Inizia

Bande e canali

[Floride] 4 Layers of Bollinger Shadow This is the indicator I named 4LBS. That means four layers of bollinger shadow. This is an indicator that I made to see how far past prices could affect the future prices. And I found some very interesting and beautiful things about it, and I wanted to share them with you, so I publish this indicator. *-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*- Hello, nice to meet you all. my name as a trader is Floride. First of all, I am not good at English, so there may be many grammatically incorrect sentences below. I ask for your understanding in advance. Thanks for your understanding. *-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*- What is it? bollinger Bands usually has one moving average line. And there's two bands that uses same period value of standard deviation as the former MA. And this indicator, by the way, has a 4 shadow bands that uses twice,three,four,five time the value of the MA's period. Appearance - This indicator has four layers, and there are also other layers between them. You can turn on or off all the shadow layers. Uses of Indicator and Examples examples of actual use 1. market strongness diagnosis -It seems all layers of shadow has some degree resist/support forces. This indicator has the 4th layer - "L4". (indicated by red lines). I saw emergence of volatility quite frequently when this last layer breaks through. When price breaks through this area or line, shade appear on the L4 layer in red. and red cross appear on the that point. This is I called Marlin signal. If you saw red color shadow in this indicator, then the market may have quite high volatility. (of course, there's not 100%. Please be careful about this.) But I've also checked in quite several markets. when this volatility emerges, then also that market seems to started to building quite directional power afterwards. I mean, after the marlin signal, market tends to have bigger volatility, and tends to go one direction. again, it's not 100%. but probability is quite high. But maybe depending on the type of market you need some adjustment. Recommended values are M2-1.618, M3-2.618 Or M2-1, M3-2. default value is M2-1.618, M3-2.618 and also, if prices breakthrough the channels, or layers, It tends to break through the at once, in first bar. In other words, if price don't break through the first or second candle, it's very likely that the price won't break through channel for the time being. 2. market weakness diagnosis Usually, without external momentum, the price converges to the average value and does not deviate from the band. And if price fails to break through the most inner first layer-"L1 - the green channel", In that case, the market is usually assumed to be weak, or has low volatility. - you can set alarms on tuna, marlin signal. and you don't have to watch chart all the time. 3. Signals I put two signals in this indicator. One has the name "Tuna," and the second has the name "Marlin." As you can already tell from the name's feeling, tuna is a weaker signal and marlin is a stronger signal. Actual example of a signal 1. Tuna signal - When the tuna signal appears, you can guess that the current market is generally not weak. or has quite good directional force. or medium volatility. Below is important. - If a tuna signal appears, there is a possibility that a marlin will appear later. - In my opinion, it might be wise not to have a position without a tuna signal. - Almost all of the marlin signal appeared shortly after the tuna signal appeared. 2. Marlin signal - When marlin signal appears, with a high probability, volatility can increase large. - In the backtesting of the stock, in some cases, the market moved quite frequently in the direction of the marlin signal. - The emergence of marlin can be seen as a pretty strong indication of the emergences of direction.
Indicatore Pine Script™
di Minerva11
6
Channel SurfingThis is my Channel Surfing indicator. It fires Buy and Sell signals based on multiple conditions. You can use EMAs or LSMAs. You will have to check the box of which moving averages to use once you add it to the chart. It plots EMAs or LSMAs using the different sources Close, Low, and High as the channel to surf. It fires a Buy signal if price crosses the channel up and if there is a pullback into the channel followed by a breakout to the upside. It fires a Sell signal if price crosses the channel down and if there is a pullback into the channel followed buy a breakdown to the down side. I find it works great on the 5 minute SPY chart and the 1 minute chart of ES with the default settings when scalping. You are able to switch between 2 different channels using LSMAs or EMAs. The EMAs has an optional LSMA slope filter for getting rid of some false signals. Let me know if you guys find any other settings or ways to use this and as always I hope it helps.
Indicatore Pine Script™
di barrettdenning
2
Bollinger Bands Width and Bollinger Bands %BThis script shows both the Bollinger Band Width(BBW) and %B on the same indicator window. Both the BBW and %B are introduced by John Bollinger(creator of Bollinger Bands) in 2010. Default Parameter values: Length = 20, Source = Close, Mult = 2 Bollinger Bands Width (BBW): Color = (Default: Green ) - I consider stocks with "BBW >= 4" are at a volatile state and ready for price contraction, but this depends on the parameter values of your choice. Bollinger Bands %B (%B): Color = (Default: Blue ) 1. %B Above 10 = Price is Above the Upper Band 2. %B Equal to 10 = Price is at the Upper Band 3. %B Above 5 = Price is Above the Middle Line 4. %B Below 5 = Price is Below the Middle Line 5. %B Equal to 0 = Price is at the Lower Band 6. %B Below 0 = Price is Below the Lower Band
Indicatore Pine Script™
di polarbearking
MTF MA Ribbon and Bands + BB, Gaussian F. and R. VWAP with StDev█ Multi Timeframe Moving Average Ribbon and Bands + Bollinger Bands, Gaussian Filter and Rolling Volume Weighted Average Price with Standard Deviation Bands Up to 9 moving averages can be independently applied. The length , type and timeframe of each moving average are configurable . The lines, colors and background fill are customizable too. This script can also display: Moving Average Bands Bollinger Bands Gaussian Filter Rolling VWAP and Standard Deviation Bands Types of Moving Averages: Simple Moving Average (SMA) Exponential Moving Average (EMA) Smoothed Moving Average (SMMA) Weighted Moving Average (WMA) Volume Weighted Moving Average (VWMA) Least Squares Moving Average (LSMA) Hull Moving Average (HMA) Arnaud Legoux Moving Average (ALMA) █ Moving Average Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. █ Bollinger Bands Bollinger Bands consist of a band of three lines which are plotted in relation to security prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (the type of trend line and period can be changed by the trader, a 20 day moving average is by far the most popular). The SMA then serves as a base for the Upper and Lower Bands which are used as a way to measure volatility by observing the relationship between the Bands and price. █ Gaussian Filter Gaussian filter can be used for smoothing. It rejects high frequencies (fast movements) better than an EMA and has lower lag. A Gaussian filter is one whose transfer response is described by the familiar Gaussian bell-shaped curve. In the case of low-pass filters, only the upper half of the curve describes the filter. The use of gaussian filters is a move toward achieving the dual goal of reducing lag and reducing the lag of high-frequency components relative to the lag of lower-frequency components. █ Rolling VWAP The typical VWAP is designed to be used on intraday charts, as it resets at the beginning of the day. Such VWAPs cannot be used on daily, weekly or monthly charts. Instead, this rolling VWAP uses a time period that automatically adjusts to the chart's timeframe. You can thus use the rolling VWAP on any chart that includes ​volume information in its data feed. Because the rolling VWAP uses a moving window, it does not exhibit the jumpiness of VWAP plots that reset. Made with the help from scripts of: adam24x, VishvaP, loxx and pmk07.
Indicatore Pine Script™
di Yatagarasu_
3