ALMA stdev band with fibsArnaud Legoux Moving Average with standard deviation band and standard deviation Fibonacci levels.
Standard deviation band is alma + stdev and alma - stdev.
Fibonacci levels are alma + stdev * fib ratio and alma - stdev * fib ratio (0.382 / 0.5 / 0.618 / 1.618 / 2.618).
Used like a moving average, but also shows probable price range based on past volatility, and helps to recognize support/resistance levels, trends and trend momentum based on the Fibonacci levels.
Cari dalam skrip untuk "band"
EMA 50 HIGH LOW BANDHi
This indicator displays a band of EMA 50 having high and low of the same ema.
This script works well on 5 min chart or lower time frames in intraday.
When any price is above this band, you may consider a buy position and whenever any price is below this band, you may consider a sell position.
You may also take help of EMA 200, which is shown in red color. Whenever price is above EMA200, it is considered bullish and when ever it is below EMA 200, it is considered bearish.
This will remove a lot of noise from your chart.
I hope it helps.
Thanks
Greedy MA & Greedy Bollinger Bands This moving average takes all of the moving averages between 1 and 700 and takes the average of them all. It also takes the min/max average (donchian) of every one of those averages. Also included is Bollinger Bands calculated in the same way. One nice feature I have added is the option to use geometric calculations for. I also added regular bb calculations because this can be a major hog. Use this default setting on 1d or 1w. Enjoy!
ps, I call it greedy because the default settings wont work on lower time frames
[Mad] Triple Bollinger Bands MTFThese are classic triple Bollinger bands with different multipliers
You can change the time frame plotted,
for example, you can show a 1-hour chart, but plot 6-hour Bollinger.
Since I haven't found any other OpenSource variant that can plot the 3 bands in a different time frame, here is my script for you
en.wikipedia.org
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additional you can see in this script, how to move data around with arrays instead of multiple variables.
This way you can cut down security calls to a minimum. (look at the transfer- and bollarray)
Bollinger Band with Moving Average & Pin BarsThis indicator was specifically built to be used for trading the Scalpius Trading System promoted by @scottphillipstrading. Additionally I've added Daily and Weekly Highs, Lows and Central Pivot lines
The central indicators used in the Scalpius trading system which are included here are: The Bollinger Band, chart plotting of Pin Bars (Hammers & Shooting Stars) and an Exponential Moving Average.
In the settings the user has the option select EMA, SMA or WMA along with desired length, the default settings are 8EMA as per the Scalpius system rules. Also the Bollinger Band settings can be amended by the user and the Pin Bar chart plots and daily + weekly high and low plots can be removed by the user.
Smarter MACD BandThe Smarter MACD displayed as a band instead of an oscillator. A classic MACD with average peak and dip lines. The lighter green and red horizontal lines are the average peak and dip of the entire span, respectively. The second, bolder of the two lines are the averages of the peaks and dips above and below the overall peak and dip averages. The filled in color is to help visualize these averages and possible trade setups.
Anchored TWAP with StDev Bands [MrShadow]TWAP with:
- Anchoring: Custom, Day, Week, Month, Quarter, Year (custom anchoring can be selected by dragging a vertical line through the chart)
- Standard Devation Bands
- Auto-coloring depending on the trend
Deviation BandsThis indicator plots the 1, 2 and 3 standard deviations from the mean as bands of color (hot and cold). Useful in identifying likely points of mean reversion.
Default mean is WMA 200 but can be SMA, EMA, VWMA, and VAWMA.
Calculating the standard deviation is done by first cleaning the data of outliers (configurable).
Supertrend Opposite Band Line Onlywhen super trend changes Trend , its important to wait for crossing the Price line of opposite Band so i have written this script . this will help you Traders for sure
EMA 20–55 + SMMA50 (20↔55 Band, Alerts, Color Controls)This script plots a customizable EMA ribbon and a smoothed moving average (SMMA).
Key features:
EMA 20 (blue) and EMA 55 (yellow) highlighted with a green/red background ribbon depending on trend.
Optional middle EMAs (25, 30, 35, 40, 45, 50) can be shown or hidden.
SMMA (50) plotted in white as a trend smoother.
Customizable line colors, band colors, and transparency.
Alerts for EMA20/EMA55 bullish or bearish crossovers.
Optional candle bar coloring based on trend.
This is useful for quickly spotting medium-term trend shifts when EMA20 crosses EMA55, while still tracking the broader EMA ribbon context.
EMA band 12/60/150/200EMA band consisting of 12/60/150/200
Specifically for Indian stock market, can be used for other trading scripts after testing.
Best use case : on Daily TF.
Bull run entry criteria, Not bear market or Bottom catching.
EMA+ATR Band MTF Trend EntryThis is a Multi-Timeframe Trend Trading indicator strategy adapted from Sahil Rohmehtra’s Mentorship programme. The trading decision is made by first accessing the trend in higher timeframe (say Monthly) by using TWO EMAs. If the faster EMA (say 20 period) is above Slower EMA (say 50 period) and the price is above slower EMA then the trend is suitable for buyers. Similarly if faster EMA is below slow EMA and the price is below that then trend is suitable for sellers.
Once we access the trend in the higher timeframe we move to the lower timeframe (say Weekly) and access the 5-period RSI value. If RSI is below 30 then we can prepare for possible buy entry in lower (Daily) timeframe if entry conditions are met in daily timeframe. Similarly sell bias can be initiated when the higher timeframe EMA trend is down, daily RSI is above 70 and sell entry condition is met in daily timeframe. The RSI thresholds can be changed by the user.
Once we identified the RSI bias then wait for the confirmation candle in the lower timeframe (say 1 hour). In the entry timeframe we plot a band of 20 EMA of LOWs ± 1 ATR lines. Here,we wait for a candle to close above the 20 EMA of LOWs + 1 ATR for a buy signal with an increase in On Balance Volume (OBV) value. Similarly for sell signal we should get a candle close below the 20 EMA of LOWs - 1 ATR with corresponding change in OBV. This candle is the signal candle.
Once we get a Buy or Sell signal the corresponding stop loss is the nearest LOW - 1 ATR or HIGH + 1 ATR. The ATR scaling may be changed by the user. Now if another candle closes above the high of the buy signal candle then enter on buy. If the low of the buy signal candle is broken then it is a potential short-term sell entry. Similarly if another candle closes below the sell signal candle then enter short and if there is a close above high of the signal candle then it is a potential buy entry.
Rekt Edge Reversion BandRekt Edge Reversion band is a technical indicator that utilizes a combination of moving averages and standard deviations to determine optimal entry and exit points in the market. By comparing the current price to its moving average, the indicator identifies potential trends and determines how you can position around them by plotting buy/sell signals and two channels based on user input parameters. The user can choose between Simple Moving Average ( SMA ) or Exponential Moving Average ( EMA ) and select the moving average period, the unit of separation, the multiples of the unit, and other important parameters. The indicator's inputs can be adjusted to suit different trading styles, and it can be used on any time frame. The indicator can be used to identify potential trend reversals or breakouts (or breakdowns) when the price moves outside of the channels. The indicators potential use cases include identifying overbought or oversold conditions. With its ability to provide a clear signal on when to enter and exit a trade, this indicator is a popular tool among traders looking to make more informed and profitable trading decisions. This indicator can also be used in conjunction with other technical analysis tools to confirm or invalidate trading signals.
MA20 Hi-Lo-Close Magic BandThis is an improvement over my previous MA20 High Low Magic Band, as it keeps a central 20 MA reference point. So it can help find the up from MA20 lows and down from MA20 highs resisted or supported by MA20 average before final entry. Usable in any time frame of choice - 15m, 30m, Hourly or Daily. In the Hourly / Daily time frame, the signal used with the volume data may work in 6/10 events or more ... Happy trading!
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.
Bull Market Support Band DivergencyThis script calculates the effective difference between the 21w EMA and the 20w SMA, which forms the Bull Market Support Band on BTC.
We can see some positive maximum on the indicator, which happens (often) to be zones of great volatility and sell zones, and the opposite for negative minimums.
Some periodicity is shown too, up to your own conclusions.
Bands-Trailing Stop UtilityIntroduction
Bands and trailing stops are important indicators in technical analysis, while we could think that both are different they can be in fact closely related, at least in the way they are made. Bands and trailing stops can be made from a simple central tendency estimator, like a moving average, and from a volatility estimator like standard deviation, atr...etc.
This is why i propose this utility that allow you to make bands and trailing stops from any indicator in the price chart.
How To Use
All you have to do is select the indicator you want to make bands from in the settings, so just open the Bands-Trailing Stop Utility indicator settings and select your indicator in "Source". Make sure your source indicator is not in "hide" mode.
For example here i'am using a moving average as source for the indicator. Mult control how spread the bands are from each others, by default mult = 1, if we use mult = 2 we get :
Mult can be non-integer as well as lower than 1 (when lower than 1 the bands would be closer to each others)
Error/Volatility Estimators
You can choose from a wide variety of volatility estimators, select the estimator from the "Method" scrolling parameter in settings, by default the indicator will use the running mean absolute error (MAE) which don't use length. Other estimators use length, making length = to the period of the source indicator can help get better results.
The root moving averaged squared error (RMASE) is just the square root of the simple moving average of the squared difference between the closing price and the source indicator. length control the period of the moving average of RMASE.
You can also use the average true range with period length. It might work better with low lagging moving averages.
The range is simply the difference between the highest and lowest over length periods of the source indicator.
Stdev is simply the price running standard deviation.
Trailing Stop
When the trailing stop mode is checked the bands will be replaced by a trailing stop, the trailing stop will still depend on every settings of the indicator like mult/volatility estimator...etc.
Conclusion
You might find an use to this tool if you want to make bands/trailing stops from pretty much everything. The indicator used as source for the examples is a smooth exponential averager that i could share if i see interest from peoples.
Thanks for reading !
Bollinger Bands TimeBollinger bands that are fixed to a time interval. The time interval can be set in minutes or days.
Parameters
Daily Interval: If checked then days are used for the interval. If unchecked then minutes will be used.
Interval: The interval to use for the indicator.
Balgat EkibiBands are calculated with the std error and variance of the price actions. So if price cross up or cross down the variance bands, you could expect a reversal movement.
So if price cross up with the bands and after that there is a reversal candle movement, a short position could be taken.
If price cross down to the bands and after that there is a reversal candle movement, a long positon could be taken.
All risk management and money management is up to you.
Pivot-Based Channels & Bands [Misu]█ This Indicator is based on Pivot detection to show bands and channels.
The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level.
█ Usages:
Use channels as a support & resistance zone.
Use bands as a support & resistance zone. It is also very powerfull to use it as a breakout.
Use mid bands & mid channels as a trend direction or trade filter as a more usual moving average.
█ Parameters:
Show Pivot Bands: show bands.
Show Pivot Mid Band: show mid bands.
Show Pivot Channels: show channels.
Show Pivot Mid Channel: show mid channels.
Deviation: deviation used to calculate pivot points.
Depth: depth used to calculate pivot points.
Strategie Bollinger Bands buy & sellMiddle Band (Basis): Calculated using a Simple Moving Average (SMA) over a user-defined period.
Upper Band: The middle band plus the standard deviation of the price multiplied by a user-defined multiplier.
Lower Band: The middle band minus the standard deviation of the price multiplied by the same multiplier.
User Inputs:
Length: The number of periods used for the SMA and standard deviation (default: 20).
Deviation: The multiplier for the standard deviation to calculate the upper and lower bands (default: 2.0).
Buy and Sell Signals:
Buy Signal: Generated when the price crosses above the lower band, indicating a potential oversold condition.
Sell Signal: Generated when the price crosses below the upper band, indicating a potential overbought condition.
Visual Markers:
Buy Signals: Displayed below the price bars as green labels with the text "BUY."
Sell Signals: Displayed above the price bars as red labels with the text "SELL."
The Bollinger Bands (upper, middle, and lower) are plotted directly on the price chart for easy visualization.
How to Use the Script:
Customize Parameters:
Modify the length and deviation inputs to adapt to different market conditions or timeframes.
Interpret Signals:
A BUY signal indicates a possible reversal or upward movement from the lower band.
A SELL signal suggests a potential price decline from the upper band.
Combine with Other Indicators:
While effective in certain conditions, this strategy performs better when combined with other technical tools, such as RSI or MACD, to confirm trends and avoid false signals.
Limitations:
This script assumes that price will revert to the mean, which may not hold during strong trends or highly volatile conditions.
It is not a standalone trading system and should be backtested and optimized before applying to real trading.
Supertrend BandsSupertrend Bands
What is the Supertrend indicator?
"The Supertrend indicator is a trend following overlay on your trading chart, much like a moving average, that shows you the current trend direction.
The indicator works well in a trending market but can give false signals when a market is trading in a range.
It uses the ATR (average true range) as part of its calculation which takes into account the volatility of the market. The ATR is adjusted using the multiplier setting which determines how sensitive the indicator is."
"For the basic Supertrend settings, you can adjust period and factor:
- The period setting is the lookback for the ATR calculation
- Factor is the what the ATR is multiplied by to offset the bands from price"
How to use this indicator
This indicator is inspired by a strategy I found. It includes four Supertrend indicators, each with different settings that displays trend strength and support/resistance zones. The default settings are optimal for cryptocurrency but do work quite well for traditional also. I highly recommend you try experimenting with different settings, increasing them to suit the instrument.
The bands are set from low to high, Band 1 being the fastest and Band 4 being the slowest. Band 4 is the one that sets the overall trend so when price is above Band 4, the trend is bullish and vice versa. Trend is strongest when price is above/below Band 1 and gets weaker as it filters through each band. Band 4 provides the strongest support/resistance and if that breaks the trend flips.
In the menu, you will see an option called "Remove Anti Trend?". It is enabled by default and it removes any bearish/resistance bands when the trend is up and any bullish/support bands when the trend is down. When turned off, it will show all Supertrend Bands as they are by default.
Bar Colors
Bar colors are optional and they reflect the current trend strength based on the Supertrend bands.
Alternate ways of using this indicator
You could leave everything as default or you can display individual bands. For instance, because I use many overlay indicators, most of the time I turn off all the bands and only show bar colors:
You can also turn off Bands 1 and 2 and only show the two slowest lengths:
This removes the noise of the two faster Supertrends.
Or just show the two fastest bands:
Any suggestions to improve this indicator are most welcome :)
