One of the key features of this BB%B is its ability to highlight overbought and oversold conditions. This allows you to make informed decisions on when to enter and exit a trade, helping you maximize your profits and minimize your losses. - Bollinger Bands %B with the ability to change to a different Time Frame.(Defaults to current Chart Time Frame). - Ability...
This indicator plots 9 upper and lower lines with increasing length. Lines are 0.618 upper and lower level of Bollinger band.
Introducing the "Adaptive Channel Breakout" indicator, an advanced charting tool that employs the acb function from the PeacefulIndicators library. This powerful indicator helps traders detect potential breakouts and trends by displaying an adaptive channel on the chart. Key features of the Adaptive Channel Breakout indicator include: Customizable input...
Simple indicator that is based on the average line of the bollinger bands and the exponential average of 200 periods. The customizable variable is bollinger bands length, currently the default is 35, you can tweak it to your liking and see how trend identification changes. My recommendation is to work in 5-minute time frames in values such as SOL, FTM or MASK...
This indicator has different features: 1. Ichimoku = this indicator can plot Ichimoku calculated both in the common formula and with the volume average, you can choose the calculator method for each line. 2. Channel and Bands = this mode allows the user to choose from channel and band, "channel" shows the Keltner channel, and "band" shows the Bollinger bands. Both...
Here is my rendition of Bollinger Bands Width. If you are unfamiliar, Bollinger Bands Width is a measure of the distance between the top and bottom bands of Bollinger Bands. Bollinger Bands themselves being a measure of market volatility, BB Width is a simpler, cleaner way of determining the amount of volatility in the market. Myself, I found the original, basic...
I developed Bollinger Bands that provide a numeric value indicating their strength. To achieve this, I used the degree of the angle of attack and color-coded the numbers. The top band displays the number in the upper corner of the chart, the bottom band in the bottom corner, and the Basis is in the left middle. These numbers quantify the slope of the bands, which...
What are Weighted Deviation Bands? Variation of the Bollinger bands but it uses linear weighted average and weighted deviation via Mladen Rakic. What is Weighted Deviation? This weighted deviation is a sort of all linear weighted deviation. It uses linear weighting in all the steps calculated (which makes it different from the built in deviation in a case when...
Fibonacci Volatility Bands are just an alternative that allows for more margin than regular Bollinger Bands. They are created based on an average of moving averages that use the Fibonacci sequence as lookback periods. The use of the Fibonacci Volatility Bands is exactly the same as the Bollinger Bands.
Hello, here is an indicator that can be helpful for your trading that is simple and easy to use. Our culprit here is a candle that opens and closes below the lower band of Bollinger Band, Black and red lines are put on the high and low of that candle. Green Arrows are happening when: 1- When candle closes above the black line and Stochastic RSI is in the...
what is Faytterro Bands? it is a channel indicator like "Bollinger Bands". what it does? creates a channel using standard deviations and means. thus giving users an idea about the expensive and cheap zones. It uses a special weighted moving average different from standard bollinger bands, it also averages not only price but also deviations. how it does it? it...
Description: This indicator works well in trendy markets on long runs and in mean-reverting markets, at almost any timeframe. That said, higher timeframes are much preferred for their intrinsic ability to cut out noise. The example chart is in 3H TF. Be mindful, the script shows somewhat erratic jigsaw-like behaviour during consolidation periods when the...
RSI TREND Filter on Chart RSI scaled to fit on chart instead of oscillator, Trend Analysis is easy and Hidden Divergence is revealed using this indicator. This indicator is an aim to reduce confusing RSI Situations. The Oversold and Overbought lines help to determine the price conditions so its easy to avoid Traps. Oversold and Overbought conditions are marked...
Presenting Squeeze Range: Bollinger Bands / Keltner Channels TTMSqueeze method is a volatility and momentum indicator introduced by John Carter of Simpler Trading, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. How did I make this indicator? The Bollinger Bands & Keltner Channels base scripts are...
This script is a variation of the popular Bollinger Bands indicator, which uses exponential moving averages (EMA) instead of simple moving averages (SMA) as its core calculation. The indicator is designed to provide a visual representation of volatility, with the distance between the upper and lower bands being determined by the standard deviation of the...
The Volume Weighted Standard Deviation indicator is a custom technical analysis tool that uses the volume of trading to calculate the standard deviation of a stock's price. This indicator takes the source of data, the length of data, and the deviation as inputs, and calculates the volume weighted standard deviation using the values. The indicator first calculates...
The Average Deviation Bands indicator is a technical analysis tool that plots multiple bands around the average price of an asset. These bands are calculated using the standard deviation of the asset's price over a specified time period, as well as the average price of the asset over the same period. However, it's important to note that the standard deviation is...
The Fibonacci Moving Average (FMA) is an indicator for financial markets that is calculated using the Fibonacci sequence and the metallic mean. The metallic mean is a type of average that is calculated by adding the source and the square root of the sum of the square of the source and 4, and then dividing the result by 2. The FMA is then calculated by using the...