One of the key features of this BB%B is its ability to highlight overbought and oversold conditions. This allows you to make informed decisions on when to enter and exit a trade, helping you maximize your profits and minimize your losses. - Bollinger Bands %B with the ability to change to a different Time Frame.(Defaults to current Chart Time Frame). - Ability...
This indicator plots 9 upper and lower lines with increasing length. Lines are 0.618 upper and lower level of Bollinger band.
Introducing the "Adaptive Channel Breakout" indicator, an advanced charting tool that employs the acb function from the PeacefulIndicators library. This powerful indicator helps traders detect potential breakouts and trends by displaying an adaptive channel on the chart. Key features of the Adaptive Channel Breakout indicator include: Customizable input...
Simple indicator that is based on the average line of the bollinger bands and the exponential average of 200 periods. The customizable variable is bollinger bands length, currently the default is 35, you can tweak it to your liking and see how trend identification changes. My recommendation is to work in 5-minute time frames in values such as SOL, FTM or MASK...
The Galactic Bollinger Bands Envelope (GBBE) is a technical indicator that is used to identify potential areas of support and resistance in a trading instrument's price. The GBBE indicator is similar to the traditional Bollinger Bands (BB) indicator but offers certain advantages and improvements over the standard BB indicator. The GBBE indicator is based on a...
This indicator has different features: 1. Ichimoku = this indicator can plot Ichimoku calculated both in the common formula and with the volume average, you can choose the calculator method for each line. 2. Channel and Bands = this mode allows the user to choose from channel and band, "channel" shows the Keltner channel, and "band" shows the Bollinger bands. Both...
Here is my rendition of Bollinger Bands Width. If you are unfamiliar, Bollinger Bands Width is a measure of the distance between the top and bottom bands of Bollinger Bands. Bollinger Bands themselves being a measure of market volatility, BB Width is a simpler, cleaner way of determining the amount of volatility in the market. Myself, I found the original, basic...
A breakout in trading refers to a situation where the price of a security or asset moves beyond a defined level of support or resistance, which is typically indicated by technical analysis tools like Bollinger Bands . Bollinger Bands consist of three lines: the upper band, the lower band, and the middle band (or basis). The upper and lower bands are set at a...
I developed Bollinger Bands that provide a numeric value indicating their strength. To achieve this, I used the degree of the angle of attack and color-coded the numbers. The top band displays the number in the upper corner of the chart, the bottom band in the bottom corner, and the Basis is in the left middle. These numbers quantify the slope of the bands, which...
Centered around a Variable Moving Average (Rail Line). The Variable Moving Average (VMA) is a study that uses an Exponential Moving Average being able to automatically adjust its smoothing factor according to the market volatility. In addition to the Rail Line or VMA, the indicator makes use of Bollinger Bands in two ways. First, it displays when the Bollinger...
What are Weighted Deviation Bands? Variation of the Bollinger bands but it uses linear weighted average and weighted deviation via Mladen Rakic. What is Weighted Deviation? This weighted deviation is a sort of all linear weighted deviation. It uses linear weighting in all the steps calculated (which makes it different from the built in deviation in a case when...
Description This indicator is aimed at showing the pivot points of the trend by using Ichimoku cloud and Bollinger bands. BOLL : Upper Bollinger Band. The red circle formed on it refers to the downward intersection of the MACD indicator. In the downward intersection, a red circle appears. BOLL : Middle Bollinger Band. BOLL : Lower Bollinger Band. The...
Fibonacci Volatility Bands are just an alternative that allows for more margin than regular Bollinger Bands. They are created based on an average of moving averages that use the Fibonacci sequence as lookback periods. The use of the Fibonacci Volatility Bands is exactly the same as the Bollinger Bands.
Hello, here is an indicator that can be helpful for your trading that is simple and easy to use. Our culprit here is a candle that opens and closes below the lower band of Bollinger Band, Black and red lines are put on the high and low of that candle. Green Arrows are happening when: 1- When candle closes above the black line and Stochastic RSI is in the...
Giga Kaleidoscope Waddah Attar Explosion (WAE) is a Volatility / Volume module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the...
what is Faytterro Bands? it is a channel indicator like "Bollinger Bands". what it does? creates a channel using standard deviations and means. thus giving users an idea about the expensive and cheap zones. It uses a special weighted moving average different from standard bollinger bands, it also averages not only price but also deviations. how it does it? it...
Description: This indicator works well in trendy markets on long runs and in mean-reverting markets, at almost any timeframe. That said, higher timeframes are much preferred for their intrinsic ability to cut out noise. The example chart is in 3H TF. Be mindful, the script shows somewhat erratic jigsaw-like behaviour during consolidation periods when the...
Our new "Z Pack" indicator is a modified version of the traditional Bollinger Bands indicator, with a bunch of additional features what makes it a powerful tool that allows traders to make informed decisions based on the market's volatility and short-term trend. The z-score of the Bollinger Bands indicator is a measure of how many standard deviations the current...