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Bollinger Bands (BB)

Bollinger Band Clouds [vnhilton]I recommend to turn off 'Labels on price scale' & 'Values in status line' as this indicator's intended use is for visualizing volatility in the form of overextensions & pullbacks only. Default settings for intraday use - however you can change various settings for your personal use. Bollinger bands is a volatility indicator which plots X standard deviation bands away from the base moving average. When price isn't volatile, bands are compressed (closer to base moving average), & expand when volatility starts to increase - this makes Bollinger bands a great visual indicator for displaying volatility cycles. Although prices aren't normally distributed (i.e. 2 standard deviation bands won't mean 95% of price will lie within the bands), Bollinger bands can be useful to show strong abnormal trends when price is outside the bands, which can be seen as overextensions & will have to retrace sooner or later, towards the moving averages. Price trends within bands are seen as healthy trends (price grinds fit this description). This indicator creates clouds (fill) between 2 different moving average standard deviation bands. The idea is to better visualize strong trends/overextensions as the shorter period standard deviation bands will be outside the longer period bands. This indicator also provides bar color changes for when the bar close is outside the longer period standard deviation bands to help illustrate the strong trends/overextensions. The chart snapshot image shows standard deviation clouds for a 10-20 period SMA. This indicator also allows for better visualization on pullbacks to the mean, by giving a MA cloud between the 2 short & long period MAs.
Pine Script™ indicator
by vnhilton
1
Trendlines Boll Ichi S1 by GammaprodI. How to use this indicator : ------------------------------ I.1. Set your teadingview theme to dark theme. I.2. Gammaprod indicator is valid for forex, stock and but more valid for crypto. I.3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for Swing Trading I.4 Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) : - Trendlines Boll Ichi S1 by Gammaprod - MACD Volume S2 by Gammaprod - Stoch RSI Divs Zone S2 by Gammaprod ============================================================================ II. How to setting : -------------------- II.1. Trendlines Boll Ichi Crypto by Gammaprod II.1.A. Support and Resistance - Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more II.1.B. Trendlines Primary or Trendlines Secondary - Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary - Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support). - Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support). - Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support). II.1.C. Bollinger, Ichimoku Cloud and Lagging Span - Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below) II.2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT) II.3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT) ============================================================================ III. How to read : ------------------ III.1. Sell or Buy Priority : III.1.A. Sell Priority - Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell) III.1.B. Buy Priority - Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy) III.1.C. Indecision / Golden Moment - Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please be careful at this moment. III.2. Trend / Consolidation : III.2.A. BULLISH trend - When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle. III.2.B. BEARISH trend - When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle. III.2.C. CONSOLIDATION - When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle. III.3. Special Mark III.3.A. Ideal Bullish : - Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy III.3.B. Not an Ideal Bullish : - Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern III.3.C. Ideal Bearish : - Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position. III.3.D. Not an Ideal Bearish: - Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern III.3.E. The Beginning of Reversal (from BEARISH to BULLISH) : - When Stoch RSI line shaping GREEN position is near 20. - MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE. - Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment). III.3.F. The Beginning of Reversal (from BULLISH to BEARISH) : - When Stoch RSI line shaping PINK position is near 80. - MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN. - Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment). III.3.G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger): - Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell ============================================================================ IV. How to OPEN position: ------------------------- IV.1. Bullish IV.1.A. Trendlines Boll Ichi S1 by Gammaprod - The candles above the green cloud. - Lagging span (red line) above the candles. - then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below). IV.1.B. MACD Volume S2 by Gammaprod - Teal or Green background. - The lines is shaped or shaping green. - Better if at the green histogram. IV.1.C. Stoch RSI Divs Zone S3 by Gammaprod - Teal or Green background. - The lines is shaping green. - Better if on the bottom (at a range 20). IV.2. Bearish IV.2.A. Trendlines Boll Ichi S1 by Gammaprod - The candles below the purple cloud. - Lagging span (red line) below the candles. - then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below). IV.2.B. MACD Volume S2 by Gammaprod - Pink or purple background. - The lines are shaped or shaping green. - Better if at the pink histogram. IV.2.C. Stoch RSI Divs Zone S3 by Gammaprod - Pink or purple background. - The lines are shaping pink. - Better if the line on the top (at a range 80). IV.3. Consolidation IV.3.A. Trendlines Boll Ichi S1 by Gammaprod - The candles on the cloud (green or purple). - Lagging span (red line) on the candles. - then open buy near the white or blue line (always confirm the position with two other indicators below). IV.3.B. MACD Volume S2 by Gammaprod - Changing the background. - The line is near the middle line. - Have small Histogram. IV.3.C. Stoch RSI Divs Zone S3 by Gammaprod - Mix background specially on a timeframe 15m or more. - The line move fast up and down. - Better if on the bottom or the top of the lines (at a range 20 or 80). ============================================================================ >> The secret ingredient is comparing the timeframe : The example scalping (Timeframe 1m, 5m and 15m) - TF 1m is for making an open position. - TF 5m is for making a judgement of the trend market. - TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal. There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit chars on this column, I hope it will help your trading and make a more profit on it.
Pine Script™ indicator
by Gammaprod
16
Bollinger Bands Breakout Oscillator [LuxAlgo]The Bollinger Bands Breakout Oscillator is an oscillator returning two series quantifying the significance of breakouts between the price and the extremities of the Bollinger Bands indicator. Settings Length: Period of the Bollinger Bands indicator Mult: Controls the width of the Bollinger Bands Src: Input source of the indicator Usage Each series is calculated by summing the distance between price and a respective Bollinger Bands extremity in the case price is outside this extremity and divided by the sum of the absolute distance between price and a respective extremity. This sum is done over the most recent Length bars. Bullish breakouts are represented by the green areas of the indicator, while bearish breakouts are represented by the red areas of the indicator. The oscillator can determine the presence of an uptrend when the bullish area is superior to the bearish area, while a downtrend is indicated by a bearish area being superior to the bullish one. The significance of the breakout is determined by the amplitude of each area, with higher amplitudes indicating more significant breakouts or strong trends. Using higher Mult values would naturally return wider bands, which would induce less frequent breakouts, this would be highlighted by the oscillator. In the chart above we can see the oscillator using a multiplicative factor of 2.
Pine Script™ indicator
by LuxAlgo
21
Bollinger but BetterA better Bollinger Band with an average of 20 EMAs as pivot price, which makes its standard deviation way more sensitive compared to traditional Bollinger Band. -- My Tips -- Long flat convergence suggests a big potential price movement. Short quick convergence of short supportive ema(default: 10days) and upper band suggests a safe middle entry point. Recommended auxiliary indicator: Wavetrend by Lazybear, which points out entry and exit points quite accurately in bull market. -- PS -- This system is a hybrid of EMA Ribbons and Bollinger Band.
Pine Script™ indicator
by Loadstarto
1
Adaptive Jurik Filter Volatility Bands [Loxx]Adaptive Jurik Filter Volatility Bands uses Jurik Volty and Adaptive, Double Jurik Filter Moving Average (AJFMA) to derive Jurik Filter smoothed volatility channels around an Adaptive Jurik Filter Moving Average. Bands are placed at 1, 2, and 3 deviations from the core basline. What is Jurik Volty? One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive. What is the Jurik Moving Average? Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines. Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits. In other words, late comers get what's left on the table after the feast has already begun. That's why investors, banks and institutions worldwide ask for the Jurik Research Moving Average ( JMA ). You may apply it just as you would any other popular moving average. However, JMA's improved timing and smoothness will astound you. What is adaptive Jurik volatility? One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive. What is an adaptive cycle, and what is Ehlers Autocorrelation Periodogram Algorithm? From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 135: "Adaptive filters can have several different meanings. For example, Perry Kaufman’s adaptive moving average ( KAMA ) and Tushar Chande’s variable index dynamic average ( VIDYA ) adapt to changes in volatility . By definition, these filters are reactive to price changes, and therefore they close the barn door after the horse is gone.The adaptive filters discussed in this chapter are the familiar Stochastic , relative strength index ( RSI ), commodity channel index ( CCI ), and band-pass filter.The key parameter in each case is the look-back period used to calculate the indicator. This look-back period is commonly a fixed value. However, since the measured cycle period is changing, it makes sense to adapt these indicators to the measured cycle period. When tradable market cycles are observed, they tend to persist for a short while.Therefore, by tuning the indicators to the measure cycle period they are optimized for current conditions and can even have predictive characteristics. The dominant cycle period is measured using the Autocorrelation Periodogram Algorithm. That dominant cycle dynamically sets the look-back period for the indicators. I employ my own streamlined computation for the indicators that provide smoother and easier to interpret outputs than traditional methods. Further, the indicator codes have been modified to remove the effects of spectral dilation.This basically creates a whole new set of indicators for your trading arsenal." Included - UI options to shut off colors and bands
Pine Script™ indicator
by loxx
2
Bollinger CloudsThis indicator plots Bollinger Bands for your current timeframe (e.g 5 minutes) and also plots the Bollinger Bands for a higher timeframe (15 minutes for 5 minute timeframe). Then the gaps between the current and higher timeframe upper and lower bands is filled to create clouds which can be used as entry zones. Like Bollinger Bands, this indicator shouldn't be solely used for entries, use it in conjunction with other indicators. Bollinger Band Timeframes Current / Higher 1 minute / 5 minutes 3 minutes / 10 minutes 5 minutes / 15 minutes 10 minutes / 30 minutes 15 minutes / 1 hour 30 minutes / 2 hours 45 minutes / 1.5 hours 1 hour / 4 hours 2 hours / 8 hours 2.5 hours / 10 hours 4 hours / 1 Day 1 Day / 3 Days 3 Days / 9 Days 5 Days / 2 Weeks 1 Week / 1 Month
Pine Script™ indicator
by LittleSympathy
MACD Indicator for 5 Min ScalpThis Indicator merges the 1 min MACD with BollingerBands to dedect a bigger than avarage tick on the Macd for the 5 min Scalping Strategy You can change the length of the bollinger bands for the upper and lower channel individually so that you can get better signals if a tick is bigger than avarage it will be colored, else it would be gray this is the same indicator i used to get entrys in my 5 min scalping statagy, but i wouldnt just go in a trade when there is a bigger than usual tick. You have to look at other things to
Pine Script™ indicator
by Coachman0912
two BollingersThe Double Bollinger Band consists of an average and two Bollingers and two backgrounds, each of which has separate settings and can be approved more strongly for trades. Moves and vice versa. With the price chart coming out of the second band, the price is much more likely to move in the same direction. To use this feature, we had to use two Bollinger indicators with different settings at the same time, but we no longer need to do this with the Double Bollinger . Its main use is crypto, but it can be used in all markets
Pine Script™ indicator
by Ehsan_Haghi
Keltner Channel Width Oscillator (KingThies)Definition The Keltner Channel Width oscillator is a technical analysis indicator derived originally from the same relationship the Bollinger Band Width indicator takes on Bollinger Bands. Similar to the Bollinger Bands, Kelts measure volatility in relation to price, and factor in various range calculations to create three bands around the price of a given stock or digital asset. The Middle Line is typically a 20 Day Exponential Moving Average while the upper and lower bands highlight price at different range variations around its basis. Keltner Channel Width serve as a way to quantitatively measure the width between the Upper and Lower Bands and identify opportunities for entires and exits, based on the relative range price is experiencing that day. Calculation Kelt Channel Width = (Upper Band - Lower Band) / Middle Band More on Keltner Channels Keltner channel was first described by a Chicago grain trader called Chester W. Keltner in his 1960 book How to Make Money in Commodities. Though Keltner claimed no ownership of the original idea and simply called it the ten-day moving average trading rule, his name was applied by those who heard of this concept through his books. Similarly to the Bollinger Bands, Keltner channel is a technical analysis tool based on three parallel lines. In fact, the Keltner indicator consists of a central moving average in addition to channel lines spread above and below it. The central line represents a 10-day simple moving average of what Chester W. Keltner called typical price. The typical price is defined as the average of the high, low and close. The distance between the central line and the upper, or lower line, is equivalent to the simple moving average of the preceding 10 days' trading ranges. One way to interpret the Keltner Channel would be to consider the price breakouts outside of the channel. A trader would track price movement and consider any close above the upper line as a strong buy signal. Equivalently, any close below the lower line would be considered a strong sell signal. The trader would follow the trend emphasized by the indicator while complementing his analysis with the use of other indicators as well. However, the breakout method only works well when the market moves from a range-bound setting to an established trend. In a trend-less configuration, the Keltner Channel is better used as an overbought/oversold indicator. Thus, as the price breaks out below the lower band, a trader waits for the next close inside the Keltner Channel and considers this price behavior as an oversold situation indicating a potential buy signal. Similarly, as the price breaks out above the upper band, the trader waits for the next close inside the Keltner Channel and considers this price action as an overbought situation indicating a potential sell signal. By waiting for the price to close within the Channel, the trader avoids getting caught in a real upside or downside breakout.
Pine Script™ indicator
by kingthies
1
Bollinger Bands + Keltner Channel Refurbished█ Goals This is an indicator that brings together Bollinger Bands and Keltner's Channels in one thing. Both are very similar, so I decided to make a merge of the best features I found out there. Here there is the possibility of choosing one of these two as needed. In addition, I added the following resources: 1. Pre-Defined intermediate bands with Fibonacci values; 2. Detachment of the bands in which the price was present; 3. Choice of Moving Average: "Simple", "Exponential", "Regularized Exponential", "Hull", "Arnaud Legoux", "Weighted Moving Average", "Least Squares Moving Average (Linear Regression)", "Volume Weighted Moving Average", "Smoothed Moving Average", "Median", "VWAP"); 4. Statistics: bars count within the bands. █ Concepts Keltner Channels vs. Bollinger Bands "These two indicators are quite similar. Keltner Channels use ATR to calculate the upper and lower bands while Bollinger Bands use standard deviation instead. The interpretation of the indicators is similar, although since the calculations are different the two indicators may provide slightly different information or trade signals." (Investopedia) Bollinger Bands (BB) "Bollinger Bands (BB) are a widely popular technical analysis instrument created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to security prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (the type of trend line and period can be changed by the trader; however a 20 day moving average is by far the most popular). The SMA then serves as a base for the Upper and Lower Bands which are used as a way to measure volatility by observing the relationship between the Bands and price. Typically the Upper and Lower Bands are set to two standard deviations away from the SMA (The Middle Line); however the number of standard deviations can also be adjusted by the trader." (TradingView) Keltner Channels (KC) "The Keltner Channels (KC) indicator is a banded indicator similar to Bollinger Bands and Moving Average Envelopes. They consist of an Upper Envelope above a Middle Line as well as a Lower Envelope below the Middle Line. The Middle Line is a moving average of price over a user-defined time period. Either a simple moving average or an exponential moving average are typically used. The Upper and Lower Envelopes (user defined) are set a range away from the Middle Line. This can be a multiple of the daily high/low range, or more commonly a multiple of the Average True Range." (TradingView) █ Examples Bollinger Bands with 200 REMA: Keltner Channel with 200 REMA: Bollinger Bands with 55 ALMA: Keltner Channel with 55 ALMA: Bollinger Bands with 55 Least Squares Moving Average: █ Thanks - TradingView (BB, KC, ATR, MA's) - everget (Regularized Exponential Moving Average) - TimeFliesBuy ("Triple Bollinger Bands") - Rashad ("Fibonacci Bollinger Bands") - Dicargo_Beam ("Is the Bollinger Bands assumption wrong?")
Pine Script™ indicator
by andre_007
20
Bollinger Band Width Percentile - Multi Time FrameMy plan with this indicator was when trading at short timeframes, to modify my expectations on the potential impact of short term volatility based on volatility in longer timeframes, and when trading on longer timeframes to attempt to find an optimal entry point based on shorter term volatility. The BBWP is calculated for a short, medium and long timeframe, alerts are triggered at extremities with the ability to filter by moving averages and chart movement. The alerts also trigger a plot to the "Backtest Signal" which can be used to trigger trades in a backtester. Please see the discussions of how I'm using this indicator in the comments below. Thanks to The_Caretaker for "Bollinger Band Width Percentile" upon which this multi time frame version is based.
Pine Script™ indicator
by EltAlt
10
OBV Overbuy+sell Oscillator[RSU]On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1963 book Granville's New Key to Stock Market Profits. This indicator is based on the OBV indicator and adds 2 times the standard deviation Bollinger Band to evaluate the overbought and oversold phenomenon of the OBV indicator. The characteristics of Bollinger Bands: According to the normal distribution phenomenon, only 5% of the cases will exceed 2 times the standard deviation of the Bollinger Bands . So when it exceeds, I use colors to mark red overbought and green oversold situations. Usage: 1.Identify trends: Identify current stock trends by OBV's 30 average line color. 2.Breakthrough:OBV Breakthrough 30 average,signal trend may reversal. 3.Oversell and overbuy:A break below overbuy could signal a temporary end to the uptrend. 4.Divergence:When the slope of the two highs is opposite to the slope of the two highs of the indicator, a trend reversal signal may occur.
Pine Script™ indicator
by rsu9111
5
Steven Primo's bollinger bands strategyHi, this strategy is taken from a video made by Steven Primo. You can look it up on YouTube if you want to know about it. It is a mean-reversion strategy based on the Bollinger Bands, in which we wait for 5 consecutive closes above the upper band, and for a short-term top. Once it happens, we place an entry order on this top, with a stop at the nearest bottom before the movement started, and use the difference from the stop and entry point to determine the target. For shorting, it's the same process, but for the downside. From my testing, only long orders were profitable, but you can configure whichever you want. It works well for directional markets with a low level of noise, as you can see with the BTCUSD chart. One of its caveats is the short number of occurrences, and the long stop loss and target. You can enable a trailing stop, but from my testings, it just made the results worse. I made some modifications, like removing the MA requirement, since the entry point was above it almost all the time, and I forced the BB to use a log version of the prices, so that discrepancies are eliminated. You'll also notice that you can't select an extension that is lower than 100, and that is intentional, since you're not supposed to enter a trade in which you can lose more than what you can earn. I chose not to implement any kind of risk management, but I might do that in the future. You can leave your suggestions in the comments.
Pine Script™ strategy
by EduardoMattje
1
Simple Bollinger Band Width PercentileI'm a big fan of The_Caretaker's BBWP and wanted to add it as a volatility indicator to some of my scripts, but since it is over 100 lines of code (plus spacing and comments) I wanted to find if there was a simpler way to get comparable results. SBBWP uses Pine 5 built in functions that I don't believe were available when The_Caretaker wrote BBPW. The main limitations compared to The_Caretaker's version is that it can only use SMA as its Basis Type and the colors are also not as pretty. I have not included alerts or scale lines since I'm not trying to replace BBWP, just give a simple example that you can easily build in to your scripts. Full credit and respect to The_Caretaker!
Pine Script™ indicator
by EltAlt
1
Sideways Strategy DMI + Bollinger Bands (by Coinrule)Markets don’t always trade in a clear direction. At a closer look, most of the time, they move sideways. Relying on trend-following strategies all the time can thus lead to repeated false signals in such conditions. However, before you can safely trade sideways, you have to identify the most suitable market conditions. The main features of such strategies are: Short-term trades, with quick entries and quick exits Slightly contrarian and mean-reversionary Require some indicator that tells you it’s a sideways market This Sideways DMI + Bollinger Bands strategy incorporates such features to bring you a profitable alternative when the regular trend-following systems stop working. ENTRY 1. The trading system requires confirmation for a sideways market from the Directional Movement Index (DMI) before you can start opening any trades. For this purpose, the strategy uses the absolute difference between positive and negative DMI, which must be lower than 20. 2. To pick the right moment to buy, the strategy looks at the Bollinger Bands (BB). It enters the trade when the price crosses over the lower BB. EXIT The strategy then exits when the move has been exhausted. Generally, in sideways markets, the price should revert lower. The position is closed when the price crosses back down below the upper BB. The best time frame for this strategy based on our backtest is the 1-hr. Shorter timeframes can also work well on certain coins that are more volatile and trade sideways more often. However, as expected, these exhibit larger volatility in their returns. In general, this approach suits medium timeframes. A trading fee of 0.1% is taken into account. The fee is aligned to the base fee applied on Binance, which is the largest cryptocurrency exchange.
Pine Script™ strategy
by Coinrule
3
[_ParkF]Mini Chart(BB)Bollinger Bands of different lengths are displayed with a line chart in front of the candle. A Bollinger band with a length of 20 and a Bollinger band with a length of 120 can be easily identified by the circle and color displayed whenever the line passes. In the input menu, you can edit the length and deviation of the Bollinger band, the number of candles to be displayed in front, the thickness of the line, the color, and the color of the circle. And the expected value of each Bollinger band was measured and displayed. You can change the thickness and color of the displayed predictive circle in Predictive of the input menu. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 서로 다른 기간값을 가진 볼린저밴드를 캔들보다 앞쪽에 선 차트와 함께 표시하였습니다. 20의 기간값을 가진 볼린저밴드와 120의 기간값을 가진 볼린저밴드를 선차트가 크로스할 때 마다 표시되는 점과 색을 통해 쉽게 식별할 수 있습니다. input 메뉴에서 볼린저밴드의 기간값과 편차, 앞 쪽에 표시될 캔들의 수와 선의 두께, 색상, 점의 색상을 수정할 수 있습니다. 그리고 각 볼린저밴드의 예상 값을 측정하여 표시하였습니다. input 메뉴의 Predictive에서 표시된 Predictive circle의 두께와 색상을 변경할 수 있습니다.
Pine Script™ indicator
by ParkF
3
Z-Score DeltaHeavily modified from Z Score by jwammo12 Compares the z-score of two assets, the onscreen one and the reference one configured. If you're familiar, you can think of it as Bollinger Band Percent of Onscreen Asset minus the Bollinger Band Percent of Reference Asset. It's compared off a simple moving average, due to how standard deviation is calculated. I view this a more literal meaning of relative strength. Has the ability to offset or delay in time one to another. TODO: add MAD and MAD/STD.DEV views Not my greatest work, but it's functional.
Pine Script™ indicator
by rieos
BB-RSI-ADX Entry PointsThis is a combination of indicators used to find oversold and overbought entry points for possible reversion. A Green arrow will appear when all condition are met for an ENTER LONG position. A Red arow will appear when all condition are met for an ENTER SHORT position. You can modify all of these condition parameters from the indicator's settings. How does the indicator work The signals are using Bollinger Bands , BB %B , RSI and ADX indicators to try and find points of reversal Enter LONG Conditions Current candle low is below BB lower band. The BB %B is more than 0. RSI > 30 ADX > 25 Enter SHORT Conditions Current candle high is above BB upper band. The BB %B is less than 1. RSI < 70 ADX > 25 Those are the default settings that seem to work for me but you can customize all of these from the indicator settings. I find this strategy to best work on a 3 minute timeframe Note: The bb %B is calculated for stDev - 1. This will help you see a change happening faster.
Pine Script™ indicator
by frixou89
2
QQE MOD + SSL Hybrid + Waddah Attar ExplosionTRADE CONDITIONS Long entry: QQE Mod changes to Blue (leading indicator) SSL Hybrid is Blue and price is above MA Channel line Waddah Attar Explosion is Green and above Explosion line Short entry: QQE Mod changes to Red (leading indicator) SSL Hybrid is Red and price is below MA Channel line Waddah Attar Explosion is Red and above Explosion line Risk management: Each trade risks 2% of account (configurable in settings) SL size determined by swing low/high of previous X candles (configurable in settings) TP is triggered on SSL Hybrid EXIT arrow signals TIPS Timeframe: Personally I've found best results running this on 1H timeframe. Note: To help visual identification of trade entries and exits you may wish to add the SSL Hybrid and Waddah Attar Explosion to the chart separately. They are being used to determine trade entry/exit within the code of this strategy but it was not possible to display them in a clear way within a single panel. Make sure you set the settings of the auxiliary indicators to match what is in the settings of this indicator if you do decide to add them. CREDITS QQE MOD byMihkel00 SSL Hybrid by Mihkel00 Waddah Attar Explosion by shayankm
Pine Script™ strategy
by kevinmck100
80
BB + RSI double strategy developeI'm Korean, and it may not be enough to explain this script in English. I feel sorry for the users of TradingView for this lack of English skills. If you are Korean, please return it to the translator using Papago. It will be a useful manual for you. This script referenced Chartart's Double Strategy. But there are some changes in his script. 0. Basically, when you break through the top or bottom of the 100th period balliser band and come back into the band, you track the overbuying and overselling of the RSI to determine your position entry. The order is triggered only when both conditions are satisfied at the same time. However, only one condition applies to clearing the position. This is because it is most effective in reducing risk and increasing assets in terms of profit and loss. 1. This script is optimized for 15 minutes of bitcoin futures chart and API via webbook alert. By default, 10x leverage usage and 10 pyramids are applied. 2. Setting a chart period other than 15 minutes will not guarantee sufficient effectiveness. It can also be applied to Ethereum , but it is not recommended to apply to other symbols. 3. I added Enable Date Filter because Chartart's script could not apply the strategy to the user's desired period. This feature allows you to set a period of time when you do not want to use the strategy. You can also uncheck it if you don't want to fully use this feature. Please remember that it is an exclusion period, not a usage period. With this feature, we can see the effectiveness of the strategy from a point in time, not from the entire period. You can also clearly differentiate the effectiveness of the strategy from the point you use it. 4. You can also stop using strategies at certain times of the day when you don't want to apply them. This works similarly to the Enalbe Date Filter described above. This allows you to sleep comfortably even if you don't fully trust this strategy. 5. The period, overbuying, and overselling figures of RSI can be set individually. For example, when you take a long position, you can set the RSI to a period of 7, and at the same time, the RSI entering the short position can be set to a period of 14. You can also set the base figures for overbuying and overselling to levels that you think are reasonable. This figure works in conjunction with the Bollinger Band and affects position entry when it is crossed or returned. 6. Based on API futures trading, basic Sleepy and commission are applied. This is geared towards market price transactions. This makes your revenue look more reasonable. Thank you very much, Chartart. You are a genius. - 저는 한국인이고, 영어로 이 스크립트를 설명하는 것이 어렵기 때문에 설명이 부족할 수 있습니다. 이런 영어 능력 부족에 대해서 TradingView 사용자들에게 미안하게 생각합니다. 만약 당신이 한국인이라면 파파고를 사용하여 번역기에 돌려주십시오. 당신에게 유익한 설명서가 될 것입니다. 이 스크립트는 Chart art의 Double Strategy를 참조했습니다. 그러나 그의 스크립트에서 달라진 점이 몇 가지 있습니다. 0. 기본적으로 100기간의 볼린져밴드의 상단 또는 하단을 돌파한 뒤 다시 밴드 안으로 들어올 때 RSI의 과매수, 과매도를 추적하여 포지션 진입을 결정합니다. 두 가지 조건이 동시에 만족되어야만 주문이 트리거 됩니다. 그러나 포지션을 청산하는 것에는 볼린져밴드 하나의 조건만 적용합니다. 여러가지 테스트를 거친 결과 이것이 손익 면에서 가장 효과적으로 리스크를 줄이고 자산을 늘리는 것에 효율적이기 때문입니다. 1. 이 스크립트는 15분의 비트코인 선물 차트와 webhook alert을 통한 API에 최적화되어 있습니다. 기본적으로 10배의 레버리지 사용과 10개의 피라미딩이 적용되어 있습니다. 2. 15분 외에 다른 차트 기간을 설정한다면 충분한 효과를 보장할 수 없습니다. 또한 이더리움에도 적용할 수 있지만, 그 외에 다른 심볼에는 적용하지 않는 것을 권장합니다. 3. Chart art의 스크립트는 전략을 사용자가 원하는 기간에 적용할 수 없었기 때문에, 저는 Enable Date Filter를 추가하였습니다. 이 기능을 통해 전략 사용을 원하지 않는 기간을 설정할 수 있습니다. 또한 이 기능을 완전히 사용하고싶지 않다면 체크를 해제할 수 있습니다. 사용 기간이 아닌 제외 기간인 점을 상기하시길 바랍니다. 이 기능을 통해 우리는 전체 기간이 아닌 가까운 특정 시점부터의 전략 적용 효과를 확인할 수 있습니다. 또한 사용자가 전략을 사용한 시점부터의 효과를 명백히 구분할 수 있습니다. 4. 또한 사용자가 적용을 원하지 않는 하루 중의 특정 시간대에 전략 사용을 멈출 수도 있습니다. 이는 위에 설명한 Enalbe Date Filter와 유사하게 작동합니다. 이를 통해 당신이 온전히 이 전략을 신뢰하지 못하여도 당신은 마음 편하게 잠에 들 수 있습니다. 5. RSI의 기간 및 과매수, 과매도 수치를 개별적으로 설정할 수 있습니다. 예를 들어 당신이 롱 포지션을 취할 때에는 RSI를 7의 기간으로 설정할 수 있고, 동시에 숏 포지션을 진입하는 RSI는 14의 기간으로 설정될 수 있습니다. 또한 과매수 및 과매도의 기준 수치를 당신이 합리적이라고 생각하는 수준으로 설정할 수 있습니다. 이 수치는 볼린져밴드와 함께 작동하여 그것을 넘어서거나 다시 되돌아올 때 포지션 진입에 영향을 미칩니다. 6. API 선물거래를 기준으로 하여 기본적인 슬리피지와 커미션이 적용되어있습니다. 이는 시장가 거래에 맞춰져 있습니다. 이는 당신의 수익을 좀 더 합리적인 수치로 보일 수 있게 합니다. Chartart에게 특별히 감사합니다. 당신은 천재입니다.
Pine Script™ strategy
by NNYG
10