Bollinger Bear SniperThis script uses Bollinger Band but with different interpretation. The upper Bollinger Band is the resistant level, the lower Bollinger Band is the base or support level. The Commodity Channel Index (CCI) and the Bollinger Bandwidth helps us avoid high risk.
The script identifies candles that are marking bold upward moves in prices and fires buy signal. Sales signals are fired when the candle closes in positive. The idea is to buy and sell on the same candle or next positively closed candle. This is anti-bear-anti-bags strategy. You either make profit or loss holding no bag. When you gain more than lose you are in business. This script is set to gain more than lose. We however offer no guarantee, expressed or implied. We are NOT responsible.
Bollinger Bands Width (BBW)
Bollinger Bands SqueezeEnglish:
Simple histogram, showing Squeeze of Bollinger Bands.
Usage is simple - when price is in Squeeze, no entries in any direction. For using with Bollinger Bands indicator, including binary options.
Russian
Простой индикатор, наглядной отображающий стадию Сжатия лент Боллинджера.
Простой в использовании - когда цена в Сжатии - не входим в сделку. Особенно эффективен при связке с индикатором лент Боллинджера и входе в сделку при раскрытии лент. Также применим для бинарных опционов
Example/Пример
Chauvenet RadiusThe Chauvenet criterion is a well-known criterion of selection and rejection of the data used by the Physics. It establishes that in an experiment is well to discard the data whose distance from the average is greater than a certain number of the delta.
In the stock market if prices move away from the average with a volatility too high are suspect. This principle is embodied in the Chauvenet floor with the definition of two asymptotes and two data areas rejection.
The Chauvenet Radius is the quadratic sum of the delta (distance from average) and sigmoid (volatility) and is therefore an obvious market stability index. In fact the moments when price strongly moves away from the average with high volatility coincide with the moments of high instability of the market.
It can be considered an evolution of John Bollinger method introduced during the '80.
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