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Reversal Indicator █ OVERVIEW This indicator shows bullish and bearish reversal signal candles. It finds the candles with extreme volatility and marks the candles with high probability for a reversal of the trend. █ CONCEPT This indicator uses the Bollinger Bands to mark the candles with high selling/buying pressure. Bollinger Bands consist of three bands total: an upper band, middle band, and lower band. These separate bands are each used to highlight extreme prices in a specific security. The upper band is associated with overbought, whereas the lower band points to oversold, and the middle band acts as a moving average. It is common after a lower band has been broken by heavy selling for the price of the asset to revert back above the point of the lower band and move closer to the middle band. The indicator marks this occurrence as a bullish reversal candle. Same applies vice versa. If the upper band is broken by heavy buying, it is natural for the price to revert back and move closer to the middle level. This indicator marks this as a bearish reversal candle. █ HOW TO USE IT Reversal Candles - Sky blue colored "R" indicates bullish reversal candle and yellow colored "R" indicates bearish reversal candle. Checkmarks - Checkmarks provide a confirmation that the reversal has already begun with the candle next to the signal candle. Always wait for confirmation before considering it as a reversal of the trend. RSI confluence - Enabling this check box in settings will show the reversal signal only when the RSI is overbought/oversold █ LIMITATION As like in any indicator, this indicator needs to be used with the assistance of other indicators to make conceptual and strategic trading decisions.
Pine Script® indicator
by StrategicalCharts
66
Volume Adaptive Bollinger Bands (MZ VABB)This indicator is a functional enhancement to John Bollinger's Bollinger Bands. I've used Volume to adapt dynamic length which is used in basis (middle line) of Bollinger Bands and Simple Moving Average is replaced with Adaptive Ehlers Deviation Scaled Moving Average ( AEDSMA ). BOLLINGER BANDS BASIC USAGE AND LIMITATIONS Bollinger bands are popular among traders because of their simple way to detect volatility in market and redefine support and resistance accordingly. These are some basic usages of original Bollinger Bands: Most commonly Bollinger Band works on 20 period Simple Moving Average as Basis / Middle Line and standard deviation of 2 for volatility detection. Upper and lower bands can act as support and resistance which accordingly update with standard deviation of same period as of Simple Moving Average. As upper and lower bands act as volatility measure which benefits in Squeeze detection and breakout trading. Among all the usages there are some limitations as follows: Original Bollinger Bands use 20 period Simple Moving Average as Basis which itself restricted to some number of data pints and if market moves in one direction or simply goes sideways for long time; candles can stay on either bands for long time. This gives benefit for staying in directional trade but will completely nullify the use of both bands as support and resistance. Above point simply be explained as markets can stay overbought / oversold for long time and one way to make Bollinger Bands more useful is to simply use higher periods in SMA but as we know with higher periods SMA becomes more laggy and less adaptive. Most traders use BBs alongside some other Volume Oscillator for example "On Balance Volume" but that does solve BBs limitations issue that it should be more adaptive to detect volatility in market. VOLUME ADAPTIVE BOLLINGER BAND WORKING PRINCIPLE Best way to make original Bollinger band more adaptive was to just use dynamic length instead on constant 20 period. This dynamic length had to be based on some other powerful parameter which can't be volatility as BB itself is a volatility indicator and adapting its length based volatility would have been superimposing volatility on Bollinger bands giving unrealistic results. For adaptive length, I tried using Volume and for this purpose I used my Relative Volume Strength Index " RVSI " indicator. RVSI is the best way to detect if Volume is going for a breakout or not and based on that indication length of Bollinger Band Basis Moving Average changes. RVSI breaking above provided value would indicate Volume breakout and hence dynamic length would accordingly make Bollinger band basis moving average more over fitted and similarly standard deviation of achieved dynamic length would give better bands for support and resistance. Similar case would happen if Volume goes down and dynamic length becomes more underfit. According to my back testing studies I found that Simple Moving Average wasn't the best choice for dynamic length usage in Bollinger Band Basis. So, I used Adaptive Ehlers Deviation Scaled Moving Average ( AEDSMA ) which is more adaptive and already modified to adapt with RVSI. SLOPE USAGE FOR TREND STRENGTH DETCTION Volume Adaptive Bollinger Bands are more reactive to market trends so, I used slope for trend strength detection. If slope of Volume Adaptive Bollinger Band Basis (i.e. AEDSMA ), Upper and Lower Bands is supporting a trend at same time then script will provide signal in that direction. That signal can also use Volume as confirmation if Bollinger Bands trend direction is supported by Volume or not. DYNAMIC COLORS AND TREND CORRELATION I’ve used dynamic coloring in Basis ( AEDSMA ) to identify trends with more detail which are as follows: Lime Color: Slope supported Strong Uptrend also supported by Volume and Volatility or whatever you’ve chosen from both of them. Fuchsia Color: Weak uptrend only supported by Slope or whatever you’ve selected. Red Color: Slope supported Strong Downtrend also supported by Volume and Volatility or whatever you’ve chosen from both of them. Grey Color: Weak Downtrend only supported by Slope or whatever you’ve selected. Yellow Color: Possible reversal indication by Slope if enabled. Market is either sideways, consolidating or showing choppiness during that period. SIGNALS Green Circle: Market good for long with support of Volume and Volatility or whatever you’ve chosen from both of them. Red Circle: Market good to short with support from Volume and Volatility or whatever you’ve chosen from both of them. Flag: Market either touched upper or lower band and can act as good TP and warning for reversal. FIBONACCI BANDS I’ve included Fibonacci multiple bands which would act as good support/resistance zones. For example, 0.618 Fib level act as good local support and resistance in both upper and lower zones. Fibonacci values can be modified but should be lower than 1. DEFAULT SETTINGS I’ve set default Minimum length to 50 and Maximum length to 100 which I’ve found works best for almost all timeframes but you can change this delta to adapt your timeframe accordingly with more precision. Dynamic length adoption is enabled based on Volume only but volatility can be selected which is already explained above. Trend signals are enabled based on Slope and Volume but Volatility can be enabled for more precise confirmations. In “ RVSI ” settings "Klinger Volume Oscillator" is set to default but others work good too especially Volume Zone Oscillator. For more details about Volume Breakout you can check “MZ RVSI Indicator". ATR breakout is set to be positive if period 14 exceeds period 46 but can be changed if more adaption with volatility is required. EDSMA super smoother filter length is set to 20 which can be increased to 50 or more for better smoothing but this will also change slope results accordingly. EDSMA super smoother filter poles are set to 2 because found better results with 2 instead of 3. FURTHER ENHANCEMENTS So far, I've achieved better results with "Klinger Volume Oscillator" in RVSI but TFS Volume Oscillator and On Balance Volume can be used which would change dynamic length differently. It doesn't mean that results would be wrong with some oscillator and precise with others but every oscillator works in its specific way for and RVSI just detect strength of Volume based on provided oscillator.
Pine Script® indicator
by MightyZinger
9
[kai]Keltner&BolingerIt is an indicator that simultaneously displays the Bollinger Bands (BB) and Keltner Channel (KC) calculated for the log scale. * If you need the normal scale version, please turn off the log mode in the settings. I think the usage is the same as normal BB and KC. From here, it ’s an original way of thinking. I thought about countermeasures for the phenomenon that the BB contracts (squeezes) and breaks, but for some reason it suddenly reverses and breaks greatly in the opposite direction or ends in misfire. The main part of this Inge is KC, and I think that the range within KC is the range. Considering that the bar broke above and below the range of KC and broke, the trend market started. BB fits in KC and judges that the trend is game over If it is within KC, it is contrarian at the upper and lower limits of KC. If it breaks, Trend following Profit if BB fits in KC I'm thinking about how to use it ログスケール用にログ計算したボリンジャーバンド（BB）とケルトナーチャンネル（KC）を同時に表示するインジケーターです ※通常スケール版が必要な時は設定のlog modeをOFFにしてください 使い方は普通のBBとKCとおなじで使用方法で良いと思います ここからはオリジナルな使い方の考え方です BBが収縮（スクイーズ）してブレイクしたのに何故か突然反転して反対の方に大きくブレイクしたり、不発に終わったりする現象の対策を考えました このインジのメインはKCでKCの範囲内はレンジと考えます KCの範囲外にバーが上抜け、下抜けして、ブレイクしたと考え、トレンド相場スタートとします BBがKCの中に納まってトレンド終了と判定します KC内の場合はKCの上限、下限で逆張り ブレイクした場合は順張り BBがKCの中に納まったら利確 という感じの使い方を考えています
Pine Script® indicator
by xinolia
2
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.
Pine Script® indicator
by Trendoscope
6
CRC.i Bollinger Bands ®This script is yet another variant of the famous Bollinger Bands® TA tool used to track price volatility as it deviates from the mean of a security using standard deviations (positive &negative). Built for my own personal preferences. But perhaps you might like it, too. Includes + Chart Lines: price, upper and lower bands + User Options: SMA length, stdev value + Heads up Display (HUD) with TARGET's and other related stats Bugs? Comments? Requests? Ping me @calmrat
Pine Script® indicator
by calmrat
6X Bollinger Bands + MA + VWAP Dingue V56X Bollinger Bands Dingue V5 - This is the updated version for Pine Script 5 This indicator lets you quickly see all the intricacies of the Bollinger Bands; it simplifies its usage and maximizes the results. Color-coded if the price is above or under the middle and based on direction. Color-coded for expansion and contraction of the bands. Option to plot ‘Squeezed bands’. It will show above the bands when they become smaller than the setting chosen. This helps identify build-up that might explode one way or another. - 6x independent Bands can be adjusted as you want. It gives you possibilities in how you see variance, trends, support and resistance. You can also select the MA type: SMA EMA WMA VWAM FRAMA … to explore new ways to see the Bollinger bands. New in this version, you can now add a separate ‘Long MA’ that you can select independently from the Bands. Ex. Plot 200 SMA This helps in building a strategy with the trend and the bands. Like the MA above, you can also plot 2 different VWAP independently from the Bands. This also helps knowing where the price stands compared to the bigger time frame VWAP’s price. 'Tool tips' explain other settings, if you have any questions, feel free to ask in the comments below. Thank you for the feedback and check all my ‘Dingue’ indicators.
Pine Script® indicator
by CryptoDINGUE
8
EMA/MA Cross + BB + Alerts Short hand notes - I made this for friend and I. Unsure how to share it with him so made it public. u/ tmyerskerry for the math on slope and look back period (look back period isn't perfect for slope calculation as 200ma is slow moving so some signals are goign to be strong instead of weak and visa versa. If you know a better way than i'm all ears! Can set mutliple EMA's and MA's. Default BB built in. Couldn't figure out how to set default shadow transparency so you will have to turn it down. Added red and green lines that indicate when price has gone above and below the BB shadow. Added arrows for when EMA1 crosses EMA2. Right now set for 9 + 32. And depending on MA200 color changes if its with the trend or against. Alerts in the works. (please don't ask for them as i'm doing this part time and don't know pinescript)
Pine Script® indicator
by revolution05
1
Pluto Star - Bollinger Band Trap//DESCRIPTION //Pluto star appears on a chart when price goes in the in the extreme price range territory, i.e. beyond 2 standard deviation from the mean (or mid Bollinger Band). //What makes a Pluto Star appear on a chart: //1. Check if the candle 's' high and low, both are completely outside of the Bollinger Bands (close, 20, 2) - Lets call it Pluto Star Candle //2. Pluto Star Candle must not be a result of sudden price movement. Hence the previous candle must give a BB Blast. // In other words, the candle must have it's either open or close outside of Bollinger Bands, to confirm a BB Blast before the Pluto Star //3. Candle, following the Pluto Star must not break the high (in case of upper BB i.e. short call) or low (in case of lower BB, i.e. long call), to confirm the reversal to the mean // This implies that Pluto Star appears on chart, above/below the next candle of actual Pluto Star Candle //----- The above 3 conditions make a Pluto Star appear on a chart. But one must wait for a trade signal. Read the following conditions //4. There is a signal line, which is nothing but ema(close,5) //5. The red dotted line is the signal range (and also acts as Stop Loss). The price must close above/below the signal line within the signal range //6. For a red Pluto Star (short call), the price must close below the signal line, within next 6 candles (signal range). Else there is no trigger for a trade //7. For a green Pluto Star (long call), the price must close above the signal line, within next 6 candles (signal range). Else there is no trigger for a trade //8. If any of the candle crosses the Stop Loss line within signal range, there is no trigger for a trade //9. In a normal scenario, the price must return to the mean, i.e. mid Bollinger Band. In best case scenario, it must go to the opposite side Bollinger Band. //Recommendation: Test it with Nifty and Bank Nifty charts on 30 mins and 1 hour timeframes
Pine Script® indicator
by MotiRakam
4
Bollinger Band Gradient (BBG)The Bollinger Band Gradient Indicator uses plenty of Bollinger Bands to create a gradient-looking 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 all settings for 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: SMA, EMA, 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. Likewise, 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 entry and exit points 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 the BBs . A few of the technical settings you can change for the Bollinger Bands 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 separately (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 separately(The standard Deviator applied for the BB for both the upper and lower line.) A few of the style settings you can change for each Bollinger Band are: Fill (the color used to fill from the upper to the lower band) Fill opacity % (the opacity used when filling the upper line to the lower line) 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 for complete customization. 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.
Pine Script® indicator
by NodeX4
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.
Pine Script® indicator
by NodeX4
1
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
Pine Script® indicator
by Nick42_for_win
7
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
Pine Script® indicator
by Rain5369
2
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 .
Pine Script® indicator
by Trading_ED
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。
Pine Script® indicator
by FX365_Thailand
4
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
Pine Script® indicator
by Mikeo82
1
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
Pine Script® indicator
by TheTradingParrot
1
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!
Pine Script® indicator
by tayyebi