Better Bollinger Bands (now open source)General purpose Bollinger band indicator with a number of configuration options and some additional color-coded information. The main advantages of it over standard Bollinger bands are:
1) Better statistics:
* Uses volume weighted moving averages, variance, and standard deviation by default. The volume dependence can be disabled with a checkbox option, but generally makes it more responsive improves its ability to distinguish true outlier events from random variation.
* Lets you pick between different time windows (simple, sawtooth (WMA), exponential) in addition to the volume weighting, with appropriate Bessel corrections to make the estimators unbiased and to get consistent result for different weights.
* Has a checkbox option to use a linear regression in the band calculation if you don't want average momentum to be counted in the volatility. This turns the centerline into a last squares moving average, and the band width at each time step is given by the variance away from the regression line instead of from a moving average. Weights in the least squares regression are changed according to the other options. For tickers with a strong long-term trend this makes the bands track the price action more closely.
2) Geometric
* This does all calculations on log(price) instead of the prices themselves.
* Makes almost no difference in most cases, but gives better results on charts with strongly exponential behaviour that range between several orders of magnitude.
* Properly centered around price action on log plots.
* Will never annoy you by rescaling a log plot due to a negative lower band. The lower band is always positive for positive prices.
3) Some built in oscillators.
* This aims to reduce clutter by building in some other indicators into the band color scheme. You can pick between various momentum & RSI operators to color the center line and the bands, or leave the bands plain.
I've been using these bands myself for a few months & have been gradually adding functionality & polish. Feel free to comment, or to refer to me if you borrow any ideas.
ボリンジャーバンド (BB)
Eclub Multi IndicatorThis multi Indicator includes:
3 Moving Averages
2 Exponential Moving Averages
Bollinger Band
Ichimoku
Parabolic SAR
You can change the colors if you want. Go to setting to enable Ichimoku or SAR or disable others.
The color tolerance is by default zero which results in a very sensitive color change. You can change it to decrease the sensitivity. The value should be the last decimal of the price or the last two decimals of price etc.
If you like this indicator donate some BTC to the following address:
BTC address:
18NSD2xdJyYWoC4CSr4xg1hMk2q5cBbr8T
CBMA Bollinger Bands Strategy directed [ChuckBanger]I just did a Bollinger Bands script with my newly CB moving average
While I'm generally against posting strategies because it's very easy to fake performance numbers... This is just to share a cool strategy snippet. My settings are 10 contracts/order with pyramiding set to 10. You can make the profitability a lot higher if you set the order size higher. But that dosent help you getting more out of this script when u make a bot of this script. I set the order size to 10 contracts to get your attention not to showcase the performance.
When the price is going down and outside of the lower side of the band. And when the price comes back into the channel the strategy buys. Usually that means the price is going up. And when the price is going up and outside of the upper band. The strategy sells when it crosses back in to the channel.
It is a very simple strategy but it is effective. I guess you need a proper stop-loss for this script to bee really profitable in a bot environment.
3 Sigma Rule設定した過去n日間の値動きが、どのくらいの確率で1~3σに収まっているかを表示するインジケーターです。
(From Wikipedia, the free encyclopedia)
In statistics, the 68–95–99.7 rule, also known as the empirical rule, is a shorthand used to remember the percentage of values that lie within a band around the mean in a normal distribution with a width of two, four and six standard deviations, respectively; more accurately, 68.27%, 95.45% and 99.73% of the values lie within one, two and three standard deviations of the mean, respectively.
Bollinger Bands Trend Model-BuschiEnglish
In general, Bollinger Bands are used as an indicator to visualize the "reversion to the mean". However, in this model, by using smaller variable values (default: 10 time intervals instead of 20, 1 standard deviation instead of 2), they are used as an trend following indicator. Two consecutive closes above the upper band form a buy signal (symbol 'B' above bar) which is reversed by two consecutive closes below the lower band (symbol 'S' under bar) and vice versa. The corresponding buying (green) and selling (red) zones are coloured between the bands.
Deutsch
Im Allgemeinen werden Bollinger-Bänder als ein Indikator verwendet, um die "Rückkehr zum Mittelwert" zu visualisieren. In diesem Modell werden sie durch kleine Variablen-Werte (Standardwert: 10 Zeitintervalle anstatt 20, 1 Standardabweichung anstatt 2) jedoch als Trendfolge-Indikator verwendet. Zwei aufeinanderfolgende Schlusskurse über dem oberen Band (Symbol 'B' über dem Balken) bilden ein Kaufsignal, das durch zwei aufeinanderfolgende Schlusskurse unter dem unteren Band (Symbol 'S' unter Balken) umgekehrt wird. Gleiches gilt umgekehrt. Die entsprechenden Kauf-Zonen (grün) und Verkauf-Zonen (rot) werden zwischen den Bändern eingefärbt.
Combo Backtest 123 Reversal & DAPD This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator is similar to Bollinger Bands. It based on DAPD - Daily
Average Price Delta. DAPD is based upon a summation for each of the
highs (hod) for the 21 days prior to today minus the summation for
each of the lows (lod) for the last 21 days prior to today. The result
of this calculation would then be divided by 21.
It will be buy when high above previos DAPD high and sell if low below previos DAPD low
WARNING:
- For purpose educate only
- This script to change bars colors.
Best_TradersStreamIn this Indicator you will find SMA 50, SMA 30 and 40 Cross Over, Bollinger Band filled with Green and Red Colors and Finally Risk calculator to calculate Risk per Trade and Qty per Trade. This tool is Especially useful to Intraday Trading.
Combo Strategy 123 Reversal & DAPD This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator is similar to Bollinger Bands. It based on DAPD - Daily
Average Price Delta. DAPD is based upon a summation for each of the
highs (hod) for the 21 days prior to today minus the summation for
each of the lows (lod) for the last 21 days prior to today. The result
of this calculation would then be divided by 21.
It will be buy when high above previos DAPD high and sell if low below previos DAPD low
WARNING:
- For purpose educate only
- This script to change bars colors.
Bollinger Bands on MacdOnly longs when Macd line is above Bollinger Band and shorts when Macd line is above Bollinger Band, this will avoid many problems.
thumbs up!!!
EVWBB Strategy [QuantNomad]It's my new strategy using EVWMA (Elastic Volume Weighted Moving Average).
Now I created a Bollinger Bands strategy where basis level is EVWMA.
It looks pretty interesting but you have to be careful with the entries/exits on the same bar, I'm using stop orders, so on big moves it happens pretty often.
In the next version, I will try to eliminate these issues.
Entry for this strategy happens when price crossover upper for long and lower for short. I exit both short and long on basis level.
RW Simple Pairs TradeA Simple Implementation of a Pairs Trading Strategy
It uses a simple moving average of specified length (default = 20) and enters at cutoffs set by Entry ZScore. Trades are exited at the moving average.
It is intended to be run on pairs of stocks. To Spread KO and PEP, for example, use the ticker KO / PEP * 1000
To visualise the trade better add Bollinger bands to your charts, corresponding to the SMA length and Entry ZScore criteria you specified.
Ultimate RSIRSI w/BBands and 12 period moving average.
BBands show the standard deviation of the RSI, and can therefore suggest if a trend is oversold or overbought in conjunction with the 30 and 70 RSI values. A tightening of the BBands also suggests a major move/trend change is immanent.
The RSI moving average can suggest if the RSI is in a bullish or bearish trend . So if RSI>RSIMA then bullish trend , and if RSI<RSIMA then bearish trend . The RSIMA can also be used as another way to determine the true RSI values by eliminating noise and big sudden price movements (e.g. liquidation wicks). So for example if the RSIMA is at 70, then we know the asset is oversold etc
Least Squares Bollinger BandsSimilar to Bollinger Bands but adjusted for momentum. Instead of having the centerline be a simply moving average and the bands showing the rolling variance, this does a linear regression, and shows the LSMA at the center, while the band width is the average deviation from the regression line instead of from the SMA.
This means that unlike for normal Bollinger bands, momentum does not make the bands wider, and that the bands tend to be much better centered around the price action with band walks being more reliable indicators of undersold/oversold conditions. They also give a much narrower estimate of current volatility/price range.
Trig's Law 2.0This script uses a combination of candlestick patterns and indicators to produce signals that indicate potential trade opportunities for binary options traders.
These signals are meant to serve as additional confirmation.
Best suited for EURNZD pair on the 5min and 3min timeframes.
In the settings menu, you will see a list of pattern-based signals you can choose to have displayed on the chart.
ideally should wait for the signal candle to close before entering any trade.
Variable Index Dynamic Average (VIDYA) BandsThis adds volatility bands to the Variable Index Dynamic Average (VIDYA). The bands are calculated using the exponential moving average of the standard deviation of the VIDYA.
Thanks to everget for programming the VIDYA for tradingview.
VWAP BandsOrginal VWAP script is from neolao, so big thanks to him.
Took the VWAP, added the Bollinger and Keltner channel squeeze. Also there is a criteria of Bands width.
Great tool to predict fast large moves within short periods of time.
Tried to keep the charts as clean as possible and easy to read.
If there are any questions Ill be happy to help or answer them.
VW %BB +Volume weighted %BB Based on Closing price (green line)
%BB of 50 period ema of the 20 period volume weighted moving average at each point (blue)
difference of %BB green - %bb Blue shading around mid-band (ie width between two in band terms)
added an additional line which is the sum of the absolute distance from mid-band of the ema + top half of bandwidth difference
Better Bollinger bandsBollinger bands with volume-weighted statistics (volume weighted moving averages & variance/standard deviation) to give better results during high-volume events, and also aims to provide additional information without adding clutter by coloring the bands. Intended as the first basic indicator to be thrown on a chart.
Will never annoy you by rescaling log charts due to negative lower bands (much like my previous geometric bollinger bands) , and will almost always give more realistic bounds on price movement than standard bollinger bands, particularly during high-volume events such as broken supports, earnings reports, or squeezes.
The centerline is colored green or red by a volume-weighted momentum oscillator. The bands themselves let you select color schemes such as detected market type (confirmed bull market, confirmed bear market, or volatility-dominated), volatility change (to clearly show when bands are expanding or contracting), or the same color as the centerline oscillator.
