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,...
Bollinger Bands are mostly used for trend reversal. I believe they should be used for Trend Continuation and Trend Confirmation. In this Trending Bollinger Bands script you will see two bands drawn on chart. The Upper band is suggestive of Uptrend and Lower Band is suggestive of Downtrend Market. It just provides the guidance of where the market is now and...
True Strength Index , or TSI is considered a "leading indicator" - in contrast to a "lagging indicator" just as Moving Averages it does not show a confirmation what already happened, but it shows what can happen in the future. For example: The chart is climbing while the TSI oscillator is slowly declining, gets weaker and weaker, maybe even prints bearish...
Hello, everyone! We have just released an innovative strategy for TradingView. It allows you to identify price pivot points and volatility. This strategy is: User-friendly Configurable Equipped with Bollinger Bands and smoothed ATR to measure volatility Features Thanks to the BB Fibo strategy, you can: Trade stocks and commodities. Identify...
Bollinger bubble is an edition for forex market. Work better en JPY pairs. We buy when a candle open & close outside the lower bollingers band and we target the last highest point on the last 10 candles. And we sell when a candle open & close outside the higher bollingers band we the target the last lowest point on the last 10 candles.
This is a pretty simple script here - I took the VWAP and combined it with Bollinger Bands. The bands can vary a lot based on chart resolution, so I wanted to make sure the resolution could be modified so you can use the resolution you're most comfortable with, or find the most success with. Length: Length of bars used to calculate the bands. Standard...
Plots one of several types of moving average types Supports ATR/Kelter Channels Supports Bollinger Bands Velocity squeezes shown on the moving average to identify possible turning points Supports ATR based stop for MA Trend Reversals MA Trend reversal alert conditions See related Moving Average Ribbon script.
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 /...