Average high/low trading range for the current timeframe. Daily high/low trading range.
Introducing the Bollinger Band Calculation Tool What are Bollinger Bands ? According to Investopedia .... "In the 1980s, John Bollinger, a long-time technician of the markets, developed the technique of using a moving average with two trading bands above and below it. Unlike a percentage calculation from a normal moving average, Bollinger Bands® simply add...
Charts the Futures Premium % for FTX futures markets Change the asset name from BTC to ETH in settings to switch assets, and will work with all assets with long-dated futures markets on FTX as they are added
This idea came up while discussing about strategies with one of the trading enthusiast from tradingview community. Strategy basically uses existing script of Vix Fix by Chris Moody: VixFix is a great indicator for finding the market bottoms. But, sometimes it generates signal too early. But, we can apply linear regression on vix fix to find vix fix top to make...
For Coloring Your Candles To A Specific Time Period. Used To Exploit Perspective Of Market Structure For Different Time Periods.
Here I have assembled 3 indicators, SuperTrend + ATR + Ema, to make them fit into one indicator to make things more organized and to save space. Check Script for original Authors of the used scripts. The UI or the indicator is far from perfect as my programming skills are very low :D
This strategy copy the Nick Radge's trading ideas for a profitable systems. He mentions a Bollinger Band idea which is also published in his book Unholy Grails. Nick says: he strategy that we did test and showed very promising results was an entry using a Bollinger band and an exit using the opposite Bollinger band, but we use 3 standard deviations for the...
this indicator plots the acceleration of the price using the derivatives of RSI. you can use it just like a momentum oscillator to catch divergences, trend direction, breakout direction, etc
this indicator plots the derivatives of the RSI to get more leading sense of direction of the price we know that the rsi shows us the momentum of the price, so the easiest/logical way to interpret this indicator and benefit from it is as follows: - see the price as 'distance' - see the rsi as 'speed' - see the rsi/momentum of the above/'speed' as 'velocity' - see...
This script is used to calculate angle of Bollinger Bands and also setup alerts. The angle is based on the rules: - if the previous 2 is 1.1, previous 1 is 1, and the current is 1.1, then the angle should be 90 degrees. - if the previous 2 is 0.9, previous 1 is 1, and the current is 0.9, then the angle should be 270 degrees If upper angle is below 90 degrees...
This is a combination of RSI, Elliot Wave Trend, and SqzMomentum that helps to predict the likelihood of short term buy and sell opportunities and local maxima. Changing color of the line in addition to when the line exceeds or crosses under the threshold lines can act as potential buy/sell signals.
This study is a user-friendly workaround to the BBOE+ (attached at the bottom). I applied Bollinger Bands on BB Oscillator which spend his time bouncing between +100 -100 levels both representing extremes market conditions. You can use it to spot reliable entries/exits opportunities. During an uptrend when the oscillator tends to -100 and the lower BB turn up...
I got the idea for a narrow Donchian Channel with a short lookback period which closely follows the price fluctuation in which the sides of the channel have a thickness according to the range of the last touching candle. Any channel, be it Donchian, Keltner, Bollinger Bands or Parallel, has an upside and a downside, touching the upside is a buy signal as this may...
open data window, pull closing price, store closing price in a variable.
This indicator gives you the percentage movement of each candle. Measurements are taken between the candle High point and Low point, and also between the Open and Close and calculated in percent %. From there it smooths out the data with a moving average. This gives you an idea of how much volatility is within each candle given the time resolution of the chart. I...
Are you consistently beating the standard "Buy and Hold" benchmark? Check your performance against the next most common strategy: Buy at the start of the holiday season and close in the new year. By default, the strategy starts with $100,000 and risks 25% of the account on each swing trade. Commission is set to be 0.5% of each trade. You can tweak the...
This script is useful as a guide to get into positions. The 1day ATR has upper and lower bounds, however its typically used to determine if a trend is long or short. And the trend reverses when the price action close crosses the directional trend limit. This script is different in that it always shows both the upper and lower ATR ranges. Also, its default time...
The Baus Bands are a simplified version of another one of my trend following indicators, the Neapolitan Bands. This version only shows the trend trading zones in green and red. An additional 21 EMA with an ATR band was added as part of my own trend trading rules using these bands. How do I read this indicator? Is the blue band between and not touching the...