A trend based BB scalper. It uses day time frame data to determine trend. When price moves above sma, it is up trend , otherwise it is down trend. the trading signal is determined in lower time frame using bband. In up trend, it will only buy and close when price reaches bb upper band. In downtrend it will do the opposite
This idea originally by ChartArt on January 14, 2015 as Strategy, and I modify it to become as Signals on 26 July 2019.
This signals uses a modified RSI to sell when the RSI increases over the value of 60 (or to buy when the value falls below 40), with the classic Bollinger Bands strategy to sell when the price is above the upper Bollinger Band (and to buy when...
This is a light weight code and strategy. I tuned it for NZDUSD on a 15 min chart. NZDUSD is a slow moving low volatility pair. A single SMA cross over + crossing a .9 BB + the single SMA is increasing. I will be manually trading this with alerts and once I have LUA down I will set it free with FXCM and see what it can do on it own.
** I use BB as a means of...
Multi SMA EMA WMA HMA 4x3 Moving Averages with Bollinger Bands Pro MTF by RagingRocketBull 2018
This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels.
There are 4 MA groups + 1 BB group. You can assign any type/timeframe combo to a group, for example:
- EMAs 50,100,200 x...
Hey there fellow bollinger band fans!
The main point of this script is to give bollinger bands with a vwma basis rather than a sma basis. It is important to note that the default setting is to average the opening price rather than closing price of previous candles (just my personal preference). Also by default this script shows bands based on one, two and three...
This is a trend based BB scalper. I notice when the trend is fading and the price is going to leave the upper/lower band, the opposite band will stop expanding and turn back. This can serve as a good point for profit taking.
Like my previous force scalper, this scalper also use ATR to filter sideway period. It will provide buy/sell signal only when the price is...
Developed for one of my followers.
The basic idea is that the buy signal is generated by stoch and bb.
However, If price hits the upper line or trend return crossing under midline, the strategy closes the position.
it is simple script.
it just use 2 BB.
and also it show arrow when candle touch upper(or lower) line.
( one person asked me to make this script. this is not my idea. )
i hope you change values by yourself.
2개의 볼린저 밴드를 사용하는 지표입니다.
특별히 독착정인 수식이나 기법은 없지만 2개의 볼밴을 하나의 스크립트에서 사용할 수 있습니다.
그리고 볼밴 위나 아래를 돌파하면 화살표를 보여주어서 편합니다.
( 한분의 요청으로 개발하였으며 저의 아이디어가...
Statistically, Squeeze fires in the direction of strength (Up or Down). By replacing the Rate of Change with Bollinger Band % BB, allows us to easily pick the direction to trade the Squeeze. With the knowledge of Price Pattern, it makes it even easier.
I have identified 4 Setups that works wells with this. I will let you explore and comment. Could possibly...
This type of moving average was originally developed by Dennis McNicholl (Futures Magazine, (October, 1998): "Better Bollinger Bands"). A kind of TEMA. He used it as a centerline of the new bands, called Better Bollinger Bands or DEnvelope. The Better Bollinger Bands is a modification of the well-known Bollinger Bands that has a better response for changes in volatility.