The Bollinger Bands Breakout Oscillator is an oscillator returning two series quantifying the significance of breakouts between the price and the extremities of the Bollinger Bands indicator. Settings Length: Period of the Bollinger Bands indicator Mult: Controls the width of the Bollinger Bands Src: Input source of the indicator Usage Each...
First version here Initial data: 1) RSI 2) Bollinger Bands (Basis - EMA ) 3) Dispersion (around basis) Signal for purchase: RSI crosses the dispersion zone upwards Signal for sale: RSI crosses the dispersion zone downwards Buffer zone: white area, it is not recommended to make transactions. --- Add ( 02.10.2018 ) 1) RSI lines (overbought /...
Beacon uses the current volatility of the market based on your trading time frame to determine support and resistance levels, whether a trend is intact or ready to revert back in the range. One of the most difficult things I went through as a trader was determining whether we are in a trend day or if we are in grind up or grind down mode. I created Beacon to...
I have just recently revised this indicator alert for public release. This is for the 60sec Bollinger Band break Binary Option traders. This indicator alert is a variation of one found in a well known Broker's marketing videos. It uses Bollinger bands, RSI and moving averages. Included is a pre-warning alert condition. The strategy and settings are designed for...
K's reversal indicator I is a special combination between Bollinger bands and the MACD oscillator. It is a contrarian indicator that depends on the following conditions: • A buy signal is generated whenever the current market price is below the 100-period lower Bollinger band while simultaneously, the MACD value must be above its signal line. At the same time,...
// © PlanTradePlanMM 6/14/2020 // --------------------------------------------------- // Name: Buy in Bollinger Band uptrend (Weekly and Daily) // --------------------------------------------------- // Key Points in this study: // 1. Long in BB Upper band, probability of price going up is more than 50% // 2. Buy at the bottom 1/4 of...
Strategy using the Bollinger band with the Keltner Channels . Watch for the Bollinger bands (blue/red lines) squeezing inside the Keltner Channels (pink dots) for a breakout - this could be up or down so use in conjunction with other indicators. The blue band is the 2 standard deviation from price, the red is 3 standard deviations. With these, typically if the...
It can helps you to see BB pivots . It's based on bollinger bands . Best Settings: (20,3) - (50,2) Cheers :)
The Bollinger Band Squeeze is a trading strategy designed to find consolidations with decreasing volatility. In its simplest form, this strategy is neutral and the ensuing break can be up or down. Traders, therefore, must employ other aspects of technical analysis to formulate a trading bias to act before the break or confirm the break. Acting before the break...
This 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...
Hello my dear ambitious traders I'm working hard this week to publish some great indicators this week and open sourced. Hope you'll enjoy, learn and use them. This will be my greatest reward but comments showing appreciation are also very welcomed (actually likes too) :) For today, I'll share a simple indicator but it's coming along with some insightful...
Long Trade Setups: To go long (to buy), you have to wait for one of the candlesticks to close above the BB upper band. (background color is green) Short Trade Setups: To go short (to sell), you have to wait for one of the candlesticks to close below the BB lower band. (background color is red) How To Maximize Your Profit? As I explained above, this trading...
The Strategy involves two Bollinger Bands (BB) at a go. One with Divergence of 1 and another 2. Strategy: When the price rides above the inner BB, buy, check if it rides above the second BB. Exit when price falls inside the Outer BB and enters the Inner BB. When the price rides below the inner BB, buy, check if it rides below the second BB. Exit when price rises...
HI guys, I'm Calendar I made my 2nd indicator for my followers. This indicator made by merging 2 Bollinger Bands.(SDV =1, 2)
Strategy using the Bollinger band with the Keltner Channels. Watch for the Bollinger bands (blue/red lines) squeezing inside the Keltner Channels (pink dots) for a breakout - this could be up or down so use in conjunction with other indicators.
Bollinger defaults = 20, close, 2 Stochastic defaults = 13, 5, 5 Buy Signal (GREEN triangle): BULLISH candle formed Candle OPEN is LESS than LOWER Bollinger Band Stochastic (K) is LESS than 20 Sell Signal (RED triangle): BEARISH candle formed Candle OPEN is GREATER than UPPER Bollinger Band Stochastic (K) is GREATER than 80 Read more about...
Indicator based on the “Prince of NY” strategy developed by Rodrigo Cohen . It consists in the use of Bollinger Bands, combined with a coloring rule to indicate places of purchase and sale. An entry signal is given when a candle close outside the band, where, if the next one closes inside, there is the entrance, looking for the MA or the other band. Red...