This case study is based on a previous Bollinger Bands study, but with 3 different counts to compare different trends. The use of this indicator is restricted to private use and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by...
This triple Bollinger script is very useful for options traders to determine the trend condition. When the trend stays within 1 sigma limits it is termed as "congestion", breakout of congestion starts the "trending" phase and the big breakout termed "Blowout" happens when the underlying crosses the 2sigma and reaches 3 sigma limits in very short time at steep...
Software part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector...
Greeting Traders! I am back with another ML strategy. :D I kept my word with combining my machine learning algorithms from Python and integrating them into Tradingview. Thanks to Tradingview's new release of Pinescript v5 it is now possible. This strategy respects the Sortino Ratio and was created using 2 years of data for 50 different cryptocurrencies. That is a...
This is a fairly simple adjustment of the Bollinger Bands highlighting and giving the character to the Asian session.
A simple chart-based strategy, which capitalizes on trend change. Based on Azeez Mustapha's article featured in Stocks & Commodities Oct 2021 issue. This indicator consists of three tools: a simple moving average (SMA), price envelopes, and Bollinger Bands. Please note that this strategy only works in trending markets. What is a trending market? A trending...
This script is created to demonstrate usage of enhanced ta library which is present here : Following custom indicators are populated in this script: ma (Select moving average) atr/atrpercent (With custom moving average) bands - Bollinger Band, Keltner Channel, Donchian Channel (All with enhanced versions and additional options) bandwidth - Bandwidth...
This is a powerful tool if combined with other parameters. It's an advanced version of an RSI . It shows OB and OS conditions and price direction or shift of the trend. This indicator can be used in various ways with all markets. The current settings are designed to work with futures market. Combined with our TSI and Price action, RSI OBLIVION is the most...
Find lows based on divergence on bollinger bands . Works great on stocks and index, no success on forex. Different stock/index requires different values. Exit is not perfect, often on the safer side. Example settings: NASDAQ:OMXS30, 30m: 25 0.452 0.42 0.453 2 62 20 Lower bbrower = buys harder dips, too low will cause buy during fall. Higher bbrhigher = buys on...
Thank you @Lazybear for the calculations for squeeze and BB, and all of the other great pine-coders who inspired me to create my own indicator to share! This is the result of hours of work learning to code pine and tweaking until everything fits exactly what I was looking for. After using it for a while and seeing the benefits personally, I figured now might be a...
A Very Simple Strategy From Moving Average - Price Breakout Upper Band = Long - Price Breakout Lower Band = Short Moving Average Type = Able to Change RMA, EMA, SMA, WMA Moving Average Period = Able to Change Upper Band & Lower Band Gap = Able to Change With Stop Lose & Take Profit = Able to Change
Better Bollinger Bands (BBB) This script is a modification of classic Bollinger Bands (BB). CHARACTERISTICS Main improvement over BB: There is no need to introduce a standard deviation multiplier (usually 2). Here, only a length is needed (usually 20 bars for BB). Other features: The type of moving average can be selected: sma, ema, vwma, wma or...
The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit. The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change. ENTRY The buy order is placed on assets that have...
Japanese below / 日本語説明は下記 Bollinger bands with customizable expansion signals What’s new in this indicator? This indicator allows users to customize Bollinger bands expansion signal with the conditions below. 1. Target bands Which bands should be considered as expansion when price crossing? Available options are plus/minus 1-3 σ. 2. Price Which price...
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. Essentially, Moving Averages smooth out the “noise” when trying to interpret charts. Noise is made up of...
Introduction The indicator attempts to implement the "Technical Analysis Starting Conditions" found in the 3Commas DCA trading bot settings. How is it original and useful and how does it compare to other scripts in the Public Library? This indicator is unique in that it's the only one (as of the initial publications) that can handle 5 signal indicator types...
Hi everyone, I have developed a divergence system using RSI and Bollinger Bands. It contains a series of filters which are fine tuned to generate razer sharp entries. It works by first identifying divergence between peak 1 and peak 2. Peak 1 must have enough momentum and strength to Breach the Bollinger bands. Once these criteria are met, a white candle will...
A very simple and highly effective strategy that combines 3 famous indicators: MACD Bollinger Bands RSI Entry conditions are: The MACD line crosses over the signal line. RSI less than 50 Price below the BB baseline Exit conditions are: RSI greater than 70 Closing price higher than the upper BB Or when the price hits the Stop Loss...