Log-space Bollinger BandsCalculates Bollinger Bands in log space, which is useful for high-volatility charts and for looking at long-term growth
Cari dalam skrip untuk "bollingerband"
BlackCompositIndicator4OverlayThis is not new indicator.
// Candle Patterns Indicator created by Robert N. 030715
// Volume Indicator @author LazyBear
// Updated and translated by Blyayshman
Это не новый индикатор - это компиляция нескольких для удобства одновременного отображения и экономии разрешенных индикаторов.
Эта версия для отображения на главном экране, вместе с графиком.
Можно отобразить до 4-х MA, 2-х EMA и анализатор паттернов японских свечей.
Пожелания и предложения приветствуются.
Bollinger Awesome Alert R1 by JustUncleLThis indicator is an implementation of the Bollinger Band and Awesome Oscillator Scalping system.
This technique is for those who want the most simple method that is very effective. It is BEST traded during the busiest trading hours, 3am to 12am EST NY time. This method doesn't work in sideways markets, only in volatile trending markets.
Time Frames: 1, 5, 10, 15 ,30 min.
Currency pairs: majors.
Other Chart indicators:
Add Awesome Oscillator.
Optionally Add Squeeze Indicator.
Here's the strategy:
Going LONG:
Enter a long position when the black 3 EMA has crossed up through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zeroline, going up. This is indicated by "Buy" alert.
Going SHORT:
Enter a short position when the black 3 EMA has crossed down through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zero line, going down. This is indicated by the "Sell" Alert.
Take profit:
10-20 pips depending on pair or When Awesome Oscillator turns a different colour.
HINTS: Best trades tend to occur when price reversing bounce off outer band and outside the Optional Bollinger Squeeze indication.
Hidden Gap`s VSA Volume If Volume is less then the previous 20 intervals, Volume is gray.
If Volume is greater then the previous 40 intervals, Volume is black.
If Volume is less then the previous 2 intervals, Volume is purple.
If Volume is less then the previous, Volume is red.
If Volume is greater then the previous, Volume is blue.
Other - white.
You can add on the indicator a 2.5 Standart Deviation of a 20 period
Bollinger Band Shifted 3 periods forward.
FHX Bands (VWMA BB)This study is an optimized version of Bollinger Bands based on volume weighted data points: more volume on a bar gives those prices a higher impact. FHX bands base on the assumptions of auction market theory (e.g., as does volume profiling). Bollinger Bands implicitly assume a uniform probability mass function for data points and consider only the - somewhat arbitrary - close price. In contrast to this, FHX bands take all four available data points into account (OHLC) and use the volume at each candle* to define a probability mass function in order to compute mean and standard deviation.
As an indicator, FHX bands could be used in the same way as BB to facilitate or confirm Break-Out trades and identify strong momentum moves. Settings for the standard deviation multiplier should be interpreted as follows (following the 68–95–99.7 rule):
x standard deviation set to 1: ~32% chance that a move outside the bands is by chance
x standard deviation set to 2: ~5% chance that a move outside the bands is by chance
x standard deviation set to 3: ~0.3% chance that a move outside the bands is by chance
This however assumes a fairly solid period of consolidation beforehand (visible through notable contraction of the bands) and a normal distribution of values within that consolidation period. Therefore users need to experiment within their time frame in order to identify a Length setting that suits their needs. Personally, I set Length to 21 or lower, depending on my targeted time frame. Note that the indicator does not test for normality in any way; you can, however, use a quick visual test using the fixed range volume profile indicator to increase its reliability.
Good luck and mind your risk
-fhx
* of course tick data would be the real deal, but we work with what we have
Bollinger Band and Moving Average v0.1 by JustUncleLThis is another Bollinger Band strategy+indicator in my series of Bollinger based setups. This one is seems to work best with 5min charts and 20 to 30min expiry. The strategy follows variation of a Bollinger band + Moving Averages
reversal strategy, it uses the 2 moving averages mainly to determine market direction.
%BsAn indicator with 10 configurable %B lines for identifying trends, overbought and oversold conditions, and reversal points. %B is a linear representation of a securities relationship to the Upper and Lower Bollinger Bands. The best opportunities arise when a security is oversold in a bullish trend and overbought in a bearish trend. The longer %B trend-lines in this indicator are very useful for major reversals. They can be used to indicate the high or low of the day on a 1-minute chart or show a multi-year reversal point.
%B = (Current Price - Lower Band) / (Upper Band - Lower Band)
Kay_BBandsV3This is the 3rd version of Kay_BBands.
When +DI (Directional Index ) is above -DI , then Upper band will be visible and vice-versa.
This is when the ADX is above the threshold. 28 is the default in this version. I found its more appealing in 5M time frame.
BLUE - ADX under 10
GREEN - Uptrend, ADX over 10
RED - Downtrend, ADX over 10
Use it with another band with setting 20, 0.6 deviation. Prices keeping above or below the 2nd bands upper or lower bounds shows trending conditions.
I didn't know how to update the old script so published it again.
Changes - :
1) Updated default settings for the indicator
2) ADX setting are now DI (28), ADX (10), adx level to check is 10.
3) IMPORTANT one - When DI is up/down, lower/upper band will also have color (more visible that way.)
Play around the settings.. It really eliminates extra indicator checking visually... Please like if you think idea is good.
Kay_BBands v2This is the second version of Kay_BBands. But this is infused with ADX.
When +DI (Directional Index) is above -DI, then Upper band will be visible and vice-versa.
This is when the ADX is above the threshold. 20 is the default but can be set to 25.
When the ADX is below the specified threshold, both bands gets visible, showing no trending conditions.
Use it with another band with setting 20/21, 0.6 deviation. Prices keeping above or below the 2nd bands upper or lower bounds shows trending conditions.
[JR] Multi Bollinger Heat BandsBollinger Bands, with incremented additional outer bands.
Set as you would normally, but with the addition of an incremental value for the added outer bands.
Defaults with Length 20, base multiplier of 2.0, and an Increment value of 0.5 for additional outer bands at 2.5 and 3.0. Adjust values to suite your needs.
All lines and zones have colour and formatting options available - because why not eh?
Fibonnacci Bollinger BandsThis Bollinger Bands with additional Fib levels. Swing Trader Edition :) .. thats all really
Bollinger Band TouchThis script simply colors the background when price hits or exceeds the bollinger bands. Just a nice visual cue.
[RS]Multiple Bollinger Bands Candles V0EXPERIMENTAL: using multiple length bollinger bands to create a better reading of ?price/range? strength?.
• calculates 2 candle plots for upper and lower bands, were the high and low are the extremes of the bands,
open is the previous close of the band and close is the extreme midline.
CapnsBandsV2Here is the 2nd version of CapnsBandsV2 for Mateys... Remind you this a trend indicator NOT a BUY and SELL. Its up to you how you read it. Defaults for Smaller TF like 15Mnts. Enjoy it. :)
BL_MTF River Strategy with TP/SL by Beller
Anyone remember the "Frogger" game where a frog must pass a river ?
This strategy is like a game.
Immagine you that the cyan lines are a River, any time the price can cross up or down this river, you must buy or sell only when the bar are dry..
BUY at highest price of the first bar that is completely dry over the river
SELL at the lowest price of the first bar that is completely dry under the river
Stoploss is placed at the river bands, take profit is placed at 1:1 and 1:2 ratio, a risk money management must be applied.
This strategy can be used with multiple time frame, i'm testing it in 15min,180m and daily base applyed to EURJPY.
It's a game but can produce some money... ;-)
Indicator: MFI or RSI enclosed by Bollinger BandsIndicator allows choosing either MFI or RSI and draws a BB over it to identify oversold / overbought conditions.
Oversold/Overbought breaches are highlighted using different colors for easy identification. Has helped me a lot during sudden pumps to identify the tops, hope you find a use for this.
Trading Strategy based on BB/KC squeeze**** [Edit: New version (v02) posted, see the comments section for the code *****
Simple strategy. You only consider taking a squeeze play when both the upper and lower Bollinger Bands go inside the Keltner Channel. When the Bollinger Bands (BOTH lines) start to come out of the Keltner Channel, the squeeze has been released and a move is about to take place.
I have added more support indicators -- I highlight the bullish / bearish KC breaches (using GREEN/RED crosses) and a SAR to see where price action is trending.
Appreciate any feedback. Enjoy!
Color codes for v02:
----------------------------
When both the upper and lower Bollinger Bands go inside the Keltner Channel, the squeeze is on and is highlighted in RED.
When the Bollinger Bands (BOTH lines) start to come out of the Keltner Channel, the squeeze has been released and is highlighted in GREEN.
When one of the Bollinger Bands is out of Keltner Channel, no highlighting is done (this means, the background color shows up, so don't get confused if you have RED/GREEN in your chart's bground :))
Color codes for v01:
----------------------------
When both the upper and lower Bollinger Bands go inside the Keltner Channel, the squeeze is on and is highlighted in YELLOW.
When the Bollinger Bands (BOTH lines) start to come out of the Keltner Channel, the squeeze has been released and is highlighted in BLUE.
OGT Bollinger Bandwidth IndicatorWhat is the OGT Bollinger Bandwidth Indicator?
The Bollinger Bands indicator is one of the most popular technical trading indicators. One of the applications of the Bollinger Bands indicator is when an instrument is in a state of low/high volatility. The OGT Bollinger Bandwidth Indicator measures the percentage distance between the upper and lower Bollinger bands to visually display periods of low/high volatility.
The difference between this indicator and other bandwidth indicators, is that the user can define a percentage level where if the indicator reading is above that level the instrument is considered to be in high volatility. If the indicator reading is below this level, it's considered to be low volatility. This is visually displayed on the indicator (default - Red = low volatility / Green = high volatility).
How to select the right percentage level?
This indicator has a built in black line which shows the lowest indicator reading for the past 100 bars. This gives you insight on where you should be placing your percentage level for that instrument and time frame. You will need to adjust the percentage level when you select a new time frame as the Bollinger Band levels will be different.
How this Indicator can help you trade profitably?
As the saying goes - periods of low volatility is followed by period of high volatility. The OGT Bollinger Bandwidth Indicator allows instantly see and watch for periods of low volatility and capitalise when the tide turns. This is not a direction indicator but gives you an early warning sign that a big move is coming. Using other technical indicators such as moving averages / support and resistance can help you with the direction.
