This is Bollinger Band built on top of Zigzags instead of regular price + something more. Indicator presents 7 lines and cloud around it. This can be used to visualize how low or high price is with respect to its past movement. Middle line is moving average of last N zigzag pivots Lines adjacent to moving average are also moving averages. But, they are...
Hello everyone, With help of open source WD gann codes, i combined this study with Bollinger band with entry & exit conditions. For stock Selection you way chose fixed stock list . These levels has been derived from daily WD GANN Astro Levels. === Rules === Long Entry Condition : Price must be above resistance line with Bollinger band blast will be the best entry...
Ich möchte euch einen Market Session Indicator für vorstellen. Dieser moderne Indikator zeigt zukünftige Sessions, viele EMA Level, Tages und Weekly durchschnittliche Ranges sowie die aktuelle Priceaction der Candle an. Welche Art von Problem löst der Indikator? Dieser spezielle Indikator zeigt die Handelssitzungen automatisch als Rechtecke auf dem Chart eines...
🐢 Tawtis' Stochastic Weighted Relative Strength Index , aka SWRSI This indicator combines the Stochastic RSI and the classic RSI we all know and love to create a more effective indication of seller/buyer dominance, and in turn, trend. I have named it the "Stochastic Weighted RSI". The script also includes a standard RSI, so you can use both at the same...
This script helps you evaluate the fair value of an option. It poses the question "if I bought or sold an option under these circumstances in the past, would it have expired in the money, or worthless? What would be its expected value, at expiration, if I opened a position at N standard deviations, given the volatility forecast, with M days to expiration at the...
This Indicator displays the two different Averange Percentage Range (APR) and the Percentage Range of the current bar. If the long term APR is over the short term it indicates a lower volatility otherwise a higher. You can set the calculation method, rising for (highest/lowest-1)*-100 or falling for (lowest/highest-1)*-100.
Hello traders, I would like to introduce you Bollinger bands volume support&resistance multi timeframe script. The benchmark is the Upper Bollinger Band applied on volume with a look-back setting of 233 and a displacement of 3 standard deviations. (There’s nothing magical about the setting of 233, but you should use a long-term parameter so that you get a stable...
USAGE 1. Select the type of contract (call or put), the long strike, and the width. 2. Select the volatility model 3. The standard deviation is shown, enter it into the input. The tool gives a theoretical price of a vertical spread, based on a historical sample. The test assumes that a spread of equal width was sold on every prior trading day at the given...
A measure of the RSI percentage change from the previous bar. This can be inserted into any script. The number of bars back can be changed from to chosen length. It can be applied to a variety of indicators other than RSI. This will now be incorporated into to my other scripts. Mozz7
This indicator helps traders to identify low volatility areas by using the "Bollinger Bands Squeeze" method. The idea is to look for the lowest values in the Bollinger bands width to judge the lowest volatility readings. By default the squeeze period is 125, as suggested by John Bollinger. The indicator is a variation on the BB Squeeze indicator by @danarm. It...
Bollinger Bands have been used for many years to determine the volatility and potential reversal area of markets. This script takes standard Bollinger Bands (BB) and transforms it into a heatmap of reversal areas. A basic explanation on how this indicator works is: - Yellow is where the price likes to stay, - Orange is where the price might begin to...
This is a table addon that calculates in real-time the success rate of my indicator. The script has 4 cells that are located in a table top and center of the chart. Top Left measures the success of oversold + high volume signals, top right is overbought + high volume signals. Bottom left measures oversold reversal signals and bottom right measures overbought...
Found this strategy in babypips forums.babypips.com This strategy using BB and MA BBMA Oma Ally Trading Technique I’m just sharing this Forex Technique that helping me making positive result. In BBMA, BB (Bollinger Bands) act as Dynamic Support and Resistance. SETTING OF BBMA - BOLLINGER BANDS Period : 20 Deviations : 2 Shift : 0 Apply to : Close Style : Dodge...
Sideways detection indicator using Bollinger bands . In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend. If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or...
This is a trend system which combines multiple fast EMA + mulitple slower SMA together with bollinger band channel and PSAR. For entry rules the ones that I use are: Long We are inside BB channel, psar is ascending, and our close is above all moving averages or below all EMA'S + 1 SMA WE can exit either when our close is below all EMA's or when PSAR is...
Hello. MBY_LAB. Finally, I am happy to introduce this strategy. The APOLO strategy uses the volume factor to estimate the fair price of a stock. A buy/sell signal is calculated based on the “fair price” of a stock as defined by APOLO. this indicator is a momentum indicator , and it can be said to be a non-trend following indicator. The blue line that outputs...
This script shows the Squeeze firing event, after the Bollinger Bands have been inside Keltner Channels, indicating possible short term trend of price action. Based on Bollinger Bands & Keltner Channels scripts in the Pine scripts library. Bollinger Bands are a type of statistical chart characterizing the prices and volatility over time of a financial instrument...
This indicator is based on the Volatility Quality Index ( VQI ) by Thomas Stridsman. It shows the slope of the VQI in form of a histogram. The VQI is calculated in the following Steps: 1. Applying a WeightedMovingAverage with the onto the low, open, high, close and prior close 2. Calculating the true range and the range from the results of step 1 and setting...