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Bollinger Bands (BB)

Radar Screen v3This is a combination of various indicators that very rarely conflict, thus giving us a good understanding: - "Price Rally" detecting whether price is rallying, giving us confidence it will continue. - Volume - knowing volume is going with the trend is a good confidence check. - Trend Angle - This will go red or green depending on whether the price angle is going up or down, taken over three bars. - VWAP for all of these stock traders. - EMA8 is a very sensitive moving average, good for short term trades. - CCI SMA is a strategy I commonly use, please check out my other indicators for a functional description. - Stochastics is used throughout many systems. - RSI BB shows where price is rebounding of the bollinger band and then moving up or down. As per all of my indicators, the system is simple - The more green lines you see, the stronger the buy signal. The more red lines you see, the stronger the sell. If its a 50/50 mix of red and green, then don't trade. I can customise this further or add other strategies, please message me.
Pine Script® indicator
by ForexResearchLabs
13
[M2J] Indicator | Turtle Atom Duck Signal Turtle Atom Duck shows potential buy and sell It consist of 3 indicators Turtle - Donchian Channel - bullish when price close above previous 1 bar high - bearish when price close below previous 1 bar low Atom - Bollinger Band - bullish when price close above upper band - bearish when price close below lower band Duck - Moving Average (Default 50-period EMA) - bullish when price close above moving average - bearish when price close below moving average When all 3 are bullish, buy signal appears When all 3 are bearish, sell signal appears Screener Turtle Atom Duck Example: FBMKLCI Technology Sector Health Sector TOPGLOV BINTAI XOX PRLEXUS JCY EURUSD XAUUSD
Pine Script® indicator
by Mango2Juice
10
Volatility Bands by DGTVolatility represents how large an asset's prices swing around the mean price, the degree of variation of a trading price over time, and is commonly measured with beta (β) coefficients, standard deviations (σ) of returns where tools such as Average True Range, Bollinger Bands, Keltner Channel, Squeeze Indicator, etc presents volatility concept Volatility often refers to the amount of uncertainty or risk related to the size of changes in a security's value. The higher the volatility, the riskier the security - the price of the security can change dramatically over a short time period in either direction. A lower volatility - security's value does not fluctuate dramatically, and tends to be more steady This study, Volatility Bands , attempts to present a way to measure and visualize volatility , using standard deviations (σ) and average true range indicator, and aims to point out areas that might indicate potential trading opportunities I will try to explain the usage with examples, same setup with different option selected as you may observe from the examples different setting may have advantages and disadvantages over one another, it is recommended to verify a trading setup with different available options. Additionally, It is recommended to use this indicator in conjunction with other technical indicators, or verify using chart/candle patterns. Below is an usage example using in conjunction with other indicator, in the given example “Neglected Volume by DGT” is selected Similarities and Differences Bollinger Bands depicts two standard deviations above and below a simple moving average, and Keltner Channel depicts two times average true range (ATR) above and below an exponential moving average Volatility Bands study combines the approach of both Bollinger Bands and Keltner Channel, with different settings and different visualization Default settings are one standard deviations and one time average true range (ATR) above and below 13 period exponential moving average. Setting can be adjusted by users but let me remind all testes are performed with the default settings. Mathematically expressed as Upper band area between “ema + stdev” and “ema + atr” Lower band area between “ema – stdev” and “ema – atr” A different display is added with the inspiration I get from one of the @quantgym ‘s study, many thanks @quantgym 😉 When difference band display is selected the study will reflect the area between “ema + stdev – atr” and “ema – stdev + atr”. As shown in the examples above Note: standard deviation calculation can be adjusted based on price action or its moving average. Other differentiation between BB and KC is with V-BANDS mostly we look for trade opportunities when price action move out of the bands and in most cases we assume market is consolidating when the price action is within the bands The other indicator that presents similarities to Volatility Bands is Squeeze Indicator, which measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out. Mainly Volatility Bands is different version of Squeeze indicator, in fact the purpose is almost same but visualization is completely different. Additionally Volatility Bands Offers trading opportunities whereas Squeeze indicator only presents market states unless a momentum indicator is adapted to Squeeze indicator. Disclaimer: Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Pine Script® indicator
by dgtrd
23
Bollinger Bands Strategy with Intraday Intensity IndexFor Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a mean reversion strategy based on Bollinger Bands and the Intraday Intensity Index (a volume indicator). John Bollinger mentions that the Intraday Intensity Index can be used with Bollinger Bands and is one of the top indicators he recommends in his book. It seems he prefers it over the other volume indicators that he compares to for some reason. III looks a lot like Chaikin Money Flow but without the denominator in that calculation. On the default settings of the BBs, the III helps give off better entry signals. John Bollinger however is vague on how to use the BBs and it's hard to say if one should enter when it is below/above the bands or when the price crosses them. I find that with many indicators and strategies it's best to wait for a confirmation of some sort, in this case by waiting for some crossover of a band. Like most mean reversion strategies, the exit is very loose if using BBs alone. Usually the plan to exit is when the price finally reverts back to the mean or in this case the middle band. This can potentially lead to huge drawdowns and/or losses. Mean reversion strategies can have high win/loss ratios but can still end up unprofitable because of the huge losses that can occur. These drawdowns/losses that mean reversion strategies suffer from can potentially eat away at a large chunk of all that was previously made or perhaps up to all of it in the worst cases, can occur weeks or perhaps up to months after being profitable trading such a strategy, and will take a while and several trades to make it all back or keep a profitable track record. It is important to have a stop loss, trailing stop, or some sort of stop plan with these types of strategies. For this one, in addition to exiting the trade when price reverts to the middle band, I included a time-based stop plan that exits with a gain or with a loss to avoid potentially large losses, and to exit after only a few periods after taking the trade if in profit instead of waiting for the price to revert back to the mean.
Pine Script® strategy
by SparkyFlary
2
A smoother Bollinger BandThe Bollinger Band is a popular indicator due to it's ability to accurately predict future ranges based on prior volatility. However the bands can fluctuate wildly as a result of acute changes to the price. This results in a channel that is sensitive though replete with sharp angles. Replacing the simple moving average basis line with a Tillson T3 moving average results in a smoother albeit slower basis line. Deriving the bands from partially smoothed data results in more continuous bands than those of the original equation.
Pine Script® indicator
by Traaaderz
GLANTALL AT A DEEP GLANCE Monitor the whole market at a glance Give your analysis double-dimensional depth With the help of this assistant , you can quickly aware about the various dimensions of the market and improve the quality of your trading experience. Everything is clear in the picture so I will avoid further explanation. All functions are controllable and highly customizable Get instantly and accurate report of Volume Volume changes Volume is higher or lower than average Volume significant increase 2 oscillators of your choice, each one at 4 time frame of your choice, at the same time (Stoch, RSI, StochRSI, MFI, StochMFI) Selected oscillators changes and direction Selected oscillators divergences with full coordinate Bollinger bands Bollinger bands middle line changes Bollinger bands width changes and direction Amount of volatility 4 moving averages as type as your choice at a same time (SMA, EMA, WMA, HMA) Mark up the moving averages as dynamic support or resistance Crosses of the 4 averages as type as your choice at a same time (SMA, EMA, WMA, HMA) (completely separately than above mentined MAs) with full coordinate More than 500 line code.. but Clean and Clear ! Gifts to all of you dear ones.
Pine Script® indicator
by Algorca
6
EMA ICHI BB [Rogulabo]3 indicators in 1. Included Indicators are: - EMA 8,13,21,55,100,200,450 - Ichimoku - Bollinger Band These can be used to determine changes in trends when: - EMA's collide, trajectories shift, or certain levels are reached. - Ichimoku cloud is above or below the candles. - Bollinger Band's width changes, or range is broken. Reasons for 3 in 1 assembly: This indicator is intended to be used by students, and followers of Dan Takahashi (a prominent educator of investing in Japan who is also a user of TradingView) . Those who wants to use and learn with the same setup as Dan, would greatly benefit from this since, the complex setting up process which can be a pain for beginners can be skipped with a simple click. Every stylistic choice of color and placement were made to make it similar to the chart used by Dan. Simple customizations are available such as: - Changing color - Changing the values - Hide/show controls Notes: This is intended to be used alongside “STOCH RSI ” for the complete the setup. Any questions, please refer to: @rogulabo ＝＝ 高橋ダンさんが使用されてるチャートと同様のセットアップの為にご活用ください。 複数のインジケータをグループにしておりますので、無料版を使われてる方は効率よく使っていただけると思います。 また、“STOCH RSI ”どいうタイトルのインジケータも同時に公開しておりますので、セットアップを完成させたい方はこちらもご活用ください。 以下のインジケータを含みます。 ・EMA線 ・一目均等表 ・ボリンジャーバンド カスタマイズされたい方はご自由に値を変更ください。 ご質問は　＠rogulabo　までよろしくお願いいたします。
Pine Script® indicator
by Rogulabo
Configurable BB+RSI+Aroon strategy backtest for binary optionsI wanted to share this strategy that I use myself for binary options trading. After trading binary options for several years I have learned that every single day is unique... assets behave differently every single day. So, when I start the day I want to know which is the optimum combination of parameters in my indicators that will give me the signals I want during the day and I get that by doing a quick backtest of the parameters combination in a specific asset that same day. When trading Binary Options I usually do 3 or 4 trades max per day and, yes, there are moments in which even with the right backtest data the signals fail (I strongly believe that there is no strategy that guarantees 100% success in any type of trade, and this one here is not an exception - but has worked well with some assets). So, here is my contribution to improve your productivity by automating a bit that backtesting part. How this script works? It is a simple price crossunder / crossover Bollinger Bands (BB) with a confirmation from RSI overbought / oversold signals and a fast Aroon. You will see the BB plotted with its confirmations: (1) a blue circle that plots in the chart when the price is coming back inside the channel (within the Bollinger Bands) (2) an orange square that plots in the chart when the RSI is coming back from the overbought or oversold areas (3) a triangle that could be red or green depending on the Aroon confirmation: Red if Aroon Down is crossing down Aroon Up or green if vice versa. The strategy will call for long (Call) if: (1) the price is crossing over the lower band of the Bollinger Bands, coming back inside the channel (2) Aroon Up is crossing or has crossed above Aroon Down (3) RSI is crossing over the oversold limit Consequently, the strategy will call for a short (Put) if: (1) the price is crossing down the upper band of the Bollinger Bands, coming back inside the channel (2) Aroon Down is crossing or has crossed below Aroon Up (3) RSI is crossing under the overbought limit You can configure: 1. Aroon length (keep it as fast as possible: 3, 4 or 5 are recommended values) 2. The point where Aroon Up and Aroon Down cross to make the signal valid (50 is by default. It could also be 25 or 75) 3. The RSI length 4. RSI Overbought and Oversold limits (they do not need to be symmetric: you can use 29 and 93, for example) 5. Bollinger Bands length and standard deviation 6. Number of bars to keep your option open. Depending on the timeframe used, this will determine the time you will keep your binary option open. If you are in a 1 min chart and keep this parameter in 3, then you will need to configure your binary option to expire in 3 minutes. How to evaluate your backtest? In Binary Options you only need the success rate, so what I do is that when I am manually updating the parameters I keep my strategy tester window open checking the winning trades vs losing trades ratio ("Percent Profitable"). I personally will only keep an asset monitored looking for signals that day if the Percent Profitable on the backtest of the same day is above 80%. Regarding the code: it is open, public and free. No need to ask for permission if you want to copy+paste and use it in whole or parts. Happy pip hunting! -marco
Pine Script® strategy
by MarcoJarquin
10
Bollinger band (band display 5σ)Set the color for each bands and indicate the Bollinger bands. In order to indicate with simple moving average line,hide the bollonger bands line and set the color for bands. ボリンジャーバンドの帯域ごとに色を設定して表示します。 単純移動平均線と同時表示しても見やすいように、ボリンジャーバンドの線を非表示にして、帯域に色を設定して表示することができます。
Pine Script® strategy
by SlimeKaBu2
1
Bollinger Bands combined with Telson T8Indicator idea based on classic Bollinger bands and Telson T8 moving average. The indicator detects Bollinger bands narrowing which should predict a move to a direction. NOTE: You need to define in the indicator settings (Narrow percentage) the percentage between the upper and lower bands that would be highlighted. For example: if you set 5%, the indicator will highlight the parts that the upper and lower bands are less than 5% compare the current price (usually close price, but you can define otherwise) Use the Telson T8 to determinate the trend/direction of the move.
Pine Script® indicator
by dman103
3
Price Volume Strength ComparatorBollinger bands says whether price or any source is relatively high or low at any particular point of time. We can apply Bollinger bands on RSI and volume indicator Price Volume Trend to identify if RSI movement or PVT movement is relatively high or low. By calculating Bollinger %B, we can define the variation in a range between 0 to 1. By applying Bollinger %B on price, volume and strength, we are trying to compare how much they differ relative to each other. For example, if Bollinger %B of volume is higher than Bollinger %B of price, which may mean, we can still expect continuation of upward movement. If volume %B is lesser, we can interpret this as price has moved more than the volume and may retrace back. Note: I tried adding multiple volume/strength indicators as input choice. But, if condition did not work with simple string. Have no idea why. I will try adding that later if more people show interest.
Pine Script® indicator
by Trendoscope
2
GM All-purposeThis script plots multiple EMA's also it shows you when a particular EMA crosses up or below another EMA. You can customize the EMA's based on your setups or preferences. This script basically will help you easily identify when a particular EMA has crossed over or crossed under another EMA at one glance. Particularly useful when there is a lot of entanglement of the EMA's There is also dual Bollinger Bands & Donchian Channels that are available to check the volatility of that particular scrip, which will help you stay in the trade or exit based on your criteria.
Pine Script® indicator
by farokh_dubash
BBVV Low IndicatorThis is an indicator that flags the lowest Bollinger Bands Width value for a set number of bars back. This is based on my BBVV script seen here Each dot on the BBVV indicator marks the rolling "X"-period low in BBVV value. You can set "X" as any number of bars back in the settings of this indicator. This can be used to accurately predict when periods of high-volatility could come into play due to continually contracting Bollinger Bands on a time-frame that you can set manually. Created from a request from a user.
Pine Script® indicator
by jamiedubauskas
1
CDub's BolBands SetupUses a set of Bollinger Bands (user defined deviation, user defined deviation * 2) to determine possible entry set ups. Signals are triggered when price crosses the first band (closest to the baseline MA) in the desired direction. baseline can be your take profit 1 target The inside band determines entry and can be used as a take profit 2 target (Opposite side of baseline) The outside band is a suggested stop loss target (Same side of baseline) and can be used as a take profit 3 target (Opposite side of baseline) Suggestions are welcome! -CDub
Pine Script® indicator
by Obi-wanClintobe
2