[kai]Keltner&BolingerIt is an indicator that simultaneously displays the Bollinger Bands (BB) and Keltner Channel (KC) calculated for the log scale.
* If you need the normal scale version, please turn off the log mode in the settings.
I think the usage is the same as normal BB and KC.
From here, it ’s an original way of thinking.
I thought about countermeasures for the phenomenon that the BB contracts (squeezes) and breaks, but for some reason it suddenly reverses and breaks greatly in the opposite direction or ends in misfire.
The main part of this Inge is KC, and I think that the range within KC is the range.
Considering that the bar broke above and below the range of KC and broke, the trend market started.
BB fits in KC and judges that the trend is game over
If it is within KC, it is contrarian at the upper and lower limits of KC.
If it breaks, Trend following
Profit if BB fits in KC
I'm thinking about how to use it
ログスケール用にログ計算したボリンジャーバンド（BB）とケルトナーチャンネル（KC）を同時に表示するインジケーターです
※通常スケール版が必要な時は設定のlog modeをOFFにしてください
使い方は普通のBBとKCとおなじで使用方法で良いと思います
ここからはオリジナルな使い方の考え方です
BBが収縮（スクイーズ）してブレイクしたのに何故か突然反転して反対の方に大きくブレイクしたり、不発に終わったりする現象の対策を考えました
このインジのメインはKCでKCの範囲内はレンジと考えます
KCの範囲外にバーが上抜け、下抜けして、ブレイクしたと考え、トレンド相場スタートとします
BBがKCの中に納まってトレンド終了と判定します
KC内の場合はKCの上限、下限で逆張り
ブレイクした場合は順張り
BBがKCの中に納まったら利確
という感じの使い方を考えています
רצועות בולינג'ר (BB)
RSI Divergences + Bollinger Bands█ OVERVIEW
Here's the RSI divergences with Bollingers bands.
█ CONCEPTS
5 features
1 — RSI
2 — Bollinger bands
3 — RSI signal is in another color when above 70 or below 30
4 — Looking for previous Divergences, Bullish, Bearish and Hidden Bullish and Bearish but I don't like Hidden divergences
5 — Color fill when overbuy or oversold
█ OTHER SECTIONS
I like to see it like a moutain, with snow on top and lake on bottom. I think you don't want to start walking at the top, nor sink to the bottom of the lake for ever and ever.
It is an idea of sjoerd , tip him if you like it.
An oscillator is good to know where we are in the trends, but it's not enough to run a small business of trading, you need to learn how to use it.
What is a divergence ?
Thanks to The rational investor for teaching me how to use this indicator.
Daily EMA50 100 200 + BBStandard Bollinger Bands (timeframe dependent), period and standard deviation are configurable.
And standard daily triple EMA (timeframe independent). Short, Medium and Long periods are configurable (50/100/200 by default)
CRC.i Bollinger Bands ®This script is yet another variant of the famous Bollinger Bands® TA tool used to track price volatility as it deviates from the mean of a security using standard deviations (positive &negative). Built for my own personal preferences. But perhaps you might like it, too.
Includes
+ Chart Lines: price, upper and lower bands
+ User Options: SMA length, stdev value
+ Heads up Display (HUD) with TARGET's and other related stats
Bugs? Comments? Requests? Ping me @calmrat
T3 + BB
TRES EMAS + BANDAS DE BOLLINGER
INDICADOR 1: TRES EMAS (MEDIA MOVIL EXPONENCIAL)
Con este indicador puede visualizar el promedio de precios con mayor peso a los datos mas recientes.
Se calculan y dibujan tres medias móviles exponenciales: 4, 20 y 200 últimas velas.
-Rápida EMA1 = 4, paso = 1
-Media EMA2 = 20, paso = 2
-Lenta EMA 3 = 200, paso = 10
INDICADOR 2: BANDAS DE BOLLINGER
Con este indicador podrá ver la fuerza y la tendencia del mercado, es decir la mide la volatilidad del precio del activo.
Si el precio sobrepasa la banda superior, el activo está sobrecomprado.
Si el precio sobrepasa la banda inferior, el activo está sobrevendido.
Longitud tendencia - BASE = 20, paso = 1
Desviación Estándar - Multiplicador = 2, paso = 0.2
Estos 2 indicadores sirven para todo tipo de activos: FOREX, CRIPTO, CFD´s, ETC.
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THREE EMAS + BOLLINGER BANDS
INDICATOR 1: THREE EMAS (EXPONENTIAL MOVING AVERAGE)
With this indicator you can visualize the average of prices with greater weight to the most recent data.
Three exponential moving averages are calculated and drawn: 4, 20 and 200 last candles.
-Fast EMA1 = 4, step = 1
-Average EMA2 = 20, step = 2
-Slow EMA 3 = 200, step = 10
INDICATOR 2: BOLLINGER BANDS
With this indicator you can see the strength and trend of the market, that is, it is measured by the volatility of the asset price.
If the price goes above the upper band, the asset is overbought.
If the price goes above the lower band, the asset is oversold.
Trend length - BASE = 20, step = 1
Standard Deviation - Multiplier = 2, step = 0.2
These 2 indicators are used for all types of assets: FOREX, CRYPT, CFD's, ETC.
6X Bollinger Bands + MA + VWAP Dingue V56X Bollinger Bands Dingue V5 - This is the updated version for Pine Script 5
This indicator lets you quickly see all the intricacies of the Bollinger Bands; it simplifies its usage and maximizes the results.
Color-coded if the price is above or under the middle and based on direction.
Color-coded for expansion and contraction of the bands.
Option to plot ‘Squeezed bands’. It will show above the bands when they become smaller than the setting chosen. This helps identify build-up that might explode one way or another.
- 6x independent Bands can be adjusted as you want. It gives you possibilities in how you see variance, trends, support and resistance.
You can also select the MA type: SMA EMA WMA VWAM FRAMA … to explore new ways to see the Bollinger bands.
New in this version, you can now add a separate ‘Long MA’ that you can select independently from the Bands. Ex. Plot 200 SMA This helps in building a strategy with the trend and the bands.
Like the MA above, you can also plot 2 different VWAP independently from the Bands. This also helps knowing where the price stands compared to the bigger time frame VWAP’s price.
'Tool tips' explain other settings, if you have any questions, feel free to ask in the comments below.
Thank you for the feedback and check all my ‘Dingue’ indicators.
EMA/MA Cross + BB + Alerts Short hand notes - I made this for friend and I. Unsure how to share it with him so made it public.
u/ tmyerskerry for the math on slope and look back period (look back period isn't perfect for slope calculation as 200ma is slow moving so some signals are goign to be strong instead of weak and visa versa. If you know a better way than i'm all ears!
Can set mutliple EMA's and MA's.
Default BB built in. Couldn't figure out how to set default shadow transparency so you will have to turn it down.
Added red and green lines that indicate when price has gone above and below the BB shadow.
Added arrows for when EMA1 crosses EMA2. Right now set for 9 + 32. And depending on MA200 color changes if its with the trend or against.
Alerts in the works. (please don't ask for them as i'm doing this part time and don't know pinescript)
RedK Smooth And Lazy Moving Average (SALMA)Here's a quick and simple script that produces yet another Smooth and Lazy Moving Average - SALMA - that helps hide noise caused by extreme price fluctuations to enable better trend visualization and tracking
Concept:
===========
SALMA is based on a simple concept - we calculate a standard deviation channel of a user-selected width - then correct the price value so that it is restricted within the boundaries of the SD channel - effectively adjusting against high-volatility, sudden price moves - which acts as a pre-smoothing of the price values - then we calculate our moving average and apply extra smoothing as needed.
Since only "persistent" price moves will have an effect on the direction of this MA, it will be suitable to use as an additional trend guide with other indicators, and to consider only long positions when the price is above the SALMA, and short positions only when the price is below
Notes:
========
- for the time being, i'm using Weighted Moving Average (WMA) for the calculation of the base price MA and the SD channel - we can add other MA types as options in a future versions based on feedback
- will add alerts in a future update
- SALMA can be used with any timeframe. can also be set to a higher timeframe against a lower timeframe chart
i have also added couple of standard moving average lines (choose between SMA, EMA and WMA) of selectable lengths - to enable utilizing this in a Moving Average cross-over setup - or to simply monitor other common MA's that other traders are using.
here's how the settings look like when you add SALMA to your chart
Please feel free to play around with SALMA and share feedback :)
Volatility Funnel v2Using the contracting phase of what are basically bollinger bands and some fancy coloring, this indicator draws funnels to which show tightening ranges and doesn't take up too much screen space unless you want it to.
There is a smoothing option if you're into that.
Enjoy!!!
Chimpanzee V2.5 part A by joylay83Hi everyone, I am an amateur pinecoder. I would like to share my script which is coded with the intention of generating signals to send to 3commas webhook. It is still in development and revision.
This collection of indicators use:
Chart: 15m.
Inverse Fisher Transformation of the RSI to detect dips in the 15m timeframe.
Bollinger band (4H) to filter out false signals.
Triple EMA 21: to mimic price action for easier coding alerts. Currently not involved in generating signals. will be incorporated in the future.
StochRSI: As a visual filter. Currently not involved in generating signals. will be incorporated in the future.
Background will be green if stochRSI is low and red if stockRSI is high.
Candlesticks will be marked with a flag is TEMA breached BB.
One would need to play around with timeframes, BB settings and IFTRSI threshold for different signals.
There are 2 Signal Modes (with regards to IFTRSI):
Threshold: When price action falls below BB and IFTRSI hits buy threshold, a buy/sell signal is generated. Eg if IFTRSI buy threshold is set to -0.9, the buy signal will remain continuously positive as long as IFTRSI is < 0.9.
Cross: When price action falls below BB and IFTRSI hits threshold, nothing happens. It will wait until the IFTRSI cross back over the threshold before firing a signal.
There is another identical set of indicators running on a higher time frame (IFTRSI: 4H, BB: D or 3D, TEMA 21 4H) but on the same chart. This tend to generate less signals but are more reliable. A usage example would be to send a larger buy order if the signal comes from this higher time frame, or execute a sell order after multiple buys from the lower time frame.
It comes in 2 parts:
Part A: Contains overlay display. This displays BB, Triple EMA, buy/sell and StochRSI in labels. the labels are self explanatory.
Part B (please search for it): which is actually the same code but contain non-overlay display. You may also put part B overlay=true but scale to LEFT. The advantage of using overlay=true is that you can move the signal right over the candlesticks (mainly for troubleshooting/debugging). This part contains Inverse Fisher RSI, %B, Signal Line. %B is supposedly idential to Bollinger Bands in Part A.
By default, when there is a buy/sell signal:
lower time frame 15m: Signal Line in Part B will turn blue with a value 1 or -1 which corresponds to a buy or sell label in Part A
higher time frame 4H: Signal Line in Part B will turn red with a value 2 or -2 which corresponds to a HTF buy or sell label in Part A
Part A or B may be used to send signal to the webhook. You have to make sure that the settings of Part A and B are identical.
You may choose to un-display some items to reduce clutter.
Current problems:
1. Still too many buy signals
Although many times it will generate excellent buy signal at many swing lows, but there are many buy signals prior to a major swing low. This can be observed in the picture above. It also generate a couple of buy signals prior to the swing lows. I am currently experimenting with 20m and hourly timeframe to address this issue. More filters are needed eg an oscillator or detecting candlestick patterns.
2. Premature sell signals.
The sell signal is often generated at the beginning of a major bull run. My idea to solve this problem is to move to a higher timeframe and sell only when TEMA crossunder the upper bollinger band.
3. Lack of a backtester that can test multiple concurrent deals.
Buy -> Buy (average down) -> Buy (average down) -> Buy (average down) -> Sell
4. Lack of the ability to calculate average purchase price
Probably have to code it as a strategy
5. Display lag
As the browser is running 2 copies of the idential script, it tends to lag when you drag your chart around. So far there are no timeouts or delay in firing alerts to 3commas.
I do welcome any suggestion for improvement and constructive criticism. tqvm.
Credits : Thank you for doing an awesome job. I learnt a lot from your codes and tutorials.
Credits not listed in any order. If your code is used here and did not receive due credit, kindly drop me a note. tq.
Blessing 3 by JTA Today
@ZenAndTheArtOfTrading (extremely-easy-to-understand tutorials eg fixing repainting)
@LazyBear (various codes)
@Galactus-B Argo I
@TheTradingParrot (Inverse Fisher RSI and Gavin's backtester)
@zendog123 (backtester and various codes)
@ydeniz2000 (Bollinger Bands)
TradingView built-in scripts
Creentrend Pressure SignalsThe hull moving average is my favorite moving average, as well as slower (55ma Bollinger Bands dev@(1.618)) is my favorite standard deviation indicator. Lets combine the two to evaluate overbought, oversold, and pressure.
Use for all time frames- I PREFER daily.
Bollinger band MA at 55
Hull ma at 55
The Hull is more reactive and faster than any band on the BB (both at 55)
When HULL closes BELOW LOWER BAND- it will print a buy signal, remember- over sold and overbought in VOLATILITY could be dangerous on low time frames, as swift moves typically have short term reversals but return to the main trend eventually, this is why i reccomend daily candles.
When PRICE closes ABOVE UPPER BOLLINGER BAND- it will print a green ^ signal under candle indicating upward pressure.
When HULL closes ABOVE UPPER BOLLINGER BAND- it will print a red resistance line. Complex tops happen a lot with bitcoin so take a 1-5% stop above it if shorting.
bb_ema_hamedtarkib bb and ema hasttarkib bb and ema hast
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tarkib bb and ema hast
tarkib bb and ema hast
tarkib bb and ema hast
tarkib bb and ema hast
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Bollinger Bands with Ema and Two DeviationBollinger Bands with Ema calculation. Based on high and low valus of candle. Also can be used two deviation for both upper and lower bands.
K's Volatility BandsVolatility bands come in all shapes and forms contrary to what is believed. Bollinger bands remain the principal indicator in the volatility bands family. K's Volatility bands is an attempt at optimizing the original bands. Below is the method of calculation:
* We must first start by calculating a rolling measure based on the average between the highest high and the lowest low in the last specified lookback window. This will give us a type of moving average that tracks the market price. The specificity here is that when the market does not make higher highs nor lower lows, the line will be flat. A flat line can also be thought of as a magnet of the price as the ranging property could hint to a further sideways movement.
* The K’s volatility bands assume the worst with volatility and thus will take the maximum volatility for a given lookback period. Unlike the Bollinger bands which will take the latest volatility calculation every single step of time, K’s volatility bands will suppose that we must be protected by the maximum of volatility for that period which will give us from time to time stable support and resistance levels.
Therefore, the difference between the Bollinger bands and K's volatility bands are as follows:
* Bollinger Bands' formula calculates a simple moving average on the closing prices while K's volatility bands' formula calculates the average of the highest highs and the lowest lows.
* Bollinger Bands' formula calculates a simple standard deviation on the closing prices while K's volatility bands' formula calculates the highest standard deviation for the lookback period.
Applying the bands is similar to applying any other volatility bands. We can list the typical strategies below:
* The range play strategy : This is the usual reversal strategy where we buy whenever the price hits the lower band and sell short whenever it hits the upper band.
* The band re-entry strategy : This strategy awaits the confirmation that the price has recognized the band and has shaped a reaction around it and has reintegrated the whole envelope. It may be slightly lagging in nature but it may filter out bad trades.
* Following the trend strategy : This is a controversial strategy that is the opposite of the first one. It assumes that whenever the upper band is surpassed, a buy signal is generated and whenever the lower band is broken, a sell signal is generated.
* Combination with other indicators : The bands can be combined with other technical indicators such as the RSI in order to have more confirmation. This is however no guarantee that the signals will improve in quality.
* Specific strategy on K’s volatility bands : This one is similar to the first range play strategy but it adds the extra filter where the trade has a higher conviction if the median line is flat. The reason for this is that a flat line means that no higher highs nor lower lows have been made and therefore, we may be in a sideways market which is a fertile ground for mean-reversion strategies.
Swing Assassin's Consolidated ScriptI put this script together to essentially consolidate a number of scripts that I use on a daily basis into one script. This is an ongoing improvement effort, so there may be some garbage in here right now so keep that in mind if you intend to use this to help in your trading.
There are 5 moving averages (Hull). I use the Fast, Mid and Slow to find entries after I us the Medium Slow and Super Slow to identify a trend. Otherwise, I have those three turned off.
This script also uses Bollinger Bands which I literally cannot trade without.
The script also has anchored VWAP , automated support/resistance lines, and a homebrewed Volume Profile that is a copy from Ildar Akhmetgaleev's indicator "Poor Man's Volume Profile" used under Mozilla Public License Version 2.0.
Pluto Star - Bollinger Band Trap//DESCRIPTION
//Pluto star appears on a chart when price goes in the in the extreme price range territory, i.e. beyond 2 standard deviation from the mean (or mid Bollinger Band).
//What makes a Pluto Star appear on a chart:
//1. Check if the candle 's' high and low, both are completely outside of the Bollinger Bands (close, 20, 2) - Lets call it Pluto Star Candle
//2. Pluto Star Candle must not be a result of sudden price movement. Hence the previous candle must give a BB Blast.
// In other words, the candle must have it's either open or close outside of Bollinger Bands, to confirm a BB Blast before the Pluto Star
//3. Candle, following the Pluto Star must not break the high (in case of upper BB i.e. short call) or low (in case of lower BB, i.e. long call), to confirm the reversal to the mean
// This implies that Pluto Star appears on chart, above/below the next candle of actual Pluto Star Candle
//----- The above 3 conditions make a Pluto Star appear on a chart. But one must wait for a trade signal. Read the following conditions
//4. There is a signal line, which is nothing but ema(close,5)
//5. The red dotted line is the signal range (and also acts as Stop Loss). The price must close above/below the signal line within the signal range
//6. For a red Pluto Star (short call), the price must close below the signal line, within next 6 candles (signal range). Else there is no trigger for a trade
//7. For a green Pluto Star (long call), the price must close above the signal line, within next 6 candles (signal range). Else there is no trigger for a trade
//8. If any of the candle crosses the Stop Loss line within signal range, there is no trigger for a trade
//9. In a normal scenario, the price must return to the mean, i.e. mid Bollinger Band. In best case scenario, it must go to the opposite side Bollinger Band.
//Recommendation: Test it with Nifty and Bank Nifty charts on 30 mins and 1 hour timeframes
Pin Bar//Pin Bar at the edge of BB
//Conditions to check
// 1. It must be a Pin Bar
// 2. Price Above/Below 200 SMA
// 3. Volume must be above 20 SMA
// 4. Low/High of the Pin Bar must cut across the BB upper/lower band
// 5. The very next candle closes above/below the high/low of the pin bar candle
Recommended timeframe - Daily and Weekly
IDEAL BB with MA (With Alerts)It gives well combination of Moving average and Bollinger bands with signals
RSI Rising Crypto Trending AlertAlert version of the strategy with the same name
This is crypto and stock market trending strategy designed for long timeframes such as 4h+
From my tests it looks like it works better to trade crypto against crypto than trading against fiat.
Indicators used:
RSI for rising/falling of the trend
BB sidemarket
ROC sidemarket
Rules for entry
For long: RSI values are rising, and bb and roc tells us we are not in a sidemarket
For long: RSI values are falling, and bb and roc tells us we are not in a sidemarket
Rules for exit
We exit when we receive an opposite direction.
Cuation: Because this strategy uses no risk management, I recommend you takje care with it.
If you have any questions, let me know !
Advanced RSIThis is what I call the advanced RSI. It employs Bollinger bands on the RSI itself, in order to better highlight extremes that are still within the typical 30-70 range on.
You'll notice some background highlights. These are simply to mark the extremes.
Orange marks your standard overbought, Red marks oversold.
Fuchsia marks an RSI outside the lower deviation on the Bollinger Bands. Green marks an RSI outside the upper deviation on the Bollinger bands.
Typically while in an uptrend, the RSI dropping below the lower deviation indicates an entry point (fuchsia). The same applies for a downtrend with the RSI rising above the upper deviation (green).
You can look at the overlap in colors as even stronger indications because on a more rare occasion you will have the RSI outside the upper/lower deviation as well as being outside the typical oversold/overbought levels.
Any feedback is welcome! I try to employ contrasting colors, but they may not make sense to you so change them as you please - they are simply markers.
BBW EMA RIBBON+BB%B+EMA BUY/SELL SignalsBINANCE:BTCUSDT
* * * TESTED ON BTCUSDT 4H CHART * * *
The indicator gives signals based on possible ENTRY/EXIT zones (calculated using an ema ribbon of the BBW) and BB%B oversold/overbought conditions, also a 200 EMA filter is used to trade following the major trend.
ENTRY/EXIT zones can be used as a confirmation on other strategies (green zones suggest a possible entry for a long in an uptrend and for a short in a downtrend, red zones suggest a possible exit for long & short)
Only LONG signals are given.
Signals are divided in 3 categories based on their strenght:
- Weak BUY/SELL (green/red circles on chart)
- normal BUY/SELL (green/red triangles with "BUY" or "SELL" text on chart)
- strong BUY/SELL (green/red labels with "STRONG BUY" or "STRONG SELL" text on chart)
You can use signals from the same category as triggers for entering or exiting a trade or you can try using signals from different categories
All indicators settings can be costumized
Possible EXTRY/EXIT zones can be turned ON/OFF
Every signal label can be turned ON/OFF
EMA that changes color based on last candle close can be turned ON/OFF
Alerts can be set for:
- General Signals (every signal will trigger it)
- Weak Signals (only weak signals will trigger it)
- Normal Signals (only normal signals will trigger it)
- Strong Signals (only strong signals will trigger it)
There are 3 BB%B Oversold & 3 BB%B Overbought value presets:
- BASIC (default values)
- LOW (slightly lower values from default)
- HIGH (slightly higher values from default)
Tips:
Use BB%B OS LOW preset to find entries at a better price
Use BB%B OS HIGH preset to find entries faster
Use BB%B OB LOW preset to find exits faster
Use BB%B OB HIGH preset to find exits at a better price
There are 3 Filters already included:
- A checkbox to toggle ON/OFF the use of Heikin Ashi candels to detect trades
- A checkbox to toggle ON/OFF the use of an ema filter for the ribbon that tries to reduce the number of false signals on over-extended price movements
- A checkbox to toggle ON/OFF the use of an ema filter that tries to reduce the number of false signals when price crosses the moving average many times consecutively
Logarithmic Bollinger BandsThe existing Bollinger Bands simply used price to derive the standard deviation.
In other words, whether an asset goes up or down by $50 from $100, it counts at the same "50$".
But in the asset market, an increase of $50 and a fall of $50 have different values.
To eliminate this difference using a logarithmic function, a new Bollinger Band was created.
Green is the original Bollinger Band.
As mentioned above, a sharp lower band is formed by calculating the rise and fall of an asset with the same value.
Blue is the Logarithmic Bollinger band.
Please make this indicator useful!
기존의 볼린저 밴드는 단순하게 가격을 이용해 표준편차를 도출해내었습니다.
즉 자산이 100$에서 50$이 오르든 내리든 같은 "50$"로 계산한 것입니다.
하지만 자산시장에서 50$이 오르는 것과 50$이 내리는 것은 다른 가치를 가집니다.
이 차이를 로그함수를 이용해 없애보고자 하였고, 새로운 볼린저밴드를 만들었습니다.
초록색이 기존의 볼린저밴드입니다.
위에서 말했듯이 자산의 오르내림을 같은 가치로 계산해서 급격한 아래 밴드가 형성됩니다.
파란색이 로그 볼린저밴드입니다.
이 지표를 유용하게 사용해주세요!
ViVen-Multi Time Frame Bollinger Band StrategyThis indicator created to identify the strong Support and Resistance levels based on the Bollinger Bands. When two different time frame Bollinger Bands are travelling together then its a strong Support or Resistance Levels.
I have added 5 Min, 15 Min, 30 Min, 1 Hr and 1 Day time frame Bollinger Bands in one Chart. You can select and combine whichever the TF you want.
Default values considered - Period - 20 and Std.Dev is 2
You can on/off the indicator based on the requirement.
Trade plan:
BUY - When price comes near to the Bottom Bollinger Band level (look for candle confirmation is plus). If multiple Bollinger bands travels together then is Strong Support. (Exit if Price Breaks down the BB)
SELL - When price reaches the Upper Bollinger Band level (look for candle confirmation is plus). If multiple Bollinger bands travels together then is Strong Support. (Exit if Price Breaks Up the BB)
Middle Line - is the 20 SMA line
When the Gap between Upper and Lower Band is narrow then we can expect a trending movement soon.
