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Bands

MA Study: Different Types and More [NeoButane]A study of moving averages that utilizes different tricks I've learned to optimize them. Included is Bollinger Bands, Guppy (GMMA) and Super Guppy. The method used to make it MtF should be more precise and smoother than regular MtF methods that use the security function. For intraday timeframes, each number represents each hour, with 24 equal to 1 day. For daily, 3 is 3 day, for weekly, 4 is the 4 weekly, etc. If you're on a higher timeframe than the one selected, the length will not change. Log-space is used to make calculations work on many cryptos. The rules for color changing Guppy is changed to make it not as choppy on MAs other than EMA. Note that length does not affect SWMA and VWAP and source does not affect VWAP. A short summary of each moving average can be found here: medium.com List of included MAs: ALMA: Arnaud Legoux Double EMA EMA: Exponential Hull MA KAMA: Kaufman Adaptive Linear Regression Curve LSMA: Least Squares SMA: Simple SMMA/RMA: Smoothed/Running SWMA: Symm. Weighted TMA: Triangular Triple EMA VWMA: Volume Weighted WMA: Weighted ZLEMA: Zero Lag VWAP: Vol Weighted Average Welles Wilder MA
Pine Script® indicator
by NeoButane
11
ATR Trailing Stop Bands [NeoButane]These ATR bands and trailing stops can be used as a way to manage risk, enter breakout trades, or as support/resistance. Please see here for information about payment and access: medium.com ATR Bands Features: Shape plotted for closes out of bands Custom resolution Bands multiplier: useful for reducing size to increase signal Band smoothing type: EMA, Hull MA, or no moving average smoothing Calculated in geometric mean (log scaling) to resolve issues with flash dumps or pumps Alerts for closing outside of bands ATR Trailing Stop Features: Based on daily resolution timeframe Trailing stop multiplier: useful for curve-fitting to your instrument's normal trading range. Recommended multiplier between 1.5-3 Can be used as trading range (>3) or for breakout trading (<1.5) Alerts for price touching stops
Pine Script® indicator
by NeoButane
2
Fractal Chaos Bands Strategy Stock market moves in a highly chaotic way, but at a larger scale, the movements follow a certain pattern that can be applied to shorter or longer periods of time and we can use Fractal Chaos Bands Indicator to identify those patterns. Basically, the Fractal Chaos Bands Indicator helps us to identify whether the stock market is trending or not. When a market is trending, the bands will have a slope and if market is not trending the bands will flatten out. As the slope of the bands decreases, it signifies that the market is choppy, insecure and variable. As the graph becomes more and more abrupt, be it going up or down, the significance is that the market becomes trendy, or stable. Fractal Chaos Bands Indicator is used similarly to other bands-indicator (Bollinger bands for instance), offering trading opportunities when price moves above or under the fractal lines. The FCB indicator looks back in time depending on the number of time periods trader selected to plot the indicator. The upper fractal line is made by plotting stock price highs and the lower fractal line is made by plotting stock price lows. Essentially, the Fractal Chaos Bands show an overall panorama of the price movement, as they filter out the insignificant fluctuations of the stock price. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
7
Volatility Profit (VPI) & Bollinger Bands (BB) [checkm8]Hello and welcome to my 2-in-1 indicator of Volatility Profit Indicator and Bollinger Bands. Volatility Profit Indicator is a script inspired by Jim Berg, from a 2005 article titled "The Truth About Volatility". This is a set of bands, where the upper band is based on a moving average of highs over a given period, added to the average true range of the period. The lower band is based on a moving average of lows over the same given period, from which the average true range is subtracted. The formula is shown below: VPI High Band = MA(HI, type, x) + y * ATR(z) VPI Low Band = MA(LO, type, x) - y * ATR(z) where... type = MA Type (default to Exponential) x = MA Period (default to 13) y = True Range Multiplier (default to 2) z = True Range Period (default to 20) Bollinger Bands should be familiar by now, but they are calculated based on a moving average of a source ( / 3), added to a particular standard deviation of the source. This indicator: - Allows you to choose whether you want to plot the Volatility Profit Indicator or Bollinger Bands. By default, each will show three bands. - Has pre-made color schemes to choose from to simplify your life. - Has smoothing for the Volatility Profit Indicator - Allows you to choose the source for Bollinger Bands - Allows you to select what multiplier of the average true range the Volatility Profit Indicator plots, as well as what standard deviations the Bollinger Bands show. If you have any additional questions, concerns, or suggestions - feel free to reach out. All the best & happy trading.
Pine Script® indicator
by checkm8
Periodic ChannelThis indicator try to create a channel by summing a re-scaled and readapted sinusoidal wave form to the price mean. The length parameter control the speed of the sinusoidal wave form, this parameter is not converted to a sine wave period for allowing a better estimation, higher length's work better but feel free to try shorter periods. The invert parameter invert the sinusoidal wave. Each bands represent possible return points, the higher the band the higher the probability. Inverted sin wave exemple The performance of the indicator is subjective to the main estimation (blue line), select the parameter that best fit the blue line to the price. Best ragards
Pine Script® indicator
by alexgrover
22
Prime Number Bands Strategy Determining market trends has become a science even though a high number or people still believe it’s a gambling game. Mathematicians, technicians, brokers and investors have worked together in developing quite several indicators to help them better understand and forecast market movements. The Prime Number Bands indicator was developed by Modulus Financial Engineering Inc. This indicator is charted by indentifying the highest and lowest prime number in the neighborhood and plotting the two series as a band. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
VWMA Keltner BandsKind of like Keltner Channel/Bands (stockcharts.com) but using VWMA instead so that volume is taken in to account. Outside the upper band can considered to be 'overbought' and outside the lower band can be considered to be 'oversold' Has option to highlight signals (i.e. when price closes outside a channel) and also the option to only display signals if the price is on the correct side of VWAP (i.e. no sell signals if price is above VWAP)
Pine Script® indicator
by lvturner
2
[STUDY] CypherCore Trading Suite Rerband. Now a STUDY script. - RSI overlay indicators (diamond shapes) - Most commonly used MA types( i.e. SMA , EMA , WMA , VWMA , ZEMA ) - Bands - Price Action Indicator (color coordinated) color code: yellow --- inside bars (breakout) blue --- outside bars (breakout) green --- up pin bars (reversal) red --- down pin bars (reversal) fuchsia --- down shaved bars (selling pressure, selling likely to continue) aqua --- up shaved bars (buying pressure, buying likely to continue) - Reversal candlestick patterns (only a few for now) - Two strategies for determining buy/sell signals 1. buy/sell signals determined by EMAs crossover (better for position or swing trades) 2. buy/sell signals determined by MAs crossover (better for scalping) 03/02/2017 - Switched to STUDY - Fractals added - Alerts now fully working - New "Input" menu Buy/Sell signals are NOT financial advice.
Pine Script® indicator
by jim380
65
Volume Weighted Average Range Bands [DW]This is an experimental study designed to identify the underlying trend bias and volatility of an instrument over any custom interval TradingView supports. First, reset points are established at points where the opening price of the interval changes. Next, Volume Weighted Average Price (VWAP) is calculated. It is the cumulative sum of typical price times volume divided by the cumulative volume. The cumulation starts over upon each reset point. After that, Volume Weighted Average Range (VWAR) is calculated. The formula structure is the same as VWAP, except using range rather than typical price. Lastly, the bands are calculated by multiplying the VWAR by the specified multiplier (approximate Golden Ratio by default) and by 1 through 5, then adding to and subtracting from the VWAP. Custom Bar Colors are included.
Pine Script® indicator
by DonovanWall
7
LuauDesign's Oscillator v1I wanted to make an indicator that behaved similarly to Parallel Channels. This is what I currently have. Blue Oscillator for uptrend. Red Oscillator for downtrend. Both for ranges. Recommended periods are powers of two (16, 32, 64, 128, 256), which should be adjusted according to volatility. There's a alternate version of this same code that shows Price Bands instead. Easier to spot trend direction and how price responds to each Channel.
Pine Script® indicator
by luaudesign
1
LuauDesign's Price Bands v1I wanted to make an indicator that behaved similarly to Parallel Channels. This is what I currently have. Blue Channel for uptrend. Red Channel for downtrend. Both for ranges. Recommended periods are powers of two (16, 32, 64, 128, 256), which should be adjusted according to volatility. There's a alternate version of this same code that shows an Oscillator instead. Less clutter if you're using more than one at once.
Pine Script® indicator
by luaudesign
Laguerre Multi-Filter [DW]This is an experimental study designed to identify underlying price activity using a series of Laguerre Filters. Two different modes are included within this script: -Ribbon Mode - A ribbon of 18 Laguerre Filters with separate Gamma values is calculated. -Band Mode - An average of the 18 filters generates the basis line. Then, Golden Mean ATR over the specified sampling period multiplied by 1 and 2 are added and subtracted to the basis line to generate the bands. Multi-Timeframe functionality is included. You can choose any timeframe that TradingView supports as the basis resolution for the script. Custom bar colors are included. Bar colors are based on the direction of any of the 18 filters, or the average filter's direction in Ribbon Mode. In Band Mode, the colors are based solely on the average filter's direction.
Pine Script® indicator
by DonovanWall
5