This simple script provides Bollinger Band and Keltner Channel indicators, and will highlight areas where the Bollinger Bands enter into the Keltner Channel. This script is based on the Failed Volatility Breakout (FVBO) System used by professional trader ChrisD_Macro. The default plot styles for the indicators in this script are based on Chris's setup, but...
All credits goes to Changed code to allow alerts at a request from a friend
This script highlights the indicator background when the Bollinger Bands are breached making it easier to spot them. Good for strategies that rely on Bollinger Band breaches Note: Clean version
Bollinger Bands strategy that I am trying out, however I can't get my strategy.close to work. Looking for help.
Since there has been some demand for the QQE (Qualitative Quantitative Estimation ) figured I should upload my modified version of it as well. The Orginal script is from Glaz, this is not my original idea - all I did was pretty much smash two QQEs together. So there are Two QQEs in one script, right? One that is shown on the chart as columns, and the other...
It is a long only strategy. 1. Buy when price breaks out of the upper band. 2. Exit has two options. Option 1 allows you to exit using lower band. Option 2 allows you to exit using moving average. 3. Option 1 preferred over option 2 if the instrument is highly volatile. 4. Slippage and commissions are not considered in the return calculation.
Here are my Bollinger Bands that come with 2 std dev bands and a variety of moving averages. The bands can have shading between the bands and the middle section can be shaded. Moving Averages include: SMA EMA Weighted Hull Symmetrical Volume Weighted Wilder Right now my 2 favorites are the Hull with a std dev of .5 and the Wilder with a std dev of 1.7 and 2.0....
This is ready to use Bollinger Band strategy that was backtested on the data from the previous year 2019. The main purpose of this strategy is to determine trades with the highest probability of success, to keep a consistent portfolio growth throughout the year. This strategy cherry-picks the most reliable points of entry on a particular timeframe (30m) for the...
This indicator ads option to compare BandWidth accross time. John Bollinger says he uses 125 period.
Hello guys, once again, I want to show you a different method for detecting support and resistance level. Today's approach is similar to the one I posted recently, but the way the level will be detected is different. I call it the multi-timeframe standard deviation level. How does it work? The method is similar to the way Bollinger Bands work. First, the...
This is Exponential Deviation Bands. It is a price band indicator based on exponential deviation rather than the more traditional standard deviation, as you find in the well-known Bollinger Bands calculation. As compared to standard deviation bands, exponential deviation bands apply more weight to recent data and generate fewer breakouts. There fore it is a much...
FRAMA – What is it? Fractal Adaptive Moving Average Technical Indicator ( FRAMA ) was developed by John Ehlers, code was implemented by TradingView user Shizaru. I've updated it to Pine Script 4 and added Bands Extension. This indicator is constructed based on the algorithm of the Exponential Moving Average , in which the smoothing factor is calculated based on...
Bollinger band is converted to EMA , and support and resistance bands are made into regions
General purpose Bollinger band indicator with a number of configuration options and some additional color-coded information. The main advantages of it over standard Bollinger bands are: 1) Better statistics: * Uses volume weighted moving averages, variance, and standard deviation by default. The volume dependence can be disabled with a checkbox option, but...
This multi Indicator includes: 3 Moving Averages 2 Exponential Moving Averages Bollinger Band Ichimoku Parabolic SAR You can change the colors if you want. Go to setting to enable Ichimoku or SAR or disable others. The color tolerance is by default zero which results in a very sensitive color change. You can change it to decrease the sensitivity. The value should...
I just did a Bollinger Bands script with my newly CB moving average While I'm generally against posting strategies because it's very easy to fake performance numbers... This is just to share a cool strategy snippet. My settings are 10 contracts/order with pyramiding set to 10. You can make the profitability a lot higher if you set the order size higher. But that...
English In general, Bollinger Bands are used as an indicator to visualize the "reversion to the mean". However, in this model, by using smaller variable values (default: 10 time intervals instead of 20, 1 standard deviation instead of 2), they are used as an trend following indicator. Two consecutive closes above the upper band form a buy signal (symbol 'B' above...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...