Get started

Bollinger Bands (BB)

[feeble] TrenderEver wondered which way the price is trending?! feeble Trender™ **BETA** shows the trend based on middle crossings in different timeframes, volume weighting and volatility (std Deviations) --The indicator displays the same on any timeframe. --Select a FROM and TO period --Use DuPLiCaToR to make 12 copies - use values between 0.8-1.2 --Coloured bands go purple when price is below the volume-weighted mIdBaNd! --Shows the trend on a few different scales!!
Pine Script™ indicator
by gamazama
Double & Triple Bollinger Bands by Atilla YurtsevenThere are many traders use Bollinger Bands . The defaults are 20 SMA ( simple moving average ) with 2 deviation and you can use only single and customizable deviation. I have decided to release an advanced version of Bollinger Bands . Most traders use Double Bollinger Bands strategy. However, it's not enough either. We sometimes need more than that. You can still use a single one by disabling the rest. Also what if you would like to use WMA instead of SMA? Now you can even choose your favorite moving average. Please remember to subscribe to my channel and add some comments below. Hope you enjoy it. FYI: This is not financial advice Trade safe, Atilla Yurtseven
Pine Script™ indicator
by AtillaYurtseven
(JS) Bollinger Band Momentum Average Trailing StopsA tool I made to use alongside the Bollinger Band Momentum Average - fairly simple to use. It has the same settings as the BBMA so you can match them together. If you prefer a wider stop than a close on the opposing side of the BBMA, this is for you. The "stop" is triggered by a close on the other side of the stop line line turns red whenever the stop is triggered. The calculation is simple: The stop on the short side it is High - BBMA over the length of time you select to use (20 is default). On the long side, it is BBMA - Low also over the preferred length of time you select to use. Note: Just shorten the length to make a tighter stop.
Pine Script™ indicator
by J-Streak
(JS) Bollinger Bands Momentum AverageSo this is something I've been using with my Squeeze system that I have found very useful (great addition especially if you use the Squeeze Arrows). First thing I'd like to point out is that the default setting (20 SMA) is also the default for the Bollinger Bands basis line, so I recommend using the line set at the default. First thing you'll notice is that whichever side of the line the candles close on, that basically determines the direction of the arrow for the Squeeze Arrows. So this is extremely helpful in case momentum shifts after an arrow signal is given, if you see the price shoot to the other side of the line you can use that as a means of protection. Second, the line is color coded in a way that I hope helps with entries and exits. The colors of the line change based on two things: 1. If there is currently a squeeze. 2. Are the Bollinger Bands expanding or contracting. Generally speaking, when the bands are contracting (light green and light orange default colors) this is the ideal time for entry before a trending move occurs. Same thing on the flip side when they're expanding (dark green and dark orange default colors), that's usually the better time to exit. Now what's the difference between orange and green? Green = There's an ongoing squeeze Orange = There's currently no squeeze So playing the side of momentum when the line is light green and starts to break in a certain direction would be the ideal entry. And, if momentum changes from that point, you can always use a close on the opposite side of the line as a stop (or an entry the other way). This is something else I've been using on my own for a little while prior to publishing and it has been a tremendous tool for me. Hope it helps you all as much as it has me!
Pine Script™ indicator
by J-Streak
2
(JS) Sustained Velocity Squeeze IndexSo I have revamped my original SVI indicator with the new Squeeze Pro system and have fused them together to form a single and extremely versatile indicator. First, allow me to share the description on the original SVI, as all of this still applies: " The Sustained Velocity Index is an original indicator I've created as a means to accurately measure parabolic moves to the up or down side. Acceleration I have added Acceleration to the equation which you can turn on and off. This is meant to amplify the value when the move is sustained in a given direction. What this does is amplify the reading based on consecutive green or red candles. You can also change the Acceleration sensitivity with 5 being the strongest and 1 being the weakest. Length This is rather obvious - the look back period for the math formula. However - I did include presets that I thought best suited Daily/Weekly/Monthly which you can toggle on and off The rest of the options are purely cosmetic; Backgroud Off - Turn the indicator background colors on and off. Simple Background? - This toggles a simple two shade background on and off. Background Transparency - Allows you to adjust the transparency of the background colors. Plot Background Off? - Allows you to toggle the background inside the plot on and off. Plot Line Color Off? - If you don't like the way the plot line changes colors, this turns it white. Color Scheme - Four schemes to choose from, first three are color based, the last one is a plain version. Plot Width - Adjusts the width of the plot line on the indicator. Plot Line Value? - Toggles a line on the indicator at the current value on and off. " Regarding the Squeeze Pro: " The new Squeeze Pro has three different squeeze types rather than a single signal. White = Warning/Low Squeeze Red = Regular/Mid Squeeze Yellow = Power/High Squeeze " So what does this new indicator do? well - it does everything above, for one. Also, it allows you to use these indicators (Squeeze and SVI) separately in more ways than one, or if you choose so, individually. The default layout is the SVI overlayed on top of the Squeeze Momentum which can be seen in the background allowing you to be aware of both simultaneously, and done in a way that doesn't feel cluttered. So here''s the new features: Squeeze Momentum Off - This is rather obvious, when selected this will only show the SVI, no squeeze overlay. Squeeze Momentum Only - Obvious again, when this is on SVI is removed and only the Squeeze momentum appears on the indicator. Squeeze Momentum Plot Transparency - This toggles the opacity of the Squeeze momentum when it is overlayed with SVI, so you can bring it out/fade it back more depending on your preference. Combined Indicator - This is the really cool feature. I combined the math formulas of both the Squeeze and SVI to create a single momentum indicator, the combo indicator tends to lag the other two a bit, but is better at assessing the longer term trend. There are 5 different color schemes as well, with the fifth being a plain grayscale bg if you aren't into all the extra stuff. Lots of moving parts to this script! I have been using this thing now for about a week or so prior to publishing and I love it so far, hope you all do too - enjoy!
Pine Script™ indicator
by J-Streak
Multi-TF Avg BBandsMULTI-TF AVERAGE BBANDS - with signals (BETA) Overall, it shows where the price has support and resistance, when it's breaking through, and when its relatively low/high based on the magic of standard deviation. created by gamazama. send me a shout if u find this useful, or if you create something cool with it. %BB: The price's position in the boilinger band is converted to a range from 0-1. The midpoint is at 0.5 Description of parameters "BB:Window Length" is the standard BB size of 20 candles. The indicator plots up to 7 different %BB's on different timescales They are calculated independently of the timescale you are viewing eg 12h, 3d, 30m will be the same output You can enter 7 timescales, eg. if you want to plot a range of bbands of the 12h up to 3d graphs, enter values between 0.5 and 3 (days) - you can also select 0 to disable and use less timescales, or select hours or minutes Take note if you eg. double the main multiplier to 40, it is the same as doubling all your timescales You can turn the transparency of the 7 x %BB's to 100 to hide them, their average is plotted as a thick cyan line "Variance" is a measure of how much the 7 BB's agree, and changes colour based on the thresholds used for the strategy ---- TO START FROM SCRATCH ---- - set all except one to ZERO (0), set to 0, and everything after to 0. Turn ON and right click -> move the indicator to a new pane - this will show you the internal workings of the indicator. Then there is a few standard settings "Source Smoothing Amount" applies a basic small sma on the price. It should be turned down when viewing candles with less information, like 1D or more. Standard BBands use an SMA, there one uses a blend between VWMA or SMA Volume Weight settings, the same as SMA at 0, and the same as VWMA at 1 BB^2 is a bband drawn around the average %BB. Adjust the to change its window length The BB^2 changes color when price moves up or down Now its time to look at the parameters which affect the buy/sell signals turn on "show signal range" - you see some red lines buy and sell each have 4 settings min/max variance will affect the brigtness of the signal range range adjust will move the range up/down mix BB^2 blends between a straight line (0) and BB^2's top or bottom (1) a threshold of "variance" and "h/l points" is available to generate weaker signals. these thresholds can be increased to show more weak signals ONCE YOU ARE HAPPY WITH THE SIGNALS being generated, you can turn OFF , and move it back to the price pane the indicator then draws a bband around the price to maps some info into the chart: fills a colour between 0.5 & the mid BB^2 and converts relative to the price chart draws a line in the middle of the midband. controls how much these lines diverge from the price - adjust it to reduce noise converts the signal range (red lines) to be relative to the price chart if you like, you can adjust the sell & buy signals in the tab from and to and to match the picture. It messes with auto-scaling when moving back to though enjoy, I hope that is easy enough to understand, still trying to make this more user-friendly. If you want to send me some token of appreciation - btc: 33c2oiCW8Fnsy41Y8z2jAPzY8trnqr5cFu I promise it will put a fat smile on my face
Pine Script™ indicator
by gamazama
4
3D-WAVE-PM indicatorThis is an extension of the WAVE-PM indicator as explained by Mark Whistler in his book Volatility Illuminated . This heatmap represent different lengths of WAVE-PM indicator, starting from 20 and incremented by 15 until 485. As a reminder, WAVE-PM compare the size of the current distribution to the last 100. The result is represented as a number between 0 and 1. The more close to 0, the more contracted the distribution is. The more close to 1, the more expanded the distribution is. The color code is the same as my standard WAVE-PM indicator : Between 0.35 and 0.5 also known as the "Gear change" level => Grey Between 0.5 and 0.7 also known as the "Consolidation" level => Green Between 0.7 and 0.9 also known as the "Breakout" level => Blue Between 0.9 and 1 also known as the "Danger" level => Red Note that i have colored results below 0.35 as black Note also that each level has been divided in 2 colors : The light one for the lower half of the range and the dark one for the higher half. You should resize the indicator window to have a clear and continuous heatmap.
Pine Script™ indicator
by PseT
2