Description:
High and Low Envelope channel with median line and 'sigma' offsets to try and encapsulate price flow and quickly locate likely areas of support and resistance on the fly.
Updated and fixed version of DFC.
- fixed bugs
- added permanent setting for direction
- added color change for terminal and breakout bars
- added smart timings for line of 100% retracement
I found myself using multiple bollinger bands a lot so I decided to add them all to one script and add the ability to adjust them by 0.2. It has helped me by not taking up as much space in the upper left corner as well as improving my in's and outs of trend continuation trades. If you manage to find a double top at +2 or greater deviation, and with a bearish...
All right people... !!
Here is one more crazy stupid experiment by me while boosing. I call it..... Well Bollinger Bands for now..
If you like it and find it useful, give me suggestions, we can name it.
Its was just an idea of removing unnecessary opposite bands (noise i say) and it turned out to be useful to me.
After finishing, I saw good locations of ...
A cleaner aesthetic and an introduction to the indicator's uses.
I would also be very appreciative of any Keltner Channels related ideas or concepts you may have run across to add features to this indicator.
I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice.
Description / Usage:
Adjust length and multiplier much the same way you would expect with Bollinger Bands.
Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA)
The outer channels are increments of the base...
EXPERIMENTAL:
center is based on the mean of price on X bars lookback window, channel width is determined buy maximum volatility from the mean outwards(to the extremes).
www.vdubus.co.uk
Another coding mashup experiment
It's as simple as London Underground, when price exits the 'RED' main line board the train & get off at the next platform :)
this indicator is for use with the Rejection Spike Strategy I recently publish
Have't had chance to test it yet so feel free to try.
Details of the strategy are listed in the link below
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