atr_channelThe original bollinger bands have a fixed deviation of 2%, this channel calculates the ATR % (Atr Percentage) and places the upper and lower bands
In den Scripts nach "bollingerband" suchen
Double BB + Multi Ema Supports 2.0 // by Mochero Use this indicator to identify the market trend, possible dynamic support or resistance, and possible reversals or corrections.
Take the moving averages (50,75,100,200) as a reference to identify whether the market is bullish or bearish.
Use the Parabolic Sar, to identify minor trends.
Take as reference the Moving Averages (5,9,15,25) as possible support or dynamic resistance.
You can also use a DEMA 9.
This indicator marks past Supports and Resistances to have a reference and mark reversal zones.
Take the BB as a reference, to identify possible setbacks or trend changes.
Added a third BB (optional).
-Added 3 types of signals, with RSI, Stoch, DMI. They indicate possible reversals or changes in trends.
Suggested values
-RSI 4
-Stoch 1 (5,1,1)
-Stoch 2 (14,1,1)
-DMI (10, 3)
Squeeze Momentum Indicator v4_pine [By Lazy Bear]This is the famous Squeeze Momentum Indicator made by @LazyBear in v4 version if someone wants to test some strategies, as the original code was in v2 version the code converter couldn't convert to v4.
Mandelbrot's RangeThis uses a Rescaled Range from Benoit Mandelbrot's Misbehavior of Markets to devise a Risk Range on stocks. A trading position can be managed by selling portions at the top of the risk range and selling at the bottom of the risk range.
The Length parameter defines how wide the range is and how frequently the price will reach the range bands.
The Vol Length Parameter defines how far back to weight volatility, and how responsive the bands will be in response to volatility
Envy's Bollinger Band RSI Strategy - My First ScriptThis is an indicator that prints buy and sell signals based off the conditions that are met and this strategy itself can be really good when used correctly and do not use this when you are looking at news pair or any pairs of high volatility and this can be done through looking at the market research on the forex.com website.
This strategy uses the bollinger bands paired with RSI to determine the possible entries and when these two conditions are met, one final condition will have to be met, which is the overstretched candle, and if these are all met then the entry is valid.
Now before placing an entry if you do decide to use this strategy please follow the steps below:
Recommended Time frame: 5 Minutes
If RSI is higher or equal to 75 -> Look for sells or enter a small position to test the burst of the candle
RSI > 75 and Overstretched -> Placing sells and if the candle builds up then you can have another position that can be greater than the previous if you want to take that risk (No more than 2 or 3)
Take Profit: 5-10 pips downwards
Stop Loss: 10 pips or higher
If RSI is lower or equal to 25 -> Look for buys or enter a small position to test the burst of the candle
RSI < 25 and Overstretched -> Placing buys and if the candle falls down then you can have another position that can be greater than the previous if you want to take that risk (No more than 2 or 3)
Take Profit: 5-10 pips upwards
Stop Loss: 10 pips or higher
Tip: For extra confirmation use the one minute time frame to your leverage, if both the 1 minute and the 5 minute has their RSI to the key levels then it will be a high probability trade!
Note: Do not trade high volatility news events
The time zone to trade in: London Open - New York Closing
The script also provides you with multiple interchangeable settings that can provide you a better picture of trades and reduce noise, however this is my first script so there will be errors that will be listed below!
The dashboard will show you current RSI value, current pair, current timezone, overall trend with the 100MA and the strategy trend with the bollinger band.
Known Bugs:
-Sometimes the signals won't print depending on the bollinger band upper or lower ring and this can be fixed by lowering RSI, changing RSI source output, changing the bollinger band settings etc.
-The print text is constantly recreated after every candle that meets the conditions (mostly appears on news event pairs) and this can be annoying to see and has a lot of noise - noise can be reduced through increasing RSI Source
-The timezone on the dashboard is constantly set to New York for some odd reason
Squeeze Momentum Signal Overlay [GN]Companion script for Squeeze Momentum Indicator that plots the signal on chart.
TopTenAlgo 10. SQZMOM_LSvwMA with Bar ColorEN: This Algorithm is a derivative of John Carter's "TTM Squeeze" volatility indicator. Many strategists have taken the indicator on Tradingview with simple moving averages and have looked at the biggest mistake only by dealing with squeeze and exit processes to squeeze. But I used the algorithm to determine where the markets would actually explode. For example, instead of using SMAs , I tested them on the Linear Regression Curve using Volume Weighted Moving Averages and Hull MAs. This gave me the opportunity to develop a more responsive algorithm and identify where the actual explosion would occur. The Gray Circles in the midline show that the market is entering a new jam (in the Bollinger Bands and Keltner Channel). This means low volatility , the market prepares itself for an explosive move (up or down). White Circles mean that it is about to get out of the jam. The Blue Circles, which no one can calculate, now inform that the exit is no longer jammed and that the explosion has taken place.
Mr. Carter recommends that you wait until the first gray after a gray cross and take a position in the momentum direction (for example, if the momentum value is above zero, relax). Exit position when the momentum changes (increase or decrease, this is indicated by a color change). In this algorithm, I tried to achieve good entry points using an additional indicator such as ADX and WaveTrend. To draw the histogram, I used a different method based on Linear Regression . Mr.Carter uses a simple momentum indicator .
In summary, this algorithm is a strict algorithm in which additional 4-5 indicators are blended. Conveniences for Everyone ...
This algorithm is prepared with @Top10Algo ...
TR: Bu Algoritma John Carter'ın "TTM Squeeze" volatilite göstergesinin bir türevidir. Bir çok stratejist Tradingview' de gösterge' yi basit hareketli ortalamalarla ele almış ve en büyük hatayı sadece sıkışma ve sıkışmadan çıkış süreçlerini ele alarak bakmışlardır. Fakat ben algoritmayı piyasaların asıl patlama yapacağı yeri tespit etmek için kullandım. Örneğin SMA' ları kullanmak yerine Hacim Ağırlıklı Hareketli Ortalamaları ve Hull MA' ları kullanarak onları Linerar Regresyon Eğrisinde stress testine tabi tuttum. Buda bana daha duyarlı bir algoritma geliştirmem ve asıl patlamanın olacağı yerleri tespit etmem için fırsat verdi. Orta hattaki Gri Daireler, piyasanın yeni bir sıkışmaya girdiğini gösteriyor ( Bollinger Bantları ve Keltner Kanalı'nda). Bu, düşük volatilite anlamına gelir, piyasa kendisini patlayıcı bir harekete hazırlar (yukarı veya aşağı). Beyaz Daireler ise sıkışmadan çıkmak üzere olduğu anlamına gelir. Hiç kimsenin hesap edemediği Mavi Daireler ise artık sıkışmadan çıkıldığını ve patlamanın gerçekleştiğini haber verir.
Mr.Carter, gri bir çarpı işaretinden sonra ilk griye kadar beklemenizi ve momentum yönünde bir pozisyon almanızı önerir (örneğin, momentum değeri sıfırın üstünde ise, rahat olun). Momentum değiştiğinde pozisyondan çıkın (artırma veya azaltma, bunu o bir renk değişikliği ile belirtilir). Bu algoritmada ben, ADX ve WaveTrend gibi ek bir gösterge kullanarak iyi giriş noktalarıelde etmeye çalıştım. Histogramı çizmek için ise Linear Regresyon tabanlı farklı bir yöntem kullandım. Mr.Carter basit bir momentum göstergesi kullanır.
Özetle bu algoritma ek 4-5 göstergenin harmanlandığı sıkı bir algoritmadır. Herkese Kolaylıklar dilerim...
Bu algoritma @Top10Algo ile beraber hazırlanmıştır... Kodlamadaki katkılarından ve yol göstericiliğinden dolayı teşekkürü bir borç bilirim.
TopTenAlgo 10. SQZMOM_LSvwMA with Bar Color (Not Based Volume)EN: This Algorithm is a derivative of John Carter's "TTM Squeeze" volatility indicator. Many strategists have taken the indicator on Tradingview with simple moving averages and have looked at the biggest mistake only by dealing with squeeze and exit processes to squeeze. But I used the algorithm to determine where the markets would actually explode. For example, instead of using SMAs , I tested them on the Linear Regression Curve using Volume Weighted Moving Averages and Hull MAs. This gave me the opportunity to develop a more responsive algorithm and identify where the actual explosion would occur. The Gray Circles in the midline show that the market is entering a new jam (in the Bollinger Bands and Keltner Channel). This means low volatility , the market prepares itself for an explosive move (up or down). White Circles mean that it is about to get out of the jam. The Blue Circles, which no one can calculate, now inform that the exit is no longer jammed and that the explosion has taken place.
Mr. Carter recommends that you wait until the first gray after a gray cross and take a position in the momentum direction (for example, if the momentum value is above zero, relax). Exit position when the momentum changes (increase or decrease, this is indicated by a color change). In this algorithm, I tried to achieve good entry points using an additional indicator such as ADX and WaveTrend. To draw the histogram, I used a different method based on Linear Regression . Mr.Carter uses a simple momentum indicator .
In summary, this algorithm is a strict algorithm in which additional 4-5 indicators are blended. Conveniences for Everyone ... (For Symbols that cannot be read on the Volume Indicator)
This algorithm is prepared with @Top10Algo ...
TR: Bu Algoritma John Carter'ın "TTM Squeeze" volatilite göstergesinin bir türevidir. Bir çok stratejist Tradingview' de gösterge' yi basit hareketli ortalamalarla ele almış ve en büyük hatayı sadece sıkışma ve sıkışmadan çıkış süreçlerini ele alarak bakmışlardır. Fakat ben algoritmayı piyasaların asıl patlama yapacağı yeri tespit etmek için kullandım. Örneğin SMA' ları kullanmak yerine Hacim Ağırlıklı Hareketli Ortalamaları ve Hull MA' ları kullanarak onları Linerar Regresyon Eğrisinde stress testine tabi tuttum. Buda bana daha duyarlı bir algoritma geliştirmem ve asıl patlamanın olacağı yerleri tespit etmem için fırsat verdi. Orta hattaki Gri Daireler, piyasanın yeni bir sıkışmaya girdiğini gösteriyor ( Bollinger Bantları ve Keltner Kanalı'nda). Bu, düşük volatilite anlamına gelir, piyasa kendisini patlayıcı bir harekete hazırlar (yukarı veya aşağı). Beyaz Daireler ise sıkışmadan çıkmak üzere olduğu anlamına gelir. Hiç kimsenin hesap edemediği Mavi Daireler ise artık sıkışmadan çıkıldığını ve patlamanın gerçekleştiğini haber verir.
Mr.Carter, gri bir çarpı işaretinden sonra ilk griye kadar beklemenizi ve momentum yönünde bir pozisyon almanızı önerir (örneğin, momentum değeri sıfırın üstünde ise, rahat olun). Momentum değiştiğinde pozisyondan çıkın (artırma veya azaltma, bunu o bir renk değişikliği ile belirtilir). Bu algoritmada ben, ADX ve WaveTrend gibi ek bir gösterge kullanarak iyi giriş noktalarıelde etmeye çalıştım. Histogramı çizmek için ise Linear Regresyon tabanlı farklı bir yöntem kullandım. Mr.Carter basit bir momentum göstergesi kullanır.
Özetle bu algoritma ek 4-5 göstergenin harmanlandığı sıkı bir algoritmadır. Herkese Kolaylıklar dilerim... (Hacim Göstergesi okunamayan Semboller için)
Bu algoritma @Top10Algo ile beraber hazırlanmıştır...
RSI + Kijun/Standard Deviation on RSIThe script is inspired by Bollinger bands but instead of applying them on the price, they are applied on a RSI oscillator. The standard deviation is not plotted against the average like in normal BBs but instead is based on median values (equivalent of a Kijun in Ichimoku ). The goal is to better identify excess in prices that offer good entering points. The usage of a median provides a clearer view of ranging market (ie. the line will be flat).
I use it for long-term investments on stocks to find "fair" entry points. After picking a list of stocks of interest based on fundamentals, I switch to a weekly view. If the stock RSI is under the bands, it indicates that we are in favorable conditions for a buy. For an accurate timing, you can switch to the daily chart and watch out for either a break or a reintegration in the bands. This is your signal.
RSIPRO TrendIndicatorThis RSIPRO indicator is based on RSI , BB and EMA and it has LONG/SHORT alerts for signals
In script settings you can specify:
1) Dispertion value, 0.15 by default. Dispertion around bolinger bands with RSI as source signal.
2) Use smoothing option and smooth factor value (3 by default). It smoothes RSI with moving average filter.
3) Enable/Disable filter to show signals only after RSI overbought/oversell zones
Disabled by defaults and RSI is 65 for upper zone and 35 for lower zone.
You can also specify how many bars back before current bar this filter must do. It's 10 by default, you can vary it up to 90.
Best fits for 4H timeframe. Also good for 15min scalping strategy. Fits for any crypto coins, forex, metals, oil and bonds.
This is invite only script. PM me if you want to test it.
Volume weighted KAMA bands with SignalsOverview
KAMA : Kaufmann's Adaptive moving Average if used correctly can help us get good signals to start working on,
This indicator uses 4 different kamas and Vwap for Average weighting
The Average Weight is calulated by
AverageWeight =( VWAP+ Kama1+ Kama2 + Kama3 + Kama4)/5
After the Average Weights are calculated Standard Deviation Bands of 2sigma and a lookback period is Plotted around the Average Weights
Then with the help of a signal generator Rate of change signals are calculated and plotted as Arrows (green and red)
The script comes with Alerts for Long and Short Signals
The yellow boxes you see are the points of standard deviation compressions in the bands
How to use
Use it as a screener, for Long short signals by creating alerts around different securities as you like
Which Timeframe it works
It will work over any timeframe
How to get access
Just add the script to favorites and start using it on your charts (apply it by going to the favorites section when you click Fx icon for indicators)
Thanks to tradingview for providing such an awesome platform
rocketLaunchI wanted to see if I could programmatically identify the conditions I saw just before Bitcoin broke its all-time high end of 2020. The signal picks up several rocket launch moments prior to launching which is quite cool. It also picks up a few false starts, however. In any case, I would have loved to be stopped out on those false starts but been there for all the starts this thing picks up.
It could probably use more confirmatory elements such as trailing conditions and volume perhaps?
BINANCE:BTCUSDTPERP
Bollinger Bands Fibonacci Ratio Standard Deviation LINESHello Traders.
in this script, Bollinger bands are made based on a standard deviation with respect to Fibonacci ratios. I hope you can be satisfied. If you are satisfied with this script, please like and feel free to share your comments with me.
Teal Upper and Lower B-Bands = 1.0 Standard Deviation
Aqua Upper and Lower B-Bands = 1.618 Standard Deviation
Orange Upper and Lower B-Bands = 2.618 Standard Deviation
Red Upper and Lower B-Bands = 3.618 Standard Deviation
Purple Upper and Lower B-Bands = 4.236 Standard Deviation
you can use this indicator by clicking the button (Add to Favorite Scripts) and then add it to your chart from (Fx) section.
CryptoBreakers MTF Sqz StrategyThis is a Multi Time Frame squeeze strategy that has been consistently catching large BTC and ETH moves.
It's building up on the basic squeeze play of both the upper and lower Bollinger Bands going inside the Keltner Channel
and in one indicator quickly seeing when both Bollinger Bands start to come out of the Keltner channel and positioning us
for the large move that is about to take place.
Before I explain the rules for the winning strategy, let's cover the basics on the indicator.
1. When both the upper and lower Bollinger Bands go inside the Keltner Channel, a compression is in place, and the squeeze is on. This is reflected on the indicator as colored dots.
2. The indicator covers 5min, 10min, 15min, 30min, 39min, 78min, 195min, 1hr, 2hr, 4hr, 1 day, 1 week, and 1 month timeframes for squeezes.
Your chart needs to be set to the lowest time frame resolution of 5min in order for the indicator to show squeezes in all higher timeframe resolutions.
So whatever your chart resolution is, the indicator will show the squeezes in that timeframe and above correctly.
3. ORANGE dots indicate high level of compression. RED dots indicate medium level of compression. BLACK dots indicate low level of compression and the GREEN dots indicate no compression.
4. Generally, higher the level of compression and the longer duration of the squeeze, the more explosive the move expected. With this one indicator I was able to consistently catch 500 plus
point moves in BTC and 30-50 point moves in ETH.
Let's review the rules of the strategy:
1. For the ideal set up, we look for two lower timeframe resolutions (preferably 30 and 39 minutes OR 39 minutes and 78 minutes) to be in squeeze for at least 6 dots and at the sametime we
need to see one or two higher timeframe resolutions in squeeze (195 minutes and 1 day OR 1 day and 1 week resolutions)
2. Determine the direction of the trend in the higher time frames (bullish and bearish). We look for stacked up or down EMAs of 8, 21, 34, 55 and 84 on a daily and/or weekly chart.
3. For entry, wait for the lower timeframe squeeze to fire meaning look for the first green dot after the black, red, or orange dots (minimum six in total).
For example the 30 min row shows the first green dot after the sequence of squeeze dots and the direction of the price movement (up or down) at that green dot bar aligns with the direction of the price movement in the higher timeframe chart.
4. Once the lower timeframe squeezes fire, we follow the move to continuation of the firing of the higher timeframe squeezes.
5. Our exit will be at the price point of 6-9 green dots after the higher timeframe squeeze fired in the same direction as the lower timeframe.
I created this to make it easier to see the set up on any stock and crypto chart. It has been working consistently on BTC and ETH price action. I have not seen anything on TV that cover multi time frame squeeze play in a very simple and clean way.
This makes it very easy to see the set up with one indicator. I'm using this with my trading group.
If you would like to get access, please feel free to DM me at @CryptoBreakers
ATR PercentageThis indicator plots ATR as percentage of close price. Also applying bollinger bands on it to visualize it is relatively high or low.
