This case study is based on a previous Bollinger Bands study, but with 3 different counts to compare different trends. The use of this indicator is restricted to private use and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by...
This case study is based on a previous Bollinger Bands study, but with two different counts to compare different trends. The use of this indicator is restricted to private use and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by...
Hello, dear friends. This script can be used for various strategies. Whether it's a scalp like now or more positional purchases. To determine the minimum and maximum, SAR ,resistance points, support points+HMA+ Bollinger channel are used. The entry occurs when the SAR intersects with the HMA , if it is above or below the support/ resistance levels. In the settings...
This script is for a Bollinger Band type indicator with built-in TradingView strategy including as many features as I can possibly fit into a Bollinger Band type indicator including a wide variety of options to create the most flexible Bollinger Bands strategy possible. Features: - A single custom moving average serving as the middle band. - Standard MA...
Advanced Bollinger Bands Strategy Why is it an advanced Bollinger Bands Strategy? The purpose of Bollinger Bands is to provide a relative definition of high and low prices of a market. By definition, prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to...
Bollinger Bands Pro: Hawk Eye / is a professional version of the Bollinger Band Indicator that uses two bands instead of one. This is the second band I call the upper and lower middle band. Sometimes you see that the candles are rejected from parts of the band and you do not know the real reason. The real reason is the middle band, which is a secret line that we...
Long Trade Setups: To go long (to buy), you have to wait for one of the candlesticks to close above the BB upper band. (background color is green) Short Trade Setups: To go short (to sell), you have to wait for one of the candlesticks to close below the BB lower band. (background color is red) How To Maximize Your Profit? As I explained above, this trading...
A tool I made to use alongside the Bollinger Band Momentum Average - fairly simple to use. It has the same settings as the BBMA so you can match them together. If you prefer a wider stop than a close on the opposing side of the BBMA, this is for you. The "stop" is triggered by a close on the other side of the stop line line turns red whenever the stop is...
So this is something I've been using with my Squeeze system that I have found very useful (great addition especially if you use the Squeeze Arrows). First thing I'd like to point out is that the default setting (20 SMA) is also the default for the Bollinger Bands basis line, so I recommend using the line set at the default. First thing you'll notice is that...
1. Trend if ema200 > ema30 Long entry only else Short entry only 2. Custom Band Upper band = sma(period) + max(close, period) * multiplier Lower band = sma(period) - max(close, period) * multiplier Multiplier can be either 1.3 or 1.1 depending on the trend. (If trend is long, upper band's factor would be 1.3, lower band be 1.1) 2. Long entry condition -...