Bollinger Bands (Bad Ass B-Bands) - Wyckoff Mode

20. Jan. 2021

Hi Everyone! It's time to make this indicator public reduce the load off of me for others requesting access... This particular version of Bad Ass B-Bands has a minor change in the default settings to reduce the thickness of the B-Bands to number 1 thickness instead of a default to number 2 thickness. Feel free to adjust the colors to your personal preference to work well with the background color of your choosing.

DEFAULT INPUTS:

The Standard Deviation for White Upper B-Band = Positive 1.0

The Standard Deviation for White Lower B-Band = Negative 1.0

The Standard Deviation for Aqua Upper B-Band = Positive 1.618

The Standard Deviation for Aqua Upper B-Band = Negative 1.618

The Standard Deviation for Orange Upper B-Band = Positive 2.618

The Standard Deviation for Orange Upper B-Band = Negative 2.618

The Standard Deviation for Red Upper B-Band = Positive 3.618

The Standard Deviation for Red Upper B-Band = Negative 3.618

The Yellow B-Band BASIS is setup for 20-Moving Average



It's EXTREMELY IMPORTANT to use this indicator with my Phoenix Ascending 2.201 indicator to get a better indication of where the price action can run up to or down to in most any time frame.

BASIC RULES BELOW: Be advised these rules are ONLY BASIC... More detailed rules will be made available in the future.

If the Red RSI inside Phoenix Ascending indicator goes above level 50, there's a chance for price action to run up to the Aqua/Orange UPPER B-Bands.

If the Blue LSMA inside the Phoenix Ascending indicator goes above level 50, there's a chance for the B-Bands to expand and the body of each candle to remain inside the Aqua/Orange UPPER B-Bands until the B-Bands begin to flatten and/or contract.

If the Red RSI inside the Phoenix Ascending indicator goes below level 50, there's a CHANCE for the price action to fall down to the Aqua/Orange LOWER B-Bands.

If the Blue LSMA inside the phoenix Ascending indicator goes below level 50, there's a CHANCE for the B-Bands to expand and the body of each candle to remain inside the Aqua/Orange LOWER B-Bands until the B-Bands begin to flatten and/or contract.

If the Green Line falls down to level 50 inside the Phoenix Ascending Indicator, there's a CHANCE for the price action to fall to the Yellow B-Band Basis.

If the Green Line runs up to level 50 inside the Phoenix Ascending Indicator, there's a CHANCE for the price action to run up to the Yellow B-Band Basis.

REMINDER: The rules above are ONLY "BASIC" RULES. Additional rules will be available in the future.

Happy Trading and Stay Awesome!

David

SETUP VIDEO FOR PHOENIX ASCENDING 2.201 and BOLLINGER BANDS:

3. Jan. 2022

Versionshinweise

I added 5th Standard Deviation Positive and Negative Levels. The 5th Standard Deviation is the 4.681 FIB Extension for both positive and negative levels. I chose to make the new 5th Standard Deviation the color purple by default. You can choose to keep this standard deviation hidden if you wish by simply going to settings and "un-check" the upper and lower 5th Standard Deviations. It's the user's preference.

Happy Trading and Stay Awesome!

David

6. Jan. 2022

Versionshinweise

CORRECTION: Forgot to change the "value" for the 4.618 Standard Deviation to actually read "4.618 Standard Deviation" on Price Labels if you reveal them within the price bar to the right of your chart.

9. Feb. 2022

Versionshinweise

Hi Everyone! An awesome follower made an update for me with the Bad Ass B-Bands. We are able to "show" the percentage between the White Upper and White Lower B-Bands to see if the spacing between the B-Bands is wide enough to help us when determining our risk to reward ratio for High Time Frame Scalping. This is used for that purpose when using my methods. I won't get into details on buying or selling outright based on that percentage VERSUS margin long or margin short with LEVERAGE at the same percentage. This will be discussed in other educational material. I'm going to create another setup video shortly; which will be in list of "ideas" in my Public Profile on February 9, 2022. Provided the date in case you see this later and want to know what date to scroll to in my "ideas" to find the setup video.

15. Feb. 2022

Versionshinweise

Hi Everyone!

Josue fixed an error on the "fill" of the percentage spread between the white upper and white lower B-Bands. Of course, the percentage of this spread can be changed in settings. You can also choose if you want to "fill" the historical spread between the white B-Bands and choose to "show" (display) the percentage spread numerically in the current candle.

Thanks again, Josue!

Stay Awesome, Everyone!

David

15. Feb. 2022

Versionshinweise

Made one more change to the DEFAULT thickness of the Purple Upper and Purple Lower B-Bands. I made them one size THICKER than the others to help it be easier to view on darker chart backgrounds.

16. Feb. 2022

Versionshinweise

This is Bad Ass B-Bands update version 2.4

How to replace existing Bad Ass B-Bands with new update:

1. Refresh your browser window
2. Delete your previous version Bad Ass B-Bands
3. Click “indicators” in top left of window and a pop-up window appears
4. Enter the phrase, “bad ass” into the search field
5. Click on Bollinger Bands (Bad Ass B-Bands) WyckoffMode

Refresh your browser window

By default, the “Percent (%) Spread” between the White Upper and White Lower B-Bands is displayed to the right of the last candle.

You have the option to show or hide the “Percent (%) Spread” between the White/Aqua Upper B-Bands as well as the “Percent (%) Spread” between the White/Aqua Lower B-Bands.

You have the option to change TEXT COLOR of the “Percent (%) Spread” between White upper and white lower; Aqua Upper and White Upper; and Aqua Lower and White Lower. This was done for those who prefer to use a white background. In this instance, you may need to change the White upper and lower B-Bands to Gray and change the Aqua upper and lower B-Bands to Blue.

You have the option to show or hide the “lines” spanning the length of the percent spread between the white upper and white lower; the % spread between the aqua upper and white upper and show or hide the “lines” spanning the length of the percent spread between the aqua lower and white lower B-Bands.

You have the option to change the color of the lines spanning the length of the percent spread between white upper and white lower; aqua upper and white upper; as well as aqua lower and white lower b-bands.

I’m sure there are more options I simply can’t remember to mention. Simply play around with checking and unchecking boxes in the indicator “settings” under “inputs” and under “style.” Also click boxes for text colors to adjust transparency of FILL, etc…

Thanks again to Josue for his patience and diligence to get this done.

Stay Awesome, Everyone!

David

16. Feb. 2022

Versionshinweise

Hi Everyone! A correction needed to be made on the math regarding the percentage between white/aqua upper and white/aqua lower b-bands. This version is likely the final product.

Stay Awesome!

David

16. Feb. 2022

Versionshinweise

Sorry, had to change one more line of code to avoid a negative sign on the percentage. Changed code line 56...

Thank you Josue for your TIME and DILIGENCE.

Stay Awesome, Everyone!

David

19. Feb. 2022

Versionshinweise

Hi Everyone!

I believe this may be the final edit to this script (indicator) for a while. The option to change the font size of the percentage spread between B-Bands displayed to the right is available in this update.

Thanks again for your assistance with this update, Josue!

Stay Awesome!

David

28. Feb. 2022

Versionshinweise

Hi Everyone!

This particular version of Bad Ass B-Bands includes the option to "show" or "hide" the percentage spread between the aqua/orange upper and aqua/orange lower b-bands. The percentage spread of those b-bands can be adjusted based on personal preference. Meaning, the "fill" of the b-bands will only appear when the percentage (based on personal preference) is at that percentage or higher. This was also added to the white/aqua upper and white/aqua lower b-bands.

The purpose of adding these features to Bad Ass B-Bands was to two fold:

1. To be able to see potential percentage gain of a trade if we choose to plan and execute a trade.
2. To be able to quickly determine where to place our stop loss or trailing stop based on percentage.

This will be explained in an educational video later.

Thank you, Josue, for your generosity with your valuable time with the updates for this script, Mate!

Stay Awesome!

David

29. Mai 2022

Versionshinweise

Hi Everyone!

Thank you for your attention to detail, Josue. He has been a HUGE help with improving Bad Ass B-Bands. This update will show percentage for price in-crease and percentage for price de-crease.

The first number will begin with an UP arrow; indicating price percentage INCREASE if price is going UP.

The second number will begin with a DOWN arrow; indicating price percentage DECREASE if price is going DOWN.

Here is the Setup Video for Bad Ass B-Bands and Phoenix Ascending indicators:

Happy Trading and Stay Awesome!

David

16. Apr. 2023

Versionshinweise

Hi Everyone!

I updated the Bad Ass B-Bands script. I prefer to call it Phoenix B-Bands instead. I simply added the Magenta Upper and Magenta Lower B-Bands. The standard deviations for those B-Bands is 0.618 Std. Deviation. Yes, still using Fibonacci Math in the Standard Deviations.