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?")
Cari dalam skrip untuk "bollingerband"
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.
[_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.
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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.
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.
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.
[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)
ARKA-Smoothed Z-ScoreThis Indicator is based on Mr. Dan Valcu ideas.
The author of this article is Veronica Valcu.
The z-score (z) for a data item x measures the distance (in standard deviations StdDev) and direction
of the item from its mean (U):
z = (x-StdDev) / U
A value of zero indicates that the data item x is equal to the mean U, while
positive or negative values show that the data item is above (x>U) or below
(x Values of +2 and -2 show that the data item is two standard deviations
above or below the chosen mean, respectively, and over 95.5% of all data
items are contained within these two horizontal references.
Based on the article and ideas about the z-score concept we can use it to get more confidence where we want to be sure this is an oversold or overbought zone.
The indicator draws two levels on 2 and -2. Z-Score color comes red when it goes above 2, and the color changes to green when it goes below the -2 level. The Z-Score color which value is between 2 & -2 is gray.
So far, this is the description of the indicator(ARKA-Z Score), which has been written separately and published for the public. In this indicator, we intend to smooth the value of Z-Score we get using moving averages.
Z-score applied to close prices is an irregular curve that can be smoothed by applying
moving averages. A simple three-day moving average has been applied to the z-score (20), and a simple five-day moving average is applied to the resulting average.
Long opportunities were initiated when the three-day simple moving average crossed above the five-day simple moving average of the three-day simple moving average. Short opportunities were initiated when the three-day simple moving average crossed below the five-day simple moving average of the three-day simple moving average.
ARKA-Z-ScoreThis Indicator is based on Mr. Dan Valcu ideas.
The author of this article is Veronica Valcu.
The z-score (z) for a data item x measures the distance (in standard deviations StdDev) and direction
of the item from its mean (U):
z = (x-StdDev) / U
A value of zero indicates that the data item x is equal to the mean U, while
positive or negative values show that the data item is above (x>U) or below
(x Values of +2 and -2 show that the data item is two standard deviations
above or below the chosen mean, respectively, and over 95.5% of all data
items are contained within these two horizontal references.
Based on the article and ideas about the z-score concept we can use it to get more confidence where we want to be sure this is an oversold or overbought zone.
The indicator draws two levels on 2 and -2. Z-Score color comes red when it goes above 2, and the color changes to green when it goes below the -2 level. The Z-Score color which value is between 2 & -2 is gray.
Open Interest with Bollinger Bands and some moving averages!!! This indicator only shows Binance Perpetuals Open Interest !!!
!!!!! When Binance Spot pair charts is selected, It still shows the perpetual contract Open Interest, if the pair on the chart is tradeble on perpetual contracts. I assume you know what Open Interest is. !!!!!
ZLEMA, Tillson, VAR MAs codes are coming from @KivancOzbilgic => SuperTrended Moving Averages
SuperJump Turn Back Bollinger BandThis is a simple indicator using bolinger band return.
After the candle's bolinger band broke out,
Turn back inside BB is the entry point.
Usually there are more than two triangles, so you can wait after ordering a better price.
As you already know about it, it is very dangerous for the bolinger band to enter in the reverse direction when a strong trend is created.
That's why I made the Red Line. It is calculated by ATR and will suggest you an appropriate StopLoss value.
VIX Cheat SheetHello!
This indicator - "VIX Cheat Sheet" - performs several calculations for $VIX against the asset on your chart. However, using $VIX as a risk proxy or volatility metric often fails beyond large-cap U.S equities. To remedy this, the VixFix indicator is included in the script; you can select whether the script performs calculations for an asset against $VIX or against VixFix (i.e. Forex, Crypto)
Measured are: $VIX correlation to an asset's price fluctuations, the average close-to-close gain/loss subsequent a $VIX/VixFix close above the upper Bollinger Band, the average 5-session gain/loss following the same occurrence in addition to the average 10-session gain/loss, all close-to-close, 5 session, and 10-session gains/losses are stored as tooltips for labels on the chart. The current close-to-close percentage gain/loss for $VIX and VixFix are displayed on the chart.
Displayed in the example image is a box incorporating $VIX price data alongside an upper Bollinger Band and lower Bollinger Band. The data isn't cast to its own price scale but is helpful for quick interpretation of $VIX fluctuations. You can select to plot VixFix data in the box in the user inputs table.
Displayed in the second example image is a semi-transparent blue box encompassing all price moves that occurred when $VIX measured above $40 for at least ten consecutive sessions. The largest percentage close-to-close loss is displayed below the box.
Also illustrated is a red label that appears when $VIX or VixFix closes above the upper Bollinger Band. The indicator will calculate and display the performance of the asset for the subsequent 10 sessions, to which the red label will disappear and all data stored as a tooltip in the blue labels stating "VIX Closed Above Upper Band" or "VixFix Closed Above Upper Band".
To reduce chart clutter, a label and line combination marking all $VIX closes above the upper Bollinger Band was not included. Instead, bar color changes were added. When "$VIX" is selected in the user inputs table the indicator will mark all sessions in which $VIX closed above the upper band as blue, in addition to plotting $VIX price data in the dynamic black box. When "VixFix" is selected, the indicator will mark all sessions where VixFix closed above the upper band as purple; the VixFix indicator will be plotted in the black box.
Be sure to hover over labels to access tooltip information; try the indicator with bar replay!
BBands ChannelsBased on the Bollinger Bands system. This shows outer channels to the bollinger bands .
Flat Detect By Bollinger BandsThis simple script indicate the potential flat market zones, calculated based on the Bollinger Bands width.
It's showing the Bollinger Bands in red when the market is detected as flat.
You can adjust the Width Threshold with precision on the inputs settings.
Enjoy :)
Blobbinger BandsBBANDS with:
- DI+/DI- coloring outer bands. If top BBand is green DI+ is on top; if top BBand is red DI- is on top.
- ADX Coloring - coloring of BBand background is relative to ADX performance. Blue = High, Red = Low, Black = Very Low, White = Extremely Low
- Basis Line Coloring - colored using Bollinger Band Width Percentile. Blue = Squeezing BBands, Red = Blasted Open BBands
- Histogram Lines - Denotes ADX Extremely Low
Stock ControlThis indicator shows the following values:
Pre-market volume
SPY
ADD
VIX
For each value the background will be colored based on specific internal parameters which can be customized.
The indicator is highly customizable. Here are some of the settings:
Compact view
Text size
Pre-market thresholds
SPY MACD parameters
ADD MACD parameters
VIX Bollinger parameters
MA Bollinger Bands + RSI (Study)This study/indicator script is meant to allow users to set alerts based on my MA Bollinger Bands + RSI (Strategy).
Both Study and Strategy scripts reflect the exact same user inputs, parameters and trading signals.
6 different alerts available:
- MABB+RSI Long (or Short) Signal (all): activates for every single Long (or Short) signals
- MABB+RSI Long (or Short) Signal: activates when trade direction changes from Short to Long (or from Long to Short)
- MABB+RSI Long (or Short) Re-Entry Signal: after a stop loss was hit, activates upon same trade direction if new signal
(“Enable SL” & “Allow re-entry” must be switched on)
Chart legend:
- Red arrow = Short Signal
- Blue arrow = Long Signal
- Red square = Stop loss (when trade entry)
- Purple square = Stop loss (when hit)
NB1: Be sure to set both Study and Strategy script settings to the same values if you want to achieve similar results in both scripts.
NB2: When setting up your alerts, preferably use option “Once per bar close” to get proper confirmations.
Enjoy!
RSI Divergences + Bollinger Bands█ OVERVIEW
Here's the RSI divergences with Bollingers bands.
█ CONCEPTS
5 features
1 — RSI
2 — Bollinger bands
3 — RSI signal is in another color when above 70 or below 30
4 — Looking for previous Divergences, Bullish, Bearish and Hidden Bullish and Bearish but I don't like Hidden divergences
5 — Color fill when overbuy or oversold
█ OTHER SECTIONS
I like to see it like a moutain, with snow on top and lake on bottom. I think you don't want to start walking at the top, nor sink to the bottom of the lake for ever and ever.
It is an idea of sjoerd , tip him if you like it.
An oscillator is good to know where we are in the trends, but it's not enough to run a small business of trading, you need to learn how to use it.
What is a divergence ?
Thanks to The rational investor for teaching me how to use this indicator.
T3 + BB
TRES EMAS + BANDAS DE BOLLINGER
INDICADOR 1: TRES EMAS (MEDIA MOVIL EXPONENCIAL)
Con este indicador puede visualizar el promedio de precios con mayor peso a los datos mas recientes.
Se calculan y dibujan tres medias móviles exponenciales: 4, 20 y 200 últimas velas.
-Rápida EMA1 = 4, paso = 1
-Media EMA2 = 20, paso = 2
-Lenta EMA 3 = 200, paso = 10
INDICADOR 2: BANDAS DE BOLLINGER
Con este indicador podrá ver la fuerza y la tendencia del mercado, es decir la mide la volatilidad del precio del activo.
Si el precio sobrepasa la banda superior, el activo está sobrecomprado.
Si el precio sobrepasa la banda inferior, el activo está sobrevendido.
Longitud tendencia - BASE = 20, paso = 1
Desviación Estándar - Multiplicador = 2, paso = 0.2
Estos 2 indicadores sirven para todo tipo de activos: FOREX, CRIPTO, CFD´s, ETC.
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THREE EMAS + BOLLINGER BANDS
INDICATOR 1: THREE EMAS (EXPONENTIAL MOVING AVERAGE)
With this indicator you can visualize the average of prices with greater weight to the most recent data.
Three exponential moving averages are calculated and drawn: 4, 20 and 200 last candles.
-Fast EMA1 = 4, step = 1
-Average EMA2 = 20, step = 2
-Slow EMA 3 = 200, step = 10
INDICATOR 2: BOLLINGER BANDS
With this indicator you can see the strength and trend of the market, that is, it is measured by the volatility of the asset price.
If the price goes above the upper band, the asset is overbought.
If the price goes above the lower band, the asset is oversold.
Trend length - BASE = 20, step = 1
Standard Deviation - Multiplier = 2, step = 0.2
These 2 indicators are used for all types of assets: FOREX, CRYPT, CFD's, ETC.
RedK Smooth And Lazy Moving Average (SALMA)Here's a quick and simple script that produces yet another Smooth and Lazy Moving Average - SALMA - that helps hide noise caused by extreme price fluctuations to enable better trend visualization and tracking
Concept:
===========
SALMA is based on a simple concept - we calculate a standard deviation channel of a user-selected width - then correct the price value so that it is restricted within the boundaries of the SD channel - effectively adjusting against high-volatility, sudden price moves - which acts as a pre-smoothing of the price values - then we calculate our moving average and apply extra smoothing as needed.
Since only "persistent" price moves will have an effect on the direction of this MA, it will be suitable to use as an additional trend guide with other indicators, and to consider only long positions when the price is above the SALMA, and short positions only when the price is below
Notes:
========
- for the time being, i'm using Weighted Moving Average (WMA) for the calculation of the base price MA and the SD channel - we can add other MA types as options in a future versions based on feedback
- will add alerts in a future update
- SALMA can be used with any timeframe. can also be set to a higher timeframe against a lower timeframe chart
i have also added couple of standard moving average lines (choose between SMA, EMA and WMA) of selectable lengths - to enable utilizing this in a Moving Average cross-over setup - or to simply monitor other common MA's that other traders are using.
here's how the settings look like when you add SALMA to your chart
Please feel free to play around with SALMA and share feedback :)
Chimpanzee V2.5 part A by joylay83Hi everyone, I am an amateur pinecoder. I would like to share my script which is coded with the intention of generating signals to send to 3commas webhook. It is still in development and revision.
This collection of indicators use:
Chart: 15m.
Inverse Fisher Transformation of the RSI to detect dips in the 15m timeframe.
Bollinger band (4H) to filter out false signals.
Triple EMA 21: to mimic price action for easier coding alerts. Currently not involved in generating signals. will be incorporated in the future.
StochRSI: As a visual filter. Currently not involved in generating signals. will be incorporated in the future.
Background will be green if stochRSI is low and red if stockRSI is high.
Candlesticks will be marked with a flag is TEMA breached BB.
One would need to play around with timeframes, BB settings and IFTRSI threshold for different signals.
There are 2 Signal Modes (with regards to IFTRSI):
Threshold: When price action falls below BB and IFTRSI hits buy threshold, a buy/sell signal is generated. Eg if IFTRSI buy threshold is set to -0.9, the buy signal will remain continuously positive as long as IFTRSI is < 0.9.
Cross: When price action falls below BB and IFTRSI hits threshold, nothing happens. It will wait until the IFTRSI cross back over the threshold before firing a signal.
There is another identical set of indicators running on a higher time frame (IFTRSI: 4H, BB: D or 3D, TEMA 21 4H) but on the same chart. This tend to generate less signals but are more reliable. A usage example would be to send a larger buy order if the signal comes from this higher time frame, or execute a sell order after multiple buys from the lower time frame.
It comes in 2 parts:
Part A: Contains overlay display. This displays BB, Triple EMA, buy/sell and StochRSI in labels. the labels are self explanatory.
Part B (please search for it): which is actually the same code but contain non-overlay display. You may also put part B overlay=true but scale to LEFT. The advantage of using overlay=true is that you can move the signal right over the candlesticks (mainly for troubleshooting/debugging). This part contains Inverse Fisher RSI, %B, Signal Line. %B is supposedly idential to Bollinger Bands in Part A.
By default, when there is a buy/sell signal:
lower time frame 15m: Signal Line in Part B will turn blue with a value 1 or -1 which corresponds to a buy or sell label in Part A
higher time frame 4H: Signal Line in Part B will turn red with a value 2 or -2 which corresponds to a HTF buy or sell label in Part A
Part A or B may be used to send signal to the webhook. You have to make sure that the settings of Part A and B are identical.
You may choose to un-display some items to reduce clutter.
Current problems:
1. Still too many buy signals
Although many times it will generate excellent buy signal at many swing lows, but there are many buy signals prior to a major swing low. This can be observed in the picture above. It also generate a couple of buy signals prior to the swing lows. I am currently experimenting with 20m and hourly timeframe to address this issue. More filters are needed eg an oscillator or detecting candlestick patterns.
2. Premature sell signals.
The sell signal is often generated at the beginning of a major bull run. My idea to solve this problem is to move to a higher timeframe and sell only when TEMA crossunder the upper bollinger band.
3. Lack of a backtester that can test multiple concurrent deals.
Buy -> Buy (average down) -> Buy (average down) -> Buy (average down) -> Sell
4. Lack of the ability to calculate average purchase price
Probably have to code it as a strategy
5. Display lag
As the browser is running 2 copies of the idential script, it tends to lag when you drag your chart around. So far there are no timeouts or delay in firing alerts to 3commas.
I do welcome any suggestion for improvement and constructive criticism. tqvm.
Credits : Thank you for doing an awesome job. I learnt a lot from your codes and tutorials.
Credits not listed in any order. If your code is used here and did not receive due credit, kindly drop me a note. tq.
Blessing 3 by JTA Today
@ZenAndTheArtOfTrading (extremely-easy-to-understand tutorials eg fixing repainting)
@LazyBear (various codes)
@Galactus-B Argo I
@TheTradingParrot (Inverse Fisher RSI and Gavin's backtester)
@zendog123 (backtester and various codes)
@ydeniz2000 (Bollinger Bands)
TradingView built-in scripts
Multiple Timeframe (Moving Average) With InfoThis indicator combine 4 indicator in one pine script : Main indicator is Moving Average in multiple timeframes, Bollinger Band, Crossover Signal, Info Panel, 52Weeks High & 52 Weeks Low.
1)
For multiple moving average, it has 9 difference timeframes.
- Default timeframes is (1minute, 5minutes, 15minutes, 30minutes, 1hour, 4hours, 1Day, 1Week & 1Month). User also have choices to change the option.
- For Moving Average, there also available multiple choice of Moving Average : SMA , EMA , DEMA , VWMA , RMA, WMA . Default Moving Average is EMA (200)
- There also include info panel / table that show TF (Timeframes) for every MAs, & their price. Colors change according to current price. Bullish = Green, Neutral = Neutral, Bearish = Red
There are also function for user to turn on/off :
- (MA) Type & Lenght.
- Multiple MAs.
- Info / Table
User can use multiple line in daily chart to find support & resistance .
Example : For uptrend stock, candle close on top of EMA200 line for 1 hour timeframe. So it's can becomes immediate support, while the other EMAs on below is their next support.
Example :
For downtrend stock, candle close on top of EMA200 line for 5minutes timeframe. So it's become support, while the other EMAs on top is their resistance.
Example :
This Multiple MAs Inspired by xdecow :
www.tradingview.com
Checkout his Multi Timeframe Moving Average here :
2)
This indicator also have Bollingger Band. User have option to turn it on / off. User can use it as a target price if all the EMAs below the candle.
Example :
3)
This indicator also shown 52 Weeks High & 52 Weeks Low. User have option to turn it on / off. Their price also shown at the info panel.
Example :
4)
Crossover Signal. This crossover is default, it happen when candle close on top / near timeframe 5Minutes is (Ready). While candle close below timeframe 5Minutes is (Caution). User can choice other shape if they don't want the text label. To change the crossover for other setup, user can change it under = #2. The crossover only shown in past 10 candle.
Example :
Feel free to use it & comment. Thanks.
Bollinger Band CloudThis script shows a cloud of Bollinger bands of various period lengths surrounding price action.
The bands can be set to 1.25, 2.25 or 3.25 standard deviations.
Functionally, where bands start to converge, especially using 1.25sd, indicates fairly reliable support/resistance. If price action breaks through, price may start trending.
There is also an option to flag price action that breaks through 3.2sd for periods lengths greater than 14. When this happens, watch for a possible stall or reversal.
This concept is merely standing on the shoulders of @acatwithcharts and @dadshark, and I highly recommend using this alongside their indicators. Do yourself a big favor and get to know their work on Advanced Volatility Theory.
Creentrend Pressure SignalsThe hull moving average is my favorite moving average, as well as slower (55ma Bollinger Bands dev@(1.618)) is my favorite standard deviation indicator. Lets combine the two to evaluate overbought, oversold, and pressure.
Use for all time frames- I PREFER daily.
Bollinger band MA at 55
Hull ma at 55
The Hull is more reactive and faster than any band on the BB (both at 55)
When HULL closes BELOW LOWER BAND- it will print a buy signal, remember- over sold and overbought in VOLATILITY could be dangerous on low time frames, as swift moves typically have short term reversals but return to the main trend eventually, this is why i reccomend daily candles.
When PRICE closes ABOVE UPPER BOLLINGER BAND- it will print a green ^ signal under candle indicating upward pressure.
When HULL closes ABOVE UPPER BOLLINGER BAND- it will print a red resistance line. Complex tops happen a lot with bitcoin so take a 1-5% stop above it if shorting.
