Jackrabbit.modulus.BollingerBands
This is the Bollinger Bands indicator for the Jackrabbit suite and modulus framework.
This indicator supports differential timeframe analysis and confirmational bias. Dynamic timeframes are supported.
This is a complete reconceptualization of the Bollinger Bands. Bollinger Bands typically center around a central median. This version allows the upper and lower boundaries to have their own source and it maintains perfect polarity even when the lower boundary is above the upper boundary. The upper and lower medians can have independent moving averages, as can the smoothing averages for the upper and lower boundaries. This algorithm support 4 different moving averages in total.
The main indicatior and the confirmational indicator can both be individually tuned for the fast, and slow moving averages with different and independent lengths and 27 different moving average types:
SMA, Double SMA, Triple SMA,
EMA, Double EMA, Triple EMA,
WMA, Double WMA, Triple WMA,
VWMA, Double VWMA, Triple VWMA,
Hull, Double Hull, Triple Hull,
ZLEMA, Double ZLEMA, Triple ZLEMA,
SWMA, Double SWMA, Triple SWMA,
SSMA, Double SSMA, Triple SSMA,
SMMA,Double SMMA, Triple SMMA
All moving averages can also have their own source input: Open, Close, High, Low, HL2, HLC3, and OHLC4
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.
Buy/Sell alerts are produced by the main Jackrabbit script, or the modulus AlertSystem script. This script is not designed or meant to function outside my framework and contains no alert capabilities.
By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
This indicator supports differential timeframe analysis and confirmational bias. Dynamic timeframes are supported.
This is a complete reconceptualization of the Bollinger Bands. Bollinger Bands typically center around a central median. This version allows the upper and lower boundaries to have their own source and it maintains perfect polarity even when the lower boundary is above the upper boundary. The upper and lower medians can have independent moving averages, as can the smoothing averages for the upper and lower boundaries. This algorithm support 4 different moving averages in total.
The main indicatior and the confirmational indicator can both be individually tuned for the fast, and slow moving averages with different and independent lengths and 27 different moving average types:
SMA, Double SMA, Triple SMA,
EMA, Double EMA, Triple EMA,
WMA, Double WMA, Triple WMA,
VWMA, Double VWMA, Triple VWMA,
Hull, Double Hull, Triple Hull,
ZLEMA, Double ZLEMA, Triple ZLEMA,
SWMA, Double SWMA, Triple SWMA,
SSMA, Double SSMA, Triple SSMA,
SMMA,Double SMMA, Triple SMMA
All moving averages can also have their own source input: Open, Close, High, Low, HL2, HLC3, and OHLC4
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.
Buy/Sell alerts are produced by the main Jackrabbit script, or the modulus AlertSystem script. This script is not designed or meant to function outside my framework and contains no alert capabilities.
By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
Versionsinformation:
Added a None specifier to the moving averages for raw price action.
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Buy/Sell signals now generated by the crossing of the price action against the upper/lower boundary.
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Added RMA, Double RMA, Triple RMA to the list of moving averages.
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Added support for traditional Bollinger above/below upper/lower boundaries.
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An indentifier is now available to listing advanced notes
Keep bars buy/sell and Inverted signals can now be selected for the main and confirmation indicator independantly of each other.
This module is now capable of generating EITHER/OR buy and sell signals.
If you set this module to generate ONLY buy signals for example, sell signals from the previous module are simply passed through to the next module. Opposite holds true if you set theis module to generate sell signals only.
Keep bars buy/sell and Inverted signals can now be selected for the main and confirmation indicator independantly of each other.
This module is now capable of generating EITHER/OR buy and sell signals.
If you set this module to generate ONLY buy signals for example, sell signals from the previous module are simply passed through to the next module. Opposite holds true if you set theis module to generate sell signals only.
Versionsinformation:
Maintenance update to address memory issues.
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Maintenance update #2: look back set to 3000 candles.
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BUG fix: Signal direction now fixed. Buying or Selling now work independently.
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Inconsistency fix: In the IoI framework, the head od the chain is no longer required to "prime" the signal line with buys and sells.
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Signal line expansion to manage buy/sell only scripts within the IoI framework. Added redundancy checks for future expansion and verification.
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Added directional trading to the Combine IoI state.
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Unusual and rare "Twilight" case conditionals added to IoI framework.
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Added ability to select historic or live data.
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Updated realtime/historic data algorithm for improved accuracy and effeciency.