Bricklayer's Volatility Meter will calculate Bollinger Bands Width up to 20 different lengths between lowest and highest input. • If it is increasing, the brick will be green. • If it is decreasing, the brick will be red. The idea is that if volatility is decreasing across an increasing number of periods, the market will be ready for different strategies than...
What is the OGT Bollinger Bandwidth Indicator? The Bollinger Bands indicator is one of the most popular technical trading indicators. One of the applications of the Bollinger Bands indicator is when an instrument is in a state of low/high volatility. The OGT Bollinger Bandwidth Indicator measures the percentage distance between the upper and lower Bollinger...
Initial capital 1000 USD Order size 10% Commission 0.3% with slippage Timeframe 4h This is Simple Bollinger Band Trend find out strategy. I'm using the usual trailing offset as an exit for this strategy. using 1x leverage to go long short within 3years backtest result more then 200% for all usd pair. in next version i will try to find out more optimize...
Hello, dear friends. This script can be used for various strategies. Whether it's a scalp like now or more positional purchases. To determine the minimum and maximum, SAR ,resistance points, support points+HMA+ Bollinger channel are used. The entry occurs when the SAR intersects with the HMA , if it is above or below the support/ resistance levels. In the settings...
This script was written for release to my followers in tandem with a video idea on how to use it. The script draws a line on a lower chart to display the Bollinger Bands Width. The default bars counted for this is 20. The script then draws and upper and lower Donchian line that moves with the highest high and lowest low of Bollinger Bands Width. The default...
This script measures the (default 20) Bollinger Band Width and draws a line. When the Bollinger Band compresses the indicator goes down and when it expands the indicator goes up. When the Bollinger Band Width compresses and expands to the lowest or highest degree for the last number of bars (default 200) it moves the Donchian lines to indicate the lowest and...
First published script. Actually, this is my 1st script ever! I know its not flashy or anything, but I finally decided to try learning some pine... and to try and get rid of the dang 0 on my profile, haha. So here are the results after many hours. I like using the BB Width indicator, and I wanted it to change color based on whether is was rising or falling. I...
This code is based on Smoothed HA candle which will work on all chart types condition for BUY: 1. When close crosses Smoothed HA 2.Close should be in side upper band 3.BBW must be greater than the average vice versa for sell this code takes data from HA chart so that it can be applied on all chart type. Bollinger band and Bollinger band width conditions added...
Bollinger Bands Pro: Hawk Eye / is a professional version of the Bollinger Band Indicator that uses two bands instead of one. This is the second band I call the upper and lower middle band. Sometimes you see that the candles are rejected from parts of the band and you do not know the real reason. The real reason is the middle band, which is a secret line that we...
™TradeChartist Simple Bollinger Bands Toolkit is a useful set of Bollinger Bands based utilities, which includes 0 mean %B Oscillator , price volatility based BB Width , actual Bollinger Bands and BB Breakout Signals . =================================================================================================================== ™TradeChartist Simple...
This imple script converts your chosen chart price and outputs it as a percentage in relation to the Vix percentage. If price (Blue line) is higher than 0.60 and vix (Red Line) is lower than 0. 40 then there is lower volatility and this is good for buying. If price (Blue line) is lower than 0. 40 and vix (Red Line) is higher than 0.60 then there is higher...
™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗥𝗶𝘀𝗸 𝗠𝗲𝘁𝗲𝗿 is a very useful and a well designed indicator, that packs a range of Risk utility tools including Trend Based Stochastic Oscillator, Bollinger Bands %B , Volatility Risk Oscillator, RSI Oscillator and RSI Risk Oscillator, along with further visual risk assessment tools like Divergence Spotter, Trend based Strength detector among other...
Level: 2 Background Bollinger bands are a type of price envelope developed by John Bollinger , where price envelopes define upper and lower price ranges. Bollinger Bands are envelopes that are represented with a standard deviation above and below a simple moving average of price. Because the spacing of the bands is based on the standard deviation, they adjust...
Referred to the book "Bollinger on Bollinger Bands" The best use of BB is to wait for squezze and breakout to capture the start of the trend. Here the signal and target profit. 1. Long Signal when the close crosses above the upper BB and the Bandwidth of current bar exceeds 1.25 times of the previous bar (Volatility expands). : Green Triangle Up 2. Short Signal...
This study combines Bollinger Bands, one of the most popular technical analysis indicators on the market, and Directional Movement (DMI), which is another quite valuable technical analysis indicator. Bollinger Bands used in conjunction with Directional Movement (DMI) may help getting a better understanding of the ever changing landscape of the market and...
This script highlights the indicator background when the Bollinger Bands are breached making it easier to spot them. Good for strategies that rely on Bollinger Band breaches Note: Clean version
This indicator ads option to compare BandWidth accross time. John Bollinger says he uses 125 period.