[klemenxina] BB% MMA
BB% based indicator. It tracks the percentage distance between price and its deviations. Using this it shows overbought and oversold levels, signalling a good chance for mean reversion.
Triangles signal a good chance of price changing direction. Meaning green triangle = bull and red triangle = bear.
Script also includes warnings for change of trend when blue diamonds are printed. These indicate a deviation of the indicator baseline (BB%).
For the BB baseline, there are 7 options. When the testing is finished I will eliminate the bad ones.
The indicator works on all timeframes and has inputs for MA lengths, a different input for Hull MA variants and bb% deviation length.
Colouring options include a single colour, position colour which colours the baseline depending where it stands on the scale(+-50) and trend colour that uses trend detection for baseline colouring (red = bear, green = bull)
Script also includes divs.
Users can change the TF of the indi.
If you have any improvement ideas MSG me.
Triangles signal a good chance of price changing direction. Meaning green triangle = bull and red triangle = bear.
Script also includes warnings for change of trend when blue diamonds are printed. These indicate a deviation of the indicator baseline (BB%).
For the BB baseline, there are 7 options. When the testing is finished I will eliminate the bad ones.
The indicator works on all timeframes and has inputs for MA lengths, a different input for Hull MA variants and bb% deviation length.
Colouring options include a single colour, position colour which colours the baseline depending where it stands on the scale(+-50) and trend colour that uses trend detection for baseline colouring (red = bear, green = bull)
Script also includes divs.
Users can change the TF of the indi.
If you have any improvement ideas MSG me.
Versionshinweise:
Added alerts for:
-normal divergences
-normal + hidden divergences
-normal divergences
-normal + hidden divergences
Versionshinweise:
Added new logic and removed unnecessary MAs.
New indicator trend now automatically selected for baseline colouring. Added option to view trend as background colour.
Fixed diamond/triangle signal overlapping.
Script considered finished.
New indicator trend now automatically selected for baseline colouring. Added option to view trend as background colour.
Fixed diamond/triangle signal overlapping.
Script considered finished.
Versionshinweise:
Small changes to the look of the script.
Divs now off by default. Added the filtering MA plot. You can turn it on and off now (on by default). Added bar coloring for the blue diamond signal(need ideas for better colors, msg me pls)
Last update will be new div logic.
Divs now off by default. Added the filtering MA plot. You can turn it on and off now (on by default). Added bar coloring for the blue diamond signal(need ideas for better colors, msg me pls)
Last update will be new div logic.
Versionshinweise:
Changed div logic, now displays realtime divs(-1 lag).
Regular divs now on by default.
Regular divs now on by default.
Versionshinweise:
:)
Versionshinweise:
Better divs
Visual update
Visual update
Versionshinweise:
Added a filter for the OB/OS signals
There are 3 viewing options:
- Both : Displays filtered and unfiltered signals. Its also the def setting
- Filtered: Displays only filtered signals
- Legacy: Displays without the filter (just like before the update)
Filtered signals are always displayed with the same color. Def is blue.
Filtered signals are made mostly for lower TF
Improved alerts now have every signal
There are 3 viewing options:
- Both : Displays filtered and unfiltered signals. Its also the def setting
- Filtered: Displays only filtered signals
- Legacy: Displays without the filter (just like before the update)
Filtered signals are always displayed with the same color. Def is blue.
Filtered signals are made mostly for lower TF
Improved alerts now have every signal