CBG Swing HighLow MAThis indicator will show the swing high and lows for the number of bars back. It's very easy to use and shows good support and resistance levels.
I then took it a step further and added a moving average with all the standard types in my indicators:
SMA
EMA
Weighted
Hull
Symmetrical
Volume Weighted
Wilder
Linear Regression
I then added Bollinger Bands to show the standard deviation from the midline.
Finally, I added a simple bar coloring scheme: green if above the upper BB, Red if below and orange if in the middle.
I am just testing this out so please use with caution. If anyone in the community wants to run some backtests, that would be great and we would all appreciate it.
Of course you can keep it all simple and turn off all the moving averages and bollinger bands.
Enjoy! :-)
حدود بولنجر
Gap driven intraday trade (better in 15 Min chart)// Based on yesterday's High, Low, today's open, and Bollinger Band (20) in current minute chart,
// Defined intraday Trading opportunity: Stop, Entry, T0, Target (S.E.T.T)
// Back test in 60, 30, 15, 5 Min charts with SPY, QQQ, XOP, AAPL, TSLA, NVDA, UAL
// In 60 and 30 min chart, the stop and target are too big. 5 min is too small.
// 15 min Chart is the best time frame for this strategy;
// -------------------------------------------------------------------------------
// There will be Four lines in this study:
// 1. Entry Line,
// 1.1 Green Color line to Buy, If today's open price above Yesterday's High, and current price below BB upper line.
// 1.2 Red Color line to Short, if today's open price below Yesterday's Low, and current above BB Lower line.
//
// 2. Black line to show initial stop, one ATR in current min chart;
//
// 3. Blue Line (T0) to show where trader can move stop to make even, one ATR in current min chart;
//
// 4. Orange Line to show initial target, Three ATR in current min chart;
//
// Trading opportunity:
// If Entry line is green color, Set stop buy order at today's Open;
// Whenever price is below the green line, Prepare to buy;
//
// If Entry line is Red color, Set Stop short at today's Open;
// Whenever price is above the red line, Prepare to short;
//
// Initial Stop: One ATR in min chart;
// Initial T0: One ATR in min chart;
// Initial Target: Three ATR in min chart;
// Initial RRR: Reward Risk Ratio = 3:1;
//
// Maintain: Once the position moves to T0, Move stop to "Make even + Lunch (such as, Entry + $0.10)";
// Allow to move target bigger, such as, next demand/supply zone;
// When near target or demand/supply zone or near Market close, move stop tightly;
//
// Close position: Limit order filled, or near Market Close, or trendline break;
//
// Key Step: Move stop to "Make even" after T0, Do not turn winner to loser;
// Willing to "in and out" many times in one day, and trade the same direction, same price again and again.
//
// Basic trading platform requests:
// To use this strategy, user needs to:
// 1. Scan Stocks Before market open:
// Prepare a watch list for top 10 ETF and Top 90 stocks which are most actively traded.
// Stock might be limited by price range, Beta, optionable, ...
// Before market open, Run a scan for these stocks, find which has GAP and inside BB;
// create watch list for that day.
//
// 2. Attach OSO and OCO orders:
// User needs to Send Entry, Stop (loss), and limit (target) orders at one time;
// Order Send order ( OSO ): Entry order sends Stop order and limit order;
// Order Cancel order ( OCO ): Stop order and limit order, when one is filled, it will cancel the other instantly;
(NKC) MTF Squeeze Pro MultiTimeframe Squeeze Momentum Pro
Dots indicate squeeze
Fills indicate momentum
BB Monitor IndicatorThis is a basic volatile indicator based in the Bollinger Bands that show the explosive market moves (up/down).
Double Bollinger Bands StrategyThe Strategy involves two Bollinger Bands (BB) at a go.
One with Divergence of 1 and another 2.
Strategy:
When the price rides above the inner BB, buy, check if it rides above the second BB. Exit when price falls inside the Outer BB and enters the Inner BB.
When the price rides below the inner BB, buy, check if it rides below the second BB. Exit when price rises inside the Outer BB and enters the Inner BB.
Short-Term Ichimoku Kinko-hyo+This Ichimoku Kinko-Hyo is an indicator which has been changed for short-term trading and, It has a “target price theory(one of three theory of Ichimoku Kinko-Hyo) function.”
Also, In this indicator, It can be plotting the “Span model”, “Super Bollinger Bands” which has Invented by a Japanese currency dealer Toshihiko Masaki, And Moving Average.
In addition, you can select setting only “clouds” and “Lagging span” or displaying Default Ichimoku Kinko-Hyo.
This indicator is modified original Ichimoku Kinko-Hyo, but It made based on the true usage of Ichimoku Kinko-Hyo.
For the evidence, I referred to the book supervised by Ichimoku-Sanjin the third generation.
Describe below about features↓↓↓.
- 2nd Cloud to check relation two Lead Lines and Lagging span.
- Background-color for discovering “Three Roles Improvement (In Japanese: 三役好転)” and “Three Roles Reversal (In Japanese: 三役逆転)”.
- Signal of Crossing Base Line and Conversion Line.
- mode selection of Ichimoku Kinko Hyo.
- Calculation feature for Target Price theory.
- A switch to replace Base Line and Conversion Line with 3 Moving Average lines.
- And others...
JSE Top 40 Comparative Relative Strength RSI OscillatorThis code is the result of an idea by @MarcoOlivano. The question was that if putting the comparative relative strength as an RSI oscillator would help in understanding the relative strength of the stock to the overall market? As we both trade the JSE I have made the JSE:J200 or Top 40 the basis for comparison. This can be changed in the settings dropdown if you want to compare with the All Share Index (JSE:J201) or other markets such as the S&P.
On the chart above I have included the Comparative Relative Strength as a reference together with the Comparative Relative Strength RSI.
If you use the indicator or adapt it please let me know if it works for you, how you use it and if it has any value.
Fancy Bollinger Bands [BigBitsIO]This script is for a Bollinger Band type indicator with as many features as I can possibly fit into a Bollinger Band type indicator.
Features:
- A single custom moving average serving as the middle band.
- Standard MA inputs.
- MA type.
- MA period.
- MA price.
- MA resolution (time frame).
- Visibility toggle.
- MA Candle Type
- Fancy MA inputs.
- Toggle to show only candles included in the MA calculation ("Highlight inclusion") or display entire MA history.
- Toggle to show a ghost trail when Highlight inclusion is toggled on. Displays a shaded version of past MA history before the inclusion period (as seen on snapshot).
- Toggle to show forecast values for the MA.
- Other inputs related to forecasting:
- Forecast bias. (Neutral forecasts MA if the current price remains the same.)
- Forecast period.
- Forecast magnitude.
- Toggle showing details on the screen
- Toggle the visibility of the fill between the upper and lower bands.
- Toggle to use ATR instead of the standard deviation to calculate the location of the upper and lower bands.
- Custom input for the ATR period.
A couple of quick notes. The label will only show up if toggled on, and will always show above the highest of either the candle high or upper band. The fill colors are based on the level of %B currently on the indicator. Higher levels are green, and brighter green, while lower levels are red and brighter red. The fill is lighter in shadow areas to reflect their status as not being included in the middle band calculation.
*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
SB Bollinger BandsStandard BB with two colored candles for better view.
Green = candle close above upper band.
Red = candle close below lower band.
Display RSI value on chart overlay when RSI crossover overbought level or RSI crossunder oversold level.
JSE Top 40 Comparative Relative StrengthThis code adapts the code by vitvlkv to be appropriate for comparison of JSE stocks with the Top 40 index. It also includes moving averages and Bollinger Bands to identify extreme conditions. You can change the colours and deselect moving averages to make the plot less cluttered. You can also change the selection to compare the stock against to JSE:J201 if you want to compare it to the All Share Index.
Strategy - Backtest Uber WAE - Waddah Attar Explosion [UTS]Backtest of WAE - Waddah Attar Explosion
Backtest with focus win/loss profitability.
Formula: profitability = win / (win+loss)
Default equity 100k USD
Default 2% Risk per trade
Default currency USD
Define backtest interval precisely by month, year, day
LONG and SHORT positions
Visualize SL and TP on chart
ATR (len: 14, smooth: SMA)
ATR based Stop-Loss, if hit trade will be closed and considered as loss
ATR based Take-Profit, if hit trade will be closed and considered as win
On TP or SL hit the trade is closed and marked as win/loss
Gap Trading Strategy: CME BitcoinI created a strategy which finds gaps on CME Futures market for Bitcoin, BTC1! and opens a long or short position on the crypto exchange depending on what kind of gap was found (up or down) on CME.
Up gap: today open price > previous day high price
Down gap: today open price < previous day low price
Two lines below the main chart show when gaps appear. The green line represents the size of up gaps, when it crosses zero it gives a long signal. The red line - represents the size of down gaps, when it crosses zero - short signal.
Instead of having to look between multiple charts, this simply overlays the past weeks open and close should a gap appear.
Usage:
Strategy flips long / short depending of indicator signals. It could cut the position by stop loss or take profit.
Features:
ability to set stop loss and take profit in %
ability to set delta for gaps (if you want to filter small ones)
ability to choose strategy type. Standart: Long Up/Short Down || Inverse: Short Up/Long Down.
Backtesting:
Backtested on BTCPERP ( FTX ) and XBTUSD (Bitmex).
It shows a low drawdown, a small number of trades and 50% of profit for the 2020.
For example, I set high delta for down gaps to filter small ones
Strategy doesn't repaint.
McMillan Volatility Bands w/ Buy & Sell Signals [optstrategist]BACKGROUND
McMillan Volatility Bands are an alternative approach to John Bollinger's "Bollinger Band" study and developed by world-renowned options trader and author Lawrence G. McMillan. Given his background in options trading, it was natural for Lawrence to approach any volatility-based study in the same manner options are priced --using Black-Scholes model. This model of pricing assumes a financial asset's volatility should be measured in percentage change rather than absolute value change.
OVERVIEW
The McMillan Volatility Bands indicator for TradingView will plot the 3 and 4-standard deviation bands around a 20-day moving average. This is how Larry has always used this system. The user can, however, change the standard deviation value as well as the moving average length to their preferred setting. This indicator can be used on any asset and on any timeframe.
Furthermore, the indicator will plot buy and sell signals based on a trading system used by Larry in his flagship newsletter publication The Daily Strategist. The system gives a signal when price closes outside the 4-sigma band and then closes back within the 3-sigma band. That 'signal bar' will be colored red or green for a sell or buy signal setup, respectively.
Finally, an arrow will be plotted on the chart where the system would actually enter the trade. This is determined when price trades a little beyond the extreme of the 'signal bar'. The level by which price has to go beyond the 'signal bar' is an input parameter and can be adjusted by the user. We've chosen the default value of 0.34. This means, the indicator will not give a buy or sell entry until the price moves: 1/3 x beyond the extreme signal bar. This is to prevent getting whipsawed by some setups that never really move in your favor. We've found it successfully removes the less-valuable trade setups.
PARAMETERS
ma_length => length of the moving average that the volatility bands work off of
outside_sigma => standard deviation of outer volatility band
inside_sigma => standard deviation of inner volatility band
entry_trigger_cushion => this refers to the percentage of the signal bar's range. The default value is 0.34. This means price will need to move 1/3 (~34%) of the signal bar's range beyond the high (for a buy) or low (for a sell) of the signal bar to trigger a buy/sell entry. This entry plots the arrow on the chart. We have found requiring this extra move in price eliminates many of the less-desirable signals at the expense of entering the better signals a little later.
WANT TO PURCHASE OR NEED MORE INFORMATION ON McMILLAN VOLATILITY BANDS?
Visit the link below to see purchasing options as well as screenshots of the indicator and how we trade it at McMillan Analysis Corp.
Bollinger Channels / EMA and SMAThis is written as a system to replace the BB strategy.
I think it will work well.
It looks pretty stylish.
Description / Usage:
Adjust the length and multiplier based on your location with Bollinger Bands.
The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA).
And with the 8-day exponential moving average, you can observe short entries and exits.
I wish good luck to the friends who will use it.
You can support and track new indicators.
Bu, BB stratejisinin yerini alacak bir sistem olarak yazılmıştır.
Oldukça şık görünüyor.
Kullanım
Bollinger Bantları ile bulunduğunuz yere göre uzunluk ve çarpanı ayarlayın.
1 çarpanı size yüksek ve düşük kaynaklı EMA (veya SMA) içeren temel bir kanal sağlar.
Ve 8 günlük üstel hareketli ortalama ile kısa giriş ve çıkışları gözlemleyebilirsiniz.
Kullanacak arkadaşlara bol kazançlar diliyorum.
Yeni indikatör için destek olabilir ve takip edebilirsiniz.
Mean Reversion w/ Bollinger BandsThis is a more advanced version of my original mean reversion script.
It employs the famous Bollinger Bands.
This robot will buy when price falls below the lower Bollinger Band, and sell when price moves above the upper Bollinger Band.
I've only tested it on the S&P 500, though you could try it out on other assets to see the backtest performance.
During the recent COVID-19 bear market drop, it produced several buy signals on the S&P which I followed, and made some nice gains so far.
I still think this would make a better investing strategy (buy undervalued / sell over-valued), rather than a trading strategy.
I use this robot for my long term portfolio.
Better Bollinger BandsIt is a highly configurable Bollinger Bands implementation.
You can choose different moving averages: EMA, SMA, WMA, VWMA, RMA (Wilder's EMA), ZLEMA, HMA (Hull MA), ALMA
Select between standard or mean deviation
You can use "High" or "Low" for upper and lower bands, which makes them much better for dynamic support-resistance
You can shift (offset) right the bands to use it as support and resistance in the future
Bollinger Bands Fibonacci Ratios (Automatic Timeframe)A Fibonacci Bollinger Bands indicator with automatic timeframe detection.
The timeframe reverts to the value specified in settings when viewing Daily, Monthly or seconds-based charts.
Based on: Bollinger Bands Fibonacci ratios by Shizaru (/script/bCy9urOG-Bollinger-Bands-Fibonacci-ratios/)
PS3X BB CompanionTo be used as a visual tool alongside "Profit Sniper 3.0" Indicator to allow you to identify suitable exit points for trades relating to price crossing Bollinger Bands, example use is on the 30 minute chart to identify bullish or bearish trends to guide lower timeframe trading plays.
Send me a PM to get access.
PS3X BB CompanionPS3X BB Companion indicator to use ideally on higher timeframes (HTF) to alert on trend changes and potential trade exits.
To be used as a visual tool alongside "Profit Sniper 3.0" Indicator to allow you to identify suitable exit points for trades relating to price crossing Bollinger Bands, example use is on the 30 minute chart to identify bullish or bearish trends to guide lower timeframe trading plays.
Send me a PM to get access.
Multiple MA + Bollinger bands + Ichimoku cloudThis is an extension of my previous script 'Multiple MA', now featuring also an Ichimoku Cloud and Bollinger bands.
More, I added more functionality to the integrated Bollinger bands script, that by default use only Standard Moving Average to plot the bands. With this script you can plot Bollinger bands using the MA you prefer from the ones included in the 'Multiple MA' script (SMA, EMA, WMA, VWMA and Hull MA), allowing you to better fit your preferences.
About Ichimoku cloud I choose to enable by default only the cloud and the lagged price, which I consider the most useful components of this indicator, however you can enable each component from the settings.
I tried to make 3 indicators fit well with each other using some graphical customization (It works quite well with dark background). However keep in mind that i made this script as much customizable as possible, letting you enable and disable each one of the components from the plot. So you can take advantage of the whole indicators, and in case, clean the plot when you feel it's too much full of drawings and lines.
Please show me your support if you like the script, and find it useful, thanks!
Bollinger Bands Deviation - yo_adriiiiaanBollinger Band Deviations
In theory price trades within 2 standard deviations 95% of the time. This is an attempt to capture that 5% that deviates from the bands.
Useful for taking profit or signaling a reversal.
