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.
This indicator was created to see the total dollar (or whatever currency pair) amount spread between the upper and lower Bollinger Bands. This knowledge of knowing this spread can be used to indicate upcoming periods of high volatility in a market. The fundamental idea behind predicting periods of high volatility is backed up by the idea that periods of low...
This is the alert script for :
We've included the basic alert syntax for Autoview automation. You can learn more about the syntax here: autoview.with.pink and you can watch this video here: www.youtube.com
These settings are set, by...
Just 3 Bollinger Bands with different adjustable timeframes plus shifting (left/right) capability and non-integer deviation values.
I wrote this because I couldn't find the perfect BB indicator that matches my needs. Feel free to use it.
This script shows Bollinger Bands function and want to detect Bollinger Band Width Squeeze with a successful, different perspective .
Bollinger Bands : You can specify the Bollinger Bands periods as mutable variables .
Bollinger Band Width Squeeze : First the Bollinger bands width was calculated.The width was then divided into levels using the money flow...
This type of moving average was originally developed by Dennis McNicholl (Futures Magazine, (October, 1998): "Better Bollinger Bands"). A kind of TEMA. He used it as a centerline of the new bands, called Better Bollinger Bands or DEnvelope. The Better Bollinger Bands is a modification of the well-known Bollinger Bands that has a better response for changes in volatility.
This script provides:
5 regular EMAs
5 regular SMAs
3 multiple time frame EMAs
3 multiple time frame SMAs
All features can be turned on/off and customized regarding color, lines, etc.
Excellent for TradingView users with limited or free accounts.
The script combines 3 single Bollinger bands into one script for easy plotting and range modification. It can be used for analyzing a market with multiple time frames and ranges using Fibonacci series as the range.