"Johnny's Adjusted BB Buy/Sell Signal" leverages Bollinger Bands and moving averages to provide dynamic buy and sell signals based on market conditions. This indicator is particularly useful for traders looking to identify strategic entry and exit points based on volatility and trend analysis. How It Works Bollinger Bands Setup: The indicator calculates...
Bollinger Bands (BB) are a widely used technical analysis created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to instrument prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (The type of trend line and period can be changed by the trader;...
기존 볼린저 밴드는 종가를 기준으로 이동평균선을 설정하여 그 이동평균선에 대한 표준편차를 적용하여 밴드를 형성을 하였다 또한, 기존 볼린저 밴드는 밴드를 이탈할 경우 비이성적인 확률의 움직임이라고 생각하여 진입하게된다 하지만 실제 우리가 보는 봉 캔들같은 경우 고가, 저가, 시가, 종가가 있다. 진짜 비이성적인 움직임은 보통 저가나 고가의 꼬리에서 발생하는 경우를 볼린저 밴드를 사용하는 유저라면 많이 보았을 것이다. 그렇기 때문에 기존 볼린저 밴드의 설정처럼 종가를 기준으로한 이동평균선이 아닌 하단의 경우 저가를 기준으로 한 볼린저 밴드를 상단의 경우 고가를 기준으로 한 볼린저 밴드를 사용할 경우 더 효과적일 것이라고 생각하여 제작된 강화된...
거래량에 볼린저 밴드 상단을 적용하는 것을 기본으로 한다. 볼린저 밴드에 대해서 설명하자면 먼저, 길이를 설정하면 그 길이에 대한 값의 이동평균선이 설정된다. 이동평균선의 초기값은 500으로 설정해놓았다. 그 다음 500개의 값에 대해 표준편차를 적용하여 밴드를 만들고 그 밴드를 이탈할 경우 표준정규분포표를 벗어난 희귀한 확률의 값이 나왔다고 도출할 수 있다. 그 이동평균선에 대한 표준편차를 보통 기본값 2로 설정되어있는데, 표준정규분포표에서 2.00의 경우 0.4772를 나타낸다. 상단 볼린저 밴드 내에 있을 확률 97.725%를 나타낸다. 즉, 이 볼린저 밴드 상단을 넘어선 거래량은 거래량 100개봉중 상위 2.275%에 해당하는 아주...
The strategy is based on the intersection of two moving averages, which requires adjusting the parameters (ratio and multiplier) for the moving average. Basis MA length: multiplier * ratio Signal MA length: multiplier The SuperTrend indicator is used for additional confirmation of entry into a position. Bollinger Bands and position reversal are used for...
Indicator Description: The "Bollinger RSI Bands" is an advanced technical analysis tool designed to empower traders with comprehensive insights into market trends, reversals, and overbought/oversold conditions. This multifaceted indicator combines the unique features of candle coloration and Bollinger Bands with the Relative Strength Index (RSI), making it an...
Library "VolatilityIndicators" This is a library of Volatility Indicators . It aims to facilitate the grouping of this category of indicators, and also offer the customized supply of the parameters and sources, not being restricted to just the closing price. @Thanks and credits: 1. Dynamic Zones: Leo Zamansky, Ph.D., and David Stendahl 2. Deviation: Karl...
Variation of the Moving Average Lab that includes Bollinger Bands functionality for any manually created Moving Average. It includes: - Standard Deviations for any MA - Fixed Symmetrical Deviations for any MA that remain at a constant % away from the MA - The same Moving Average creation settings from the Moving Average Lab "The Moving Average Lab...
█ Moving Averages + Bollinger Bands and Rolling Volume Weighted Average Price with Standard Deviation Bands (Multi Timeframe) Multiple moving averages can be independently applied. The length , type and timeframe of each moving average are configurable . The lines and colors are customizable too. This script can display: Moving Averages ...
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...
Credit to © Jesus_Salvatierra for VWAP script This script help you find a trend in momentum stock that is about to breakout and shows resistance point. This script utilizes Bollinger bands VWAP and is good for intra day charts. VWAP, or Volume Weighted Average Price, is a technical analysis tool used to measure the average price a security trades at during...
This is a combination of two previous indicators; ALMA stdev band with fibs and Vector MACD. Bollinger Band Mod fits the standard deviation on both sides of the center moving average ( ALMA +/- stdev / 2 ) and calculates Fibonacci ratios from stdev on both sides. It is more averaging and more responsive at the same time compared to Bollinger Band. Forecast is...
This script creates a Bollinger Band Package with Bollinger Band Percent and Width displayed on chart. The indicator also prints signals when price closes above or below the Bollinger Bands using shapes (circles by default). Bollinger Bands were created by John Bollinger, and consist of three lines plotted on a chart: the basis line (typically a moving average, 20...
This script has been distributed for learning purposes. A particular kind of price envelope is "Bollinger Bands" indicator. Upper and lower price range levels are determined by price envelopes. By default, Bollinger Bands are plotted in Tradingview as envelopes at a standard deviation level above and below the price's simple moving average (SMA). I attempted to...
This indicator creates moving averages based on Fibonacci numbers (3-233, divided by 10 to average) sourced by high, low, and ohlc4 and plots lines based on these three. The Fib MA High line is either green or red (Fib High < Close), the Fib MA Low line is either lime or orange (Fib Low < Close), and the Fib MA OHLC4 line is constantly white. A cluster or series...
Bollinger Band is simply a representation of the rolling average of price and its standard deviation around the average (called the "basis"). This indicator generalizes the Bollinger Band by implementing many different equations to calculate the Bollinger Bands beyond the standard deviation and sma. Whereas other Bollinger Bands indicators often just change the...
These bands consist of 4 ARLs (See: Adaptive Rebound Line ('ARL'/AR Line)) that help accurately spot price rebounds. It is excellent for 15 minute scalping and price-action trading. See notes in the picture above for more details. Note: "Top Deviation" is the deviation of the top 'ARL', "High Deviation" is for the high 'ARL', etc.
This is the indicator I named 4LBS. That means four layers of bollinger shadow. This is an indicator that I made to see how far past prices could affect the future prices. And I found some very interesting and beautiful things about it, and I wanted to share them with you, so I publish this...