB)

Bollinger Bands Strategy - CohenIndicator based on the “Prince of NY” strategy developed by Rodrigo Cohen . It consists in the use of Bollinger Bands, combined with a coloring rule to indicate places of purchase and sale. An entry signal is given when a candle close outside the band, where, if the next one closes inside, there is the entrance, looking for the MA or the other band. Red candle - indicates a sell signal. Green candle - indicates a buy signal.
Pine Script™ indicator
by LucasZancheta
3
CBG Swing HighLow MAThis indicator will show the swing high and lows for the number of bars back. It's very easy to use and shows good support and resistance levels. I then took it a step further and added a moving average with all the standard types in my indicators: SMA EMA Weighted Hull Symmetrical Volume Weighted Wilder Linear Regression I then added Bollinger Bands to show the standard deviation from the midline. Finally, I added a simple bar coloring scheme: green if above the upper BB, Red if below and orange if in the middle. I am just testing this out so please use with caution. If anyone in the community wants to run some backtests, that would be great and we would all appreciate it. Of course you can keep it all simple and turn off all the moving averages and bollinger bands. Enjoy! :-)
Pine Script™ indicator
by GoldBands
5
Gap driven intraday trade (better in 15 Min chart)// Based on yesterday's High, Low, today's open, and Bollinger Band (20) in current minute chart, // Defined intraday Trading opportunity: Stop, Entry, T0, Target (S.E.T.T) // Back test in 60, 30, 15, 5 Min charts with SPY, QQQ, XOP, AAPL, TSLA, NVDA, UAL // In 60 and 30 min chart, the stop and target are too big. 5 min is too small. // 15 min Chart is the best time frame for this strategy; // ------------------------------------------------------------------------------- // There will be Four lines in this study: // 1. Entry Line, // 1.1 Green Color line to Buy, If today's open price above Yesterday's High, and current price below BB upper line. // 1.2 Red Color line to Short, if today's open price below Yesterday's Low, and current above BB Lower line. // // 2. Black line to show initial stop, one ATR in current min chart; // // 3. Blue Line (T0) to show where trader can move stop to make even, one ATR in current min chart; // // 4. Orange Line to show initial target, Three ATR in current min chart; // // Trading opportunity: // If Entry line is green color, Set stop buy order at today's Open; // Whenever price is below the green line, Prepare to buy; // // If Entry line is Red color, Set Stop short at today's Open; // Whenever price is above the red line, Prepare to short; // // Initial Stop: One ATR in min chart; // Initial T0: One ATR in min chart; // Initial Target: Three ATR in min chart; // Initial RRR: Reward Risk Ratio = 3:1; // // Maintain: Once the position moves to T0, Move stop to "Make even + Lunch (such as, Entry + $0.10)"; // Allow to move target bigger, such as, next demand/supply zone; // When near target or demand/supply zone or near Market close, move stop tightly; // // Close position: Limit order filled, or near Market Close, or trendline break; // // Key Step: Move stop to "Make even" after T0, Do not turn winner to loser; // Willing to "in and out" many times in one day, and trade the same direction, same price again and again. // // Basic trading platform requests: // To use this strategy, user needs to: // 1. Scan Stocks Before market open: // Prepare a watch list for top 10 ETF and Top 90 stocks which are most actively traded. // Stock might be limited by price range, Beta, optionable, ... // Before market open, Run a scan for these stocks, find which has GAP and inside BB; // create watch list for that day. // // 2. Attach OSO and OCO orders: // User needs to Send Entry, Stop (loss), and limit (target) orders at one time; // Order Send order ( OSO ): Entry order sends Stop order and limit order; // Order Cancel order ( OCO ): Stop order and limit order, when one is filled, it will cancel the other instantly;
Pine Script™ indicator
by PlanTradePlanMM
3
Short-Term Ichimoku Kinko-hyo+This Ichimoku Kinko-Hyo is an indicator which has been changed for short-term trading and, It has a “target price theory(one of three theory of Ichimoku Kinko-Hyo) function.” Also, In this indicator, It can be plotting the “Span model”, “Super Bollinger Bands” which has Invented by a Japanese currency dealer Toshihiko Masaki, And Moving Average. In addition, you can select setting only “clouds” and “Lagging span” or displaying Default Ichimoku Kinko-Hyo. This indicator is modified original Ichimoku Kinko-Hyo, but It made based on the true usage of Ichimoku Kinko-Hyo. For the evidence, I referred to the book supervised by Ichimoku-Sanjin the third generation. Describe below about features↓↓↓. - 2nd Cloud to check relation two Lead Lines and Lagging span. - Background-color for discovering “Three Roles Improvement (In Japanese: 三役好転)” and “Three Roles Reversal (In Japanese: 三役逆転)”. - Signal of Crossing Base Line and Conversion Line. - mode selection of Ichimoku Kinko Hyo. - Calculation feature for Target Price theory. - A switch to replace Base Line and Conversion Line with 3 Moving Average lines. - And others...
Pine Script™ indicator
by KobySK
4
JSE Top 40 Comparative Relative Strength RSI OscillatorThis code is the result of an idea by @MarcoOlivano. The question was that if putting the comparative relative strength as an RSI oscillator would help in understanding the relative strength of the stock to the overall market? As we both trade the JSE I have made the JSE:J200 or Top 40 the basis for comparison. This can be changed in the settings dropdown if you want to compare with the All Share Index (JSE:J201) or other markets such as the S&P. On the chart above I have included the Comparative Relative Strength as a reference together with the Comparative Relative Strength RSI. If you use the indicator or adapt it please let me know if it works for you, how you use it and if it has any value.
Pine Script™ indicator
by SteynTrade
1
Fancy Bollinger Bands [BigBitsIO]This script is for a Bollinger Band type indicator with as many features as I can possibly fit into a Bollinger Band type indicator. Features: - A single custom moving average serving as the middle band. - Standard MA inputs. - MA type. - MA period. - MA price. - MA resolution (time frame). - Visibility toggle. - MA Candle Type - Fancy MA inputs. - Toggle to show only candles included in the MA calculation ("Highlight inclusion") or display entire MA history. - Toggle to show a ghost trail when Highlight inclusion is toggled on. Displays a shaded version of past MA history before the inclusion period (as seen on snapshot). - Toggle to show forecast values for the MA. - Other inputs related to forecasting: - Forecast bias. (Neutral forecasts MA if the current price remains the same.) - Forecast period. - Forecast magnitude. - Toggle showing details on the screen - Toggle the visibility of the fill between the upper and lower bands. - Toggle to use ATR instead of the standard deviation to calculate the location of the upper and lower bands. - Custom input for the ATR period. A couple of quick notes. The label will only show up if toggled on, and will always show above the highest of either the candle high or upper band. The fill colors are based on the level of %B currently on the indicator. Higher levels are green, and brighter green, while lower levels are red and brighter red. The fill is lighter in shadow areas to reflect their status as not being included in the middle band calculation. *** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
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Pine Script™ indicator
by BigBitsIO
13
Bollinger Channels / EMA and SMAThis is written as a system to replace the BB strategy. I think it will work well. It looks pretty stylish. Description / Usage: Adjust the length and multiplier based on your location with Bollinger Bands. The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA). And with the 8-day exponential moving average, you can observe short entries and exits. I wish good luck to the friends who will use it. You can support and track new indicators. Bu, BB stratejisinin yerini alacak bir sistem olarak yazılmıştır. Oldukça şık görünüyor. Kullanım Bollinger Bantları ile bulunduğunuz yere göre uzunluk ve çarpanı ayarlayın. 1 çarpanı size yüksek ve düşük kaynaklı EMA (veya SMA) içeren temel bir kanal sağlar. Ve 8 günlük üstel hareketli ortalama ile kısa giriş ve çıkışları gözlemleyebilirsiniz. Kullanacak arkadaşlara bol kazançlar diliyorum. Yeni indikatör için destek olabilir ve takip edebilirsiniz.
Pine Script™ indicator
by Merchant_Captain_Jack
2
Mean Reversion w/ Bollinger BandsThis is a more advanced version of my original mean reversion script. It employs the famous Bollinger Bands. This robot will buy when price falls below the lower Bollinger Band, and sell when price moves above the upper Bollinger Band. I've only tested it on the S&P 500, though you could try it out on other assets to see the backtest performance. During the recent COVID-19 bear market drop, it produced several buy signals on the S&P which I followed, and made some nice gains so far. I still think this would make a better investing strategy (buy undervalued / sell over-valued), rather than a trading strategy. I use this robot for my long term portfolio.
Pine Script™ strategy
by TsangYouJun
13
Mean Absolute Deviation BandsThe other way to build bands around price that uses Mean Absolute Deviation instead of Standard Deviation. MAD is also a measure of variability, but less frequently used. MAD is better for use with distributions other than the Gaussian. MAD is always less than or equal to Standard Deviation and the resulting bands are more tighter for the same parameters if we compare it to Bollinger Bands. If you use band stops this can be useful.
Pine Script™ indicator
by everget
5
(JS) Squeeze Pro OverlaysSo this was something I planned on doing in the future, I knew it would take some time to put together but here it is, the Squeeze Pro 2 Overlays. On my original Squeeze Pro, I had made several overlay indicators to go along with it, this time my goal was to combine all that stuff into a single indicator and allow the user to turn on and off the specific features they'd prefer to use. The version illustrated in the preview has everything turned on. What is "everything"? Here's the breakdown... First of all - the color schemes in the Squeeze Pro match the color schemes in the Overlays indicator, so you can match them up (Color Scheme 3 in example). There are 6 schemes, option 1 is the original Squeeze colors. There's also an option to make the light squeeze black, rather than white. This is for people who aren't using Dark Mode. It will flip all white to black, to make your charts better to read! So there are 4 main overlays that can be switched on and off with this indicator, they include; 1. Early Signal Candles 2. BBMA Basis Line 3. Bollinger Bands/Keltner Channel Breaches 4. Signal Arrows Early Signal Candles The Early Signal Candles have two parameters, the entry smoothing period and the exit smoothing period. There is a different type of early entry signal for each type of squeeze. Low Squeeze generates white dots on the highs of the candles. Mid Squeeze generates a lime green candle (or purple candle in color scheme 3). High Squeeze generates a bigger purple circle on the high of the candle. These three signals are made to mimic the original Early In/Out Candles from John Carter and represent the same thing (they work the same way). As for the early exit, that would be determined by the color of the candle vs the color of the squeeze, works the same way as the original as well. BBMA Basis Line The BBMA (Bollinger Bands Momentum Average) was a moving average I had made to use with the squeeze on the previous version. It is the basis line of the BB and KC used to make up the Squeeze (a 20 SMA). There are 4 different colors to it on this version. 1. Orange - This means no squeeze. 2. White/Black - Low Squeeze 3. Red - Mid Squeeze 4. Yellow - High Squeeze You'll also notice these colors are light and dark in different spots - this is a representation of whether the Bollinger Bands are expanding or contracting. Dark means expanding, light means contracting. Bollinger Bands/Keltner Channel Breaches This is a pretty simple feature. If there is an ongoing squeeze, and a candle closes above or below the Bollinger Bands or Keltner Channels, a circle appears at the top or the bottom of the chart telling you which way the channel has been breached. Signal Arrows This is what makes up most of the overlay indicator. If you turn it on, the default is set to work just like the original. There are lots of options with this though. First, you can turn each type of Squeeze Arrow on or off by checking/unchecking the boxes for them. Now allow me to explain the "Signal Length", as there are several options. The default is "6 Dots", this generates a signal when a particular type of Squeeze reaches the 6th dot ("12 Dots" works the same way). "End of Squeeze" generates a signal once a type of Squeeze has concluded. "End of Early Signal" generates a signal when the early dots (or candle) finishes. "Custom" allows you to select your own dot duration to produce a signal, you select that number in the field below. The other portion of this is the "Signal Type", this is where you select how each signal is generated once the selected amount of time takes place. The default is the same as the original "+/-", this generates a signal based on whether Squeeze momentum is positive or negative. "Rising/Falling" will only generate a signal if the Squeeze momentum maintains consistently over the last 6 bars. "Crossed Zero" only generates a signal if the Squeeze momentum crosses above or below the zero line. "Basis Line Momentum" is based on the BBMA. A signal is generated based on whether the current candle closes above or below the basis line. "Divergence" only generates a signal if there is a divergence signal present at the time of the signal. "Current Momentum" generates a signal based simply on the current direction of Squeeze momentum. "Sum of Change" generates a signal based on the sum of the change in the Squeeze momentum being positive (long) or negative (short) over the length of time you select in the "Sum of Change Length" field. Then "Combo" tries to take a look at everything and generates a score based on these parameters. Positive score = long, negative = short. I hope I gave a detailed enough explanation on how everything works, let me know if you have any questions! Hope you like it!
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Pine Script™ indicator
by J-Streak
31