Bollinger Band Layer Entry (BBLE) The Bollinger Band Layer Entry Indicator uses plenty of Bollinger Bands to create an onion-looking layered indicator to help with layered entries. It is similar to a Ribbon but better. This indicator is best used with any volume-related indicator so you can recede from entering into any position with too much momentum to rebound off of any line. Note that this indicator is best used with another strategy like pair trading. It is not recommended to trade based on this indicator only. Please stay aware of any news about the stock you are trading because some events may have a big impact and force the market to go bullish/bearish by a lot. This indicator can be used with all chart types and works well with many other indicators. It allows for complete customization and offers easy-to-understand settings which can be designated to a certain individual. You can modify every single factor of the BBs which allows for an even more personalized and adapted Indicator that reflects your trading/ investing needs. You also have the option to choose which type of MAs will be used to create the Bollinger Bands , a few of which include: EMA, SMA, WMA, HMA, RMA, DMA, LSMA, VAMA, TMA, MF.
Bollinger Bands are a way to measure and visualize volatility. As volatility increases, the wider the bands become, and the more they deviate from the basis. Vice versa, when volatility decreases, the gap between the bands and basis decreases. Yet a big advantage for not only this but many other indicators is created due to the ample count of different settings that are widely used, it is difficult to view the market through the eyes of all types of investors/traders. This indicator manages to counter exactly this issue, you will be able to see all of these settings on one chart and at one time and enter/exit positions accordingly.
Using this indicator will allow you to visualize entries with ease and make order layering (buying/selling in layers) much more simple. You can choose a certain amount of Bollinger Bands you would like displayed and customize all technical and style-related settings related to each of the BBs separately.
A few of the technical settings you can change for each Bollinger Band are:
Bollinger Band count (Select how many BBs you want to be displayed.)
MA type used to make the Bollinger Bands (EMA, SMA, WMA, etc.)
Source (close, open, high, low.)
BB length (The length of each Bollinger Band, its lookback. How many previous candles should it be based on? Choose each Bollinger Band's lookback length.)
BB deviator (The standard Deviator applied for the BB for both the upper and lower line.)
Offset
A few of the style settings you can change for each Bollinger Band are:
Upper, Lower, Basis line opacity % (separate for each)
Upper, Lower, Basis line color (separate for each)
Fill (the color used to fill from the upper to the lower band) (separate for each)
Fill opacity % (the opacity used when filling the upper line to the lower line) (separate for each)
This indicator is unique because it can be used for all strategies and all trading styles, for example, day trading or long-term investing, really anything if used correctly. The reason it can be used in so many instances is a result of the detailed and in-depth settings tab that allows complete customization of each separate Bollinger Band. This allows the indicator to be used and to be useful in various situations and allows you to dominate the market. Integrated alerts also enhance your efficiency while using this indicator because you can choose to be notified at the crossing of any of the Bollinger Bands.
The technical part of this indicator plots the selected amount of Bollinger Bands using custom-built specified Bollinger Bands accordingly. Then it uses the style settings and styles it as you selected.
Komut dosyalarını "bollingerband" için ara
IDEAL BB with MA (With Alerts)It gives well combination of Moving average and Bollinger bands with signals
BBW EMA RIBBON+BB%B+EMA BUY/SELL SignalsBINANCE:BTCUSDT
* * * TESTED ON BTCUSDT 4H CHART * * *
The indicator gives signals based on possible ENTRY/EXIT zones (calculated using an ema ribbon of the BBW) and BB%B oversold/overbought conditions, also a 200 EMA filter is used to trade following the major trend.
ENTRY/EXIT zones can be used as a confirmation on other strategies (green zones suggest a possible entry for a long in an uptrend and for a short in a downtrend, red zones suggest a possible exit for long & short)
Only LONG signals are given.
Signals are divided in 3 categories based on their strenght:
- Weak BUY/SELL (green/red circles on chart)
- normal BUY/SELL (green/red triangles with "BUY" or "SELL" text on chart)
- strong BUY/SELL (green/red labels with "STRONG BUY" or "STRONG SELL" text on chart)
You can use signals from the same category as triggers for entering or exiting a trade or you can try using signals from different categories
All indicators settings can be costumized
Possible EXTRY/EXIT zones can be turned ON/OFF
Every signal label can be turned ON/OFF
EMA that changes color based on last candle close can be turned ON/OFF
Alerts can be set for:
- General Signals (every signal will trigger it)
- Weak Signals (only weak signals will trigger it)
- Normal Signals (only normal signals will trigger it)
- Strong Signals (only strong signals will trigger it)
There are 3 BB%B Oversold & 3 BB%B Overbought value presets:
- BASIC (default values)
- LOW (slightly lower values from default)
- HIGH (slightly higher values from default)
Tips:
Use BB%B OS LOW preset to find entries at a better price
Use BB%B OS HIGH preset to find entries faster
Use BB%B OB LOW preset to find exits faster
Use BB%B OB HIGH preset to find exits at a better price
There are 3 Filters already included:
- A checkbox to toggle ON/OFF the use of Heikin Ashi candels to detect trades
- A checkbox to toggle ON/OFF the use of an ema filter for the ribbon that tries to reduce the number of false signals on over-extended price movements
- A checkbox to toggle ON/OFF the use of an ema filter that tries to reduce the number of false signals when price crosses the moving average many times consecutively
Bollinger bands and Keltner bands
█ OVERVIEW
This is a Bollinger band Script, with Keltner Channel Bands and for scalping.
█ CONCEPTS
1 — Bollinger Bands, The Bollinger band component is make out from two part, the standard component represented by a white cloud.
This is the 2nd deviation and 3rd deviation filled.
The second part linear weight
This is the 2nd deviation, and is filled from the 3rd deviation from the standard bands. This give the effect of cutting in and out to proved a support and resistance cloud.
2 — Keltner bands, this is the normal calculation, nothing special, by default this is off and can be turned back on in styles.
3 Deviations with ALMA as the Basis
3 — Non-traditional basis
Like with you can change the base moving average
but to a lesser extent.
option are:
sma = Simple Moving Average
ema = Exponential Moving Average
wma = Weighted Moving Average
vwma = Volume Weighted Moving Average
rma = Running Moving Average
alma = Arnaud Legoux Moving Average
hma = Hull Moving Average
█ OTHER SECTIONS
• LIMITATIONS: again this is base on moving average so there is a lag factor, the cloud do not work without volume so if the indicator can not pull volume data you are left with the standard bands.
• NOTE this is a trimmed version of still functions the same.
• THANKS: rumpypumpydumpy for the inspiration
Bollinger Bands Performance - TradingEDThis case study is based on a previous Bollinger Bands study, but with only one counts and a performance chart. 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 any type of trading operator of any experience level , from beginner to intermediate and advanced .
Key components of the original indicator:
• The Bollinger Bands are a technical analysis tool developed by John Bollinger to generate signals of overbuying and overselling.
• There are three lines that compose Bollinger Bands: one Simple Moving Average (middle band) and an upper and lower band.
• The Upper and Lower Bands are typically used with 2 Standard Deviations +/- of a 20-day Simple Moving Average (or 20 candles) but can be modified.
The use of Bollinger Bands is based on the concept of mean price reversal, assuming that if the price deviates from the Moving Average it will eventually return to the mean price. As recognized by its creator: John Bollinger , "the touches of the bands are just that, touches, not signals".
So, a touch from the top is not in itself a sell signal and vice versa, a touch below should not be a buy signal either. A trader must look at the general direction of the price and then only take signals that align with the trend. For example, if the trend is down, you should only consider short positions when the lower band is indicated, and in case of an uptrend, take only long positions.
Another important point in the use of this indicator is that the bands will expand and contract as the Price Action becomes volatile (expansion) or is limited in its trading pattern (contraction). After a strong rise or fall in the trend, the market may consolidate, trading closely and crossing over and below the Moving Average until defining a new course, or continuing with the previous direction.
Main functions of this modified indicator:
1) You can select the type of MOVING AVERAGE , among many available options ( SMA , EMA , DEMA , HMA , etc.)
2) The SOURCE for the count can be determined by the trader (close, open, etc).
3) The MEASURE can be based on a CANDLES count if you are trading OHLC Charts from 1D onwards, or if your trading is intraday, you can also select counts by MINUTES , HOURS or DAYS , depending on your trading style.
4) LENGTH, by default it will be loaded as 20 but considering the previous point, you can modify it according to your convenience.
5) STANDARD DEVIATION , by default it will come loaded with 2 deviations, but you can modify it according to your convenience to operate.
6) You have the option to hide or show a LABEL at the top of the chart, with respect to the signals: bullish green, bearish red.
7) You have the option to hide or show SIGNALS based on the MOVING AVERAGE that you have previously chosen.
8) You have the option to hide or show SIGNALS based on the STANDARD DEVIATION that you have previously chosen.
Main functions to customize the style of this indicator:
a) You can select the colors for the UPPER BAND , MOVING AVERAGE and LOWER BAND depending on the trend, whether it is BEARISH or BULLISH, with the colors that best suit you. *
b) When you have a SHORT SIGNAL or a LONG SIGNAL, you can change the EMOTICON that comes by default. **
c) For any type of SIGNAL , it is painted as a VERTICAL LINE in the graph, you can change the color that comes by default. *
d) In the case of the LABELS that appear at the top, the text is not modifiable, but you can customize both the type of label and change the default color. *
e) You can select the colors for the BACKGROUND of the indicator according to the trend, whether it is BEARISH or BULLISH , with the colors that best suit you. *
* By default, they are marked as red for downtrends and green for uptrends.
** By default, they are marked with an emoticon indicating the possible direction of the price, down if it is bearish or up if it is bullish .
Asian Session Bollinger BandsThis is a fairly simple adjustment of the Bollinger Bands highlighting and giving the character to the Asian session.
Bollinger Bands with Customizable Expansion DetectorJapanese below / 日本語説明は下記
Bollinger bands with customizable expansion signals
What’s new in this indicator?
This indicator allows users to customize Bollinger bands expansion signal with the conditions below.
1. Target bands
Which bands should be considered as expansion when price crossing?
Available options are plus/minus 1-3 σ.
2. Price
Which price should be considered as bands breakout
Available options are high, low and close
3. Band width increment(volatility)
When band width is N times wider than previous bar. N = ?
This parameter is regarded as volatility expansion, measuring how much band width gets wider than previous bar.
Band width is distance between each band and middle line(SMA).
Expansion signals are displayed when 1, 2 and 3 are all met.
For example, if you select parameters as follows, expansion signals are appeared when;
Bullish expansion:
When prices(highs) cross over plus 2 σ band with band width of the current candle is 1.15 times wider than previous bar.
Bearish expansion:
When prices(lows) cross under minus 2 σ band with band width of the current candle is 1.15 times wider than previous bar.
Selected parameters(Example)
1. 2σ
2. High/low
3. 1.15
Alert can be set when conditions above are met.
You can customize them to be best fit for you!
————————————————————
エクスパンションの発生条件をユーザが独自にカスタマイズし、シグナル表示できるボリンジャーバンドです。
以下の3つの要素を組み合わせることでユーザ独自のエクスパンションシグナルをカスタマイズすることができます。
1. 対象バンド
どのバンドをブレイクした時にエクスパンションの条件の一つとするかを選択
選択可能オプションはプラスマイナス1-3シグマ
2. 価格
どの価格でバンドをブレイクした時にエクスパンションとみなすかを選択
上方ブレイクは高値·終値から、下方ブレイクは安値·終値から選択可能
3. バンドの広がり(ボラティリティ)
現在ローソク足のバンド幅が一つ前のローソク足のバンド幅のN倍の時、エクスパンションとみなすための数値
Nは0.1-10の間で設定可能
バンド幅は各バンドとミドルライン(SMA)の距離です。
エクスパンションのシグナルは上記1-3全てを満たした時に表示されます。
例: 以下のようにパラメーター設定した場合、エクスパンションシグナルは下記の時に表示されます。
選択パラメーター（例）
1. 2σ
2. High/low
3. 1.15
上方エクスパンション:
高値がプラス2シグマバンドを上に抜き、かつ現在ローソク足のバンド幅が一つ前のローソク足のバンド幅の1.15倍を超える場合
下方エクスパンション:
安値がマイナス2シグマバンドを下に抜き、かつ現在ローソク足のバンド幅が一つ前のローソク足のバンド幅の1.15倍を超える場合
上記条件が揃った場合のアラート設定も可能です。
Profit Accumulator Bollinger Band TrendHi everyone,
I've been playing with the idea of trying to trend bollinger band movement of various currencies. What I've got here is the result of that. In its very basic form its a tool to identify the start and end of both long and short term trends.
The thick line (red/green) indicates whether this is a bullish (green) or bearish (red) movement and generally governs the longer term trend. The thinner, black line indicates the movements within the market. Anything above the zero line indicates positive movement where trades could be placed (along with the main trend line). When this line moves below the zero line, it appears to highlight uncertainty and the potential trend coming to an end.
If anyone would like alerts adding to this indicator then please let me know.
Thanks
Mike
Pump blaster based on Pump FinderThis 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 dumps...
I'm not very impressed after this first attempt but might give it another try if I come up with maybe something I'm doing wrong while trying to automate in a script the original strategy from the video.
Instructions:
This indicator is compatible with the backtest script we use.
It plots 1 for buy and 2 for sell. The rest of the plots are for debugging the strategy and can be ignored.
It's meant to be used on 15mins tf
Bollinger Bands + RSI Strategy by CMNisalCan be Used on Any timeframe.
Based on Bollinger Bands and RSI ( Relative Strength Index )
Used for Testing below Trade Setups on 3Commas.
Bollinger Bands
BB-20-2-LB
BB-20-1-LB
Relative Strength Index
RSI-7 <70
RSI-7 <30
Added Short Entry Switch
Added RSI Skipping Option
Price Should cross the Band and Close the candle Above/Below the band
Bollinger bands + EMAI 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 price outside the band, it will be altered for next candle. If the next candle close back inside the band, it will be marked with a up triangle (for long positions) or down triangle (for short positions). The take profit level would be the Exponential Moving Average.
It can be used as a confirmation alongside other techno fundamental tools and analysis.
P.S. As it's prohibited by community rules to link to outside, while it seems to be a kind of advertisement, I cannot share the link to the video. Cheers to those creative and kind YouTubers!
Multiband Oscillator - Zigzag versionJust 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 remains same.
Number of bands used 100 - which means, calculate 100 Bollinger bands with Std Dev Multiplier starting from 0.1 and with step 0.1 for the next one.
Which divides price ranges into 200 equal parts. Calculate what is the current range and plot them.
Overbought - Oversold levels are dynamics. They are dependent on the max and min state price has reached in last 80 days. Offset and factor can be used to adjust overbought oversold levels.
Zigzag CloudThis 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 made of only pivot highs and pivot lows. Means, line above moving average is pivot high moving average and line below moving average is pivot low moving average.
Lines after pivot high/low moving averages are upper and lower bolllinger bands based on Moving Average Line with 2 standard deviation difference.
Outermost lines are bollinger band top of Moving average pivot high and bollinger band bottom of moving average pivot low.
BB-Pivots-GANN-Levels-stockInshotHello 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 . You may take the target with the help of this study.
Stop loss can be same candle low
Short Entry Condition : Price must be below support line with Bollinger band blast will be the best entry . You may take the target with the help of this study.
Stop loss can be same candle High
Please calculate the Risk Reward with the Future Target Price & Stop loss levels.
No Trading Zone Rules -
If price is in middle of support & Resistance .one way avoid such trades as it has been observed ,That most of the time stock goes sideways.
===Rules End ===
study has been kept open source for the understanding the concept.
Do your own Research with this study for better understanding with your trading style
Bollinger bands volume support&resistance multi timeframe [LM]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 Band. Short-term parameters tend to produce erratic bands.)
If a price bar shows volume that exceeds this benchmark, we will zoom in and use it as potential support or resistance area in our price analysis. if there is only one candle that will crossover and cross under than only high and lo of that candle is counting. If there are more consecutive bars that are above upper bollinger band than the range high and lo is calculated from high and lows of that candle
As you can see on the image high and low is only rendered when volume crossover and cross under bollinger bands
I hope you will enjoy it
Heatmapped Bollinger BandsBollinger 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 reverse in a weak trend, and
- Red is where the price will either pause to let the yellow range catch up, or where the price will jump back down into the yellow range to stabilize.
For educational purposes: this script is essentially just taking the standard method of creating Bollinger Bands (seen in the 'Main Lines' portion of the script), coloring the plots 'na' so that they aren't seen, and using the 'fill' function to plot the yellow to red rainbow up to the top. I believe I made the yellow range 0.2*stdev to 1*stdev, the orange range 1*stdev to 2*stdev, and the red range 2*stdev to 3*stdev. You can get the hex code rainbow from any website that has a color slider.
** Disclaimer: THIS IS NOT TRADING ADVICE. Bollinger Bands should be used in conjunction with other indicators to make better decisions but NO STRATEGY IS PERFECT. Always backtest any strategy before using it live. **
Bollinger Bands + Moving Average (BBMA Oma Ally)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 Blue
MA (Moving Average) are used to detect potential entry point.
SETTING OF BBMA - MOVING AVERAGE
Ma5 Hi
Period : 5
Ma Method : Linear Weighted
Apply to : High
Style : Red
Ma10 Hi
Period : 10
Ma Method : Linear Weighted
Apply to : High
Style : Yellow
Ma5 Low
Period : 5
Ma Method : Linear Weighted
Apply to : Low
Style : Magenta
Ma10 Low
Period : 10
Ma Method : Linear Weighted
Apply to : Low
Style : White
Ma50
Period : 50
Ma Method : Exponential
Apply to : Close
Style : Lime
.
EXTREM (SIGNAL)
Extrem is an early signal to say the Market journey is beginning to end - but not yet confirmed
Will only confirm when there is a reversal candle.
Extrem is not valid when there is a CS momentum, although Ma outside BB.
CHARACTERISTICS OF EXTREM
Ma out of Top / Low BB (will not valid if there is cs momentum, although Ma is outside BB)
Reverse candle must exist, as it indicates the journey of a Market is ending (not necessarily 1 or 2 cs)
Retest candle (entry point)
Entry at Highest or Lowest volume
Entry retest candle at Ma5 or body candle
MHV (LOSS VOLUME MARKET) (SETUP)
It is a setup for the beginning of long distance Market journey
This setup gives a validation for the Extrem signal earlier
It is to show the loss of strength for the market.
MHV is valid once CSA (direction candle) appear
***If the candle close NOT above or below Top / Low BB after the first Reentry, after MHV there is a directional candlestick, then there will be a reentry and after the reentry there is no momentum “COMPULSORY TP”
CHARACTERISTICS OF MHV :
Candle CANNOT close above or below Top / Low BB
Must have reverse candle, because reverse candle is confirming the end of the journey (Marking at candle body)
Retest candle (entry point) at Ma5 or highest volume / lowest at that current time
Must happen after Extrem
TYPES OF MHV
5 types but i can only post 1 photo. So sorry i cant give more on this.
RE-ENTRY
CHARACTERISTICS OF REENTRY
Candle close can not pass Ma5 / Ma10
It will be strong when the candle close does not pass Ma5 / Ma10 and also Mid BB
Candle close did not come in. He found Ma5 / Ma10 and mid BB at that Time would make the re-entry stronger
If there is a re-entry in Ma5 / Ma10 and mid BB, the minimum of 3 drops of candles or increments (follow TF) re-entry will be strong
Following market trend, then just search for re-entry and entry
Wait for the second candle, because the first candle validates the reentry and the second candle is for entry
Best Bollinger BandsRemoving the Simple Moving Average and replacing it with the Hull Moving Average (HMA) in the Bollinger Bands (BB), you can not only predict support, resistance, and price movement, but you can also leverage the value of the BB in evaluating when price is over extended in an up and/or down trend.
[jav] Mountain Oscillator
Introducing the Mountain Oscillator. Why not trading while admiring the scenery?
The main oscillator line is the black silhouette of the mountains, and each element of the landscape can be seen as a support or resistance - even the mountains far in the horizon, the misty band in the middle and the -1, 0 and 1 lines. (Well, almost every element... the sun is just for fun).
Equalling the heights of the mountains that are far away, or reaching the snow zone, are possible signs of an uptrend ending. On the other hand, stepping into a river is a clear sign of a reversal to the upside soon.
Strong uptrends are evidenced by significant portions of the mountain above the misty zone and/or the 0 line.
By default, the sky turns red/blue/dark gray depending on the trading hours. This option can be unchecked.
Calculations and usage :
The script is based on a modified version of Bollinger Bands. Bandwidth is calculated quite differently from the usual Bollinger indicator (not with the built-in stdev function). There is no need to input a multiplier factor, such as that used in BB - the script calculates it from 'Length' using a custom formula.
The 3 user inputs 'Length' ares recommended to be kept at 200, 100 and 50 period. In that way, the misty area in the landscape corresponds to price crossing EMAs of 50 and 100, and the zero line to EMA 200.
The different colors of the mountain and the horizon represent the Bollinger Bands corresponding to the mentioned periods of 50 and 100, whereas limits of -1 and +1 are those from the 'Length' parameter.
You will find that my coding skills are rudimentary, so any comment/suggestion to improve the script is welcome.
Credits
@everget for the 'Fancy Shapes' script which was used as a reference to draw the sun.
LIZ TIME DIMENSION (SMA)Each hourly foot can display the moving average line for the same period of time in the same color.
The average moving line that you want to see is displayed by time leg, as well as the long-term Bollinger band that should be noticed by the time leg.
1. You can get a lot of useful information at a glance by displaying the moving average line of the long-term and period setting that many traders are aware of.
○ The period setting of the moving average line displayed in each time and foot is not fixed as usual, but changed the period by time and foot, and the moving average line of the same color
is the same.
It is a moving average line of time (for example, an hourly average line and a four-hour average line).Therefore, the market price is always the same even if the time to see changes
You can see it on a scale.It doesn't happen when you look at it in five minutes, but when you look at it in four hours, it looks like a downward trend.
○ The sensitivity of the rate to the moving average line displayed is very high.
You can see how rate moves, such as trends, are determined, and you can see reality in abstract chart moves
I can feel it.Purple 24 hours (one day) moving average line with 1 minute to 4 hours of foot, Green 1 week moving average line with 5 minute to day.
The sensitivity to the Blue Monthly Movement Average Line, which is displayed from 5 mins to 5 weeks, and Red One Year Movement Average Line, which is displayed from 1 hour to 5 weeks,
is very high.
Just look at whether the rates are moving up or down the moving average line and you'll be able to decide what to look for.
○ What is the positional relation between the moving average line of seven (eight in addition to the weekly moving average line) in the short, short, medium, medium, long, and long periods?
To make the direction and intensity of the trend easier to recognize, it is colored between moving averages to be visible as short- and medium-term clouds.
The three clouds changed color to warm rising clouds and cold falling clouds, depending on the relation of the moving averages.
·Strong upward trend rates when all clouds are unified in either upward or downward direction and are arranged in the order of short-term, medium-term or long-term clouds
·The thickness of the clouds is strong, and when the thickness is increased, the trend rate is strong.
·Trendless market when clouds overlap or the colors of the clouds are mixed
• Range price when rates are moving back and forth between clouds
You can visually and intuitively understand the market conditions, such as .
○ Short-term, short-term, medium- and short-term positional relationships will indicate the timing of the entry payment and the direction of the long-short.It's also written.
In conjunction with this, the duration for which the background color should be long changes to light warm color and warm color, and the duration for short changes to light cold and cold
color.
2. The long-term Bollinger band is displayed so that you can trade with the higher time base than the time base you see.
○ You can ride on a long-term trend by detecting and entering the trend occurrence of long-term feet with short-term feet.
Buy high prices, sell low prices, relax your trend-follow-style tears, and enable stress-free entries.
○ A light, transparent gray filter is displayed between the long-term foot Bollinger band ±1σ which sets the period suitable for the time and foot.
I understand that while the rate is moving in this zone (called gray zone), it is difficult to trend and the price range is small, so it should not be taken care of.
Yes, you can use this filter to prevent deception when the volatility is not present, and if you are out of the filter, you can use the above sign.
By trading in accordance, you can invest in trend-follow tiles while avoiding losses in range markets.
○ Bollinger bands generally display six of ±1σ, ±2σ and ±3σ, but in this indicator, two are inside ±1σ and two are outside ±3σ.
We have added a total of four bands.The former sets up early entries and the latter sets up new reverse positions, expecting a market shift from overheating.
for tips on how to
○ Expansion period (expansion period) due to characteristics of the Bollinger band is a period when volatility is big for trade, and a squeeze period
(Shrinking period) I understand that the volatility is small and it is not suitable for trade.Also, it's a squeeze period, but it's not
You can seize investment opportunities by making you expect the timing to move from contraction to expansion and by watching.
※Valid time difference by series
1 minute, 5 minutes, 15 minutes, 30 minutes 1 Hour, 4 Hour, Daily, Week (Total 8 Hours)
。This is the top version of the Makenai Chart indicator.
。Bolinger band ±3σ with 200 SMA and 200 SMA as the center band is now displayed in common on each hour leg.
。Changing the setting of the foot short-term moving average line for 5 minutes 15 minutes 30 minutes 1 hour to make the short-term cloud easily twisted and to speed up the trading timing.
。Adding ultra short term and short term clouds, which are much shorter than short term clouds, we responded to the requests of traders who want to deal with the roller coaster market and
cut the profit quickly.
(Select short-term clouds, short-term clouds, and ultra-short-term clouds to be used for entry and settlement according to the trade style and the 'dissociation between price and moving average'
which varies depending on the brand, time, and market value.)
。According to the calculation of another indicator (LIZ ADX+DMI), the background has become gray synchronously for a period of inactivity and non-trading.
(In such a period, it is often difficult to follow the trend because the market price is difficult even for lower-level ones, and often it is difficult to follow the trend.)
·Many indicators are counted in one, so you can also view the free version of your account, which has three indicators to display.
The moving avarage lines are SMA. ( I have another version which has EMA lines.)
If you are interested in the invitation-only indicator, please contact us on private chat.
各時間足で同じ期間の移動平均線が同じ色で表示できます。
時間足によって見たい複数の移動平均線が表示される他、その時間足で意識すべき期間設定された長期ボリンジャーバンドも表示されます。
1.長期間でかつ多くのトレーダーが意識する期間設定の移動平均線が表示される事で
以下の有益な情報を一目で得る事ができます。
○各時間足に表示される移動平均線の期間設定は、通常のように期間を一定にするの ではなく、期間を時間足毎に変え同色の移動平均線は同じ時間の移動平均線
（例えば1時間平均線、4時間平均線というように。）としてあります。
このため、見る時間足が変わっても、相場を常に同じ尺度で眺める事ができます。
「５分足では上昇トレンドに、4時間足では下落トレンドに見える。」
という事が起こりません。
○表示される移動平均線に対するレートの感応度は非常に高く、移動平均線にレ-ト
が差し掛かると抵抗を受け反発したり移動平均線を抜けると、勢いよくトレンドが
発生するなど、レートの動きがどのようにして決まっているかを実感でき、抽象的
だったチャートの動きにリアリティーを感じる事ができます。
特に１分足から4時間足まで表示される紫24時間（1日）移動平均線、5分足から
日足まで表示される緑1週間移動平均線、5分足から週足まで表示される青1ヶ月
移動平均線、1時間足から週足まで表示される赤1年移動平均線に対する感応度は
非常に高く、それぞれの移動平均線の上下どちらでレートが推移しているかを見る
だけで、買い目線売り目線の決定ができます。
○短々期、短期、中短期、中期、中長期、長期、長々期の7本
（週足だけはそれに加え最長期の8本）の移動平均線がどのような位置関係にあるか
によってトレンドの方向と強さが認識しやすいよう移動平均線間に着色し短期雲、
中期雲として意識できるようになっています。
3つの雲は移動平均線の関係によりそれぞれ暖色の上昇雲、寒色の下落雲に色が変わり、
・全ての雲が上昇下落どちらかに統一されで短期雲、中期雲、長期雲という順に並
んでいる時は強い上昇トレンド相場
・雲の傾きがきつく厚みがしっかりしている、厚みが増している時は強いトレンド相場
・雲が重なったり、各雲の色がまちまちの時はトレンドレス相場
・雲と雲の間をレートが行ったり来たりしている時はレンジ相場
など、視覚的直感的に相場の状況が理解できます。
表示が可能な時間足は1分、5分、15分 30分、60分、4時間、1日、1週間（合計8つ）です。
※Makenai Chart Indicator の上位版です。
・200SMA,200SMAを中心バンドとするボリンジャーバンド±3σが各時間足に共通で表示されるようになりました。
・5分15分30分1時間足短期移動平均線の設定を変更し、短期雲がねじれやすくし、決済タイミングを早めました。
・短期雲よりさらに短い、超短期雲・短々期雲を追加し、ジェットコースター相場への対応、早めに利確・損切りしたいトレーダーの要望に対応しました。
（トレードスタイルに応じ、また銘柄・時間足・相場つきによって変わる『価格と移動平均線との解離』に応じ、エントリー・決済に使う短期雲・短々期雲・超短期雲を選択します。）
・別のインジケーター（LIZ ADX+DMI)の計算による、ボラティティーがなくトレードに向かない期間は、同期して背景がグレーになるようになりました。
(LIZ ADX+DMIの詳細はこちらのリンクからご覧になれます。 ）
（そのような期間は下位足でも難しい相場つき、レンジやランダム相場になっている事が多いため、トレンドフォローが難しい可能性が高いです。）
・たくさんのインジケーターが１つにカウントされるため、表示できるインジケーター３つの制限がある、無料版のアカウントをお使いの方も表示できます
移動平均線はSMAです。(EMA線がある別のバージョンがあります)
招待専用インジに興味ある方はプライベートチャットに連絡をください。
Zig Lines with Percent & ValueOverview, Features, and Usage:
The Zig Lines with Percent & Value is an indicator that highlights the highest and lowest points of the market from pivot points and zigzag lines based on the ZigZag Period setting. By a default value of 13 for the ZigZag Period this works well on Bitcoin or other alt coins on the 1 hour or higher timeframe charts.
What makes this indicator unique is that it draws a green line to signify an uptrend or a red line to signify a down trend. It will also show the percent difference between the previous point/line, for example: If you see a -negative percentage point with a red line drawn to it, then you are looking at a low pivot point and then as the green line is drawn to a +positive percentage value the percentage you see is the difference between the two points. This is great to see a trend reversal as you can look at previous pivot points and notice about how far the price moves before it changes direction (trend reversal).
There is an invisible EMA line that is used to assist with coloring the negative vs positive values. The value above or below the percentage is the lowest or highest price at that pivot point . The display of the price at the pivot point depends on your ZigZag Period setting and the timeframe of your chart.
Added Bollinger Bands as it fits perfectly with the visuals of the Zig Lines & Pivots.
Usage of Bollinger Bands:
~As the price or candle gets close to the top or bottom of the Bollinger band it can give you a better confirmation that the pivot location is at it's final place, and the trend is more likely to switch directions.
It’s important to know this indicator should not be used for alerts of any type it does repaint as the green or red line is drawing based on live chart data and it can change depending on the direction of the market. This is a great visual tool for trend analysis or to be used with other indicators as a confirmation for a possible good entry or exit position.
Credits ( and consent to use ):
Credits go to user LonesomeTheBlue for creation of this 'Double Zig Zag with HHLL' script.
The addition of the Value above/below the Percentages is from user Noldo and that script is found here:
The Bollinger Bands setup was suggested by user countseven12 and his script that uses the same BB setup is found here:
References:
1. Chen, James. (2021 March 15). Zig Zag Indicator . Received from http: www.investopedia.com
2. Mitchell, Cory. (2021 April 30). Pivot Points . Received from http: www.investopedia.com
Bollinger Bands OscillatorBollinger Bands as a standalone oscillator. Displays all the information of Bollinger Bands but with a handy oscillator to help locate entries. Entries and exits can be found when oscillator leaves the bands.
Simple Bollinger Bands + 3 EMAWe know that the number of indicators that we can use is limited, that is why with this indicator the Bollinger Bands + 3 EMAs join and be able to use 4 indicators in 1.
Bollinger Bands (BB)
Bollinger Bands (BB) are a widely popular technical analysis instrument created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to security 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; however a 20 day moving average is by far the most popular). The SMA then serves as a base for the Upper and Lower Bands which are used as a way to measure volatility by observing the relationship between the Bands and price. Typically the Upper and Lower Bands are set to two standard deviations away from the SMA (The Middle Line); however the number of standard deviations can also be adjusted by the trader.
Exponential Moving Average (EMA)
Moving averages visualize the average price of a financial instrument over a specified period of time. However, there are a few different types of moving averages. They typically differ in the way that different data points are weighted or given significance. An Exponential Moving Average (EMA) is very similar to (and is a type of) a weighted moving average. The major difference with the EMA is that old data points never leave the average. To clarify, old data points retain a multiplier (albeit declining to almost nothing) even if they are outside of the selected data series length.
The 3 EMAs that the Script has, are configured as follows:
Fast EMA (purple) 10 periods.
Slow EMA (blue) 55 periods.
Big EMA (olive) 200 periods.
However, you can configure each one with the color and the number of periods you want.
There are other indicators in the Public Library that have similar functions to this Script, but they all do it in a more complex and less friendly way when configuring it, for this reason we wanted to keep this Script as simple as possible.
