Bricklayer's Volatility Meter will calculate Bollinger Bands Width up to 20 different lengths between lowest and highest input. • If it is increasing, the brick will be green. • If it is decreasing, the brick will be red. The idea is that if volatility is decreasing across an increasing number of periods, the market will be ready for different strategies than...
Some pairs have their own distinct behavior. That includes volatility, news reactiveness, trend x chop day discrepancy, and other qualities. At first, I tried to measure this with the Choppiness Index, but it looks pretty much alike when you compare symbols like EURNZD and GBPCAD, but my testing shows some major behavioral differences between the two. Hence, I...
I added Bolinger bands to the RSI indicator. This shows you the area of reversal for the RSI. Generally, when the indicator falls out of the bands, you'll see a quick reversal. Indeed this is a better way to find the overbought and oversold areas.
This is based on a video I watched while searching for good indicators to use for scanning pumps across the crypto market. You can probably find the video by searching for "Pump Finder On 15 Minute Chart With Best Trading Indicators". The approach presented uses LSMA and BB B% to detect pumps. Results: It does detect many pumps, it also detects many...
I discovered a video on YouTube which was published on Jan 22, 2021. I just coded on TradingView. It's performing better in smaller TimeFrames (1m, 5m, ...). How does it work? How to use? This is based on Bollinger Bands and Exponential Moving Average. The logic is so simple: It will wait until the a candle starts to poke out of the BB. When it figures out a...
Just variation of Multi Band oscillator present here: Multi-Band-Channel-Oversold-Overbought-Oscillator Changes are: Instead of regular moving average, here I am using Zigzag Moving average. This is calculated in similar to as explained in: Zigzag-Cloud Instead of ATR, using AZR (Average Zigzag Range) - Average-Zigzag-Range-AZR Rest of the logic...
The Ultimate Moving Average Bands were created by me and @RedKTrader and this converts our Ultimate Moving Average into volatility bands that use the same adaptive logic to create the bands. I have enabled everything to be fully adjustable so please let me know if you find a more useful setting than what I have here by default. I'm sure everyone is familiar with...
Legend: - When line touches or crosses red band it is Top signal (Williams Vix Fix) - When line touches or crosses blue band it is Bottom signal (Williams Vix Fix) - Red dot at the top of indicator is a Top signal (Relative Volatility Index) - Blue dot at the top of indicator is a Bottom signal (Relative Volatility Index) - Gray dot at the bottom of indicator is a...
This simple script based on Bollinger Bands to collect Touch Point at bandsand display them on the map. Detail of rule as below: 1.Define Touch Point 1.1.Touch Point at Lower Band + Key bar: - Open Price lower than BB lower band, Close Price higher than BB lower band + Touch Point: - Median Price (HL2) of Key bar 1.2.Touch Point at Upper Band + Key bar: -...
This is Bollinger Band built on top of Zigzags instead of regular price + something more. Indicator presents 7 lines and cloud around it. This can be used to visualize how low or high price is with respect to its past movement. Middle line is moving average of last N zigzag pivots Lines adjacent to moving average are also moving averages. But, they are...
Hello everyone, With help of open source WD gann codes, i combined this study with Bollinger band with entry & exit conditions. For stock Selection you way chose fixed stock list . These levels has been derived from daily WD GANN Astro Levels. === Rules === Long Entry Condition : Price must be above resistance line with Bollinger band blast will be the best entry...
Hello traders, I would like to introduce you Bollinger bands volume support&resistance multi timeframe script. The benchmark is the Upper Bollinger Band applied on volume with a look-back setting of 233 and a displacement of 3 standard deviations. (There’s nothing magical about the setting of 233, but you should use a long-term parameter so that you get a stable...
Bollinger Bands have been used for many years to determine the volatility and potential reversal area of markets. This script takes standard Bollinger Bands (BB) and transforms it into a heatmap of reversal areas. A basic explanation on how this indicator works is: - Yellow is where the price likes to stay, - Orange is where the price might begin to...
Found this strategy in babypips forums.babypips.com This strategy using BB and MA BBMA Oma Ally Trading Technique I’m just sharing this Forex Technique that helping me making positive result. In BBMA, BB (Bollinger Bands) act as Dynamic Support and Resistance. SETTING OF BBMA - BOLLINGER BANDS Period : 20 Deviations : 2 Shift : 0 Apply to : Close Style : Dodge...
This is a mod of a script by informanerd that has helped me immensely with my trading setup. HUGE HUGE HUGE credit to him! Check him out! He gave me permission to publish this and so here I am, sharing it with you. I hope you all like it! This version is functionally essentially the same - the difference is in visualization choices and automation. Instead of...
Indicator version of the strategy: * Alerts added. TIPS AND WARNINGS 1-) The standard settings of this combo script is designed and tested with daily timeframe. For lower timeframes, you should change the indicator settings and find the best value for yourself. 2-) Only the mean vwap line is displayed on the graph. For a detailed view, you can delete the...
//This is not financial advice, I am not a financial advisor. //What are volatility tokens? //Volatility tokens are ERC-20 tokens that aim to track the implied volatility of crypto markets. //Volatility tokens get their exposure to an asset’s implied volatility using FTX MOVE contracts. //There are currently two volatility tokens: BVOL and IBVOL. //BVOL targets...
The Moving Average Band Width was created by Vitali Apirine (Stocks and Commodities Aug 2021 pg 25) and this is of course an extension based on my previous Moving Average Bands script. For those of you that aren't aware, the Band Width indicator is an indicator that tells you how close the upper and lower bands are to each other which is a great determination of...