This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.
Our seventh one we are automating is the "Magic MACD Indicator: Crazy Accurate...
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...
In this strategy, 15 indicators are used, each giving its results as a numerical value, which then is added or subtracted from the total points, gathered from all 15 indicators.
Many thanks to RafaelZioni for his great work making the EasySys1 script which i modified to create this script.
Onchart is drawn some of the indicators, but not all, a info panel is...
Didi's Needles setup screener
I basically used the screener created by QuantNomad , made some modifications and used the indicators from the setup
Didi Index, ADX, Bollinger Bands, Trix and Stochastic.
Signals from each column:
Blue Symbol: When the Didi, ADX and BB are with buy signals
Yellow Symbol: When Didi, ADX and BB...
Simple histogram, showing Squeeze of Bollinger Bands.
Usage is simple - when price is in Squeeze, no entries in any direction. For using with Bollinger Bands indicator, including binary options.
Простой индикатор, наглядной отображающий стадию Сжатия лент Боллинджера.
Простой в использовании - когда цена в Сжатии - не входим в сделку. Особенно...
This script is a combination of the RSI, QQE and BB
Here is an explanation on how I combined them, and how they are used:
- RSI (Relative Strength Index)
- Display a smoothed version of the RSI to identify "oversold" and "overbought" market phases
- Used to calculate a QQE
- QQE (Quantitative Qualitative Estimation)
- Used to identify trend...
Sideways detection indicator using Bollinger bands .
In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend.
If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or...
Hello my fellow investors,
After hours of reading, backtesting, and YouTube video watching I discovered that EMA, VWAP, BB, MACD, and STC produce the most consistent results for investment planning. This strategy allows you to pick between the aforementioned indicators or layer them together.
It works on the pricipal of:
1) Always follow the market trend -...
It is an indicator that simultaneously displays the Bollinger Bands (BB) and Keltner Channel (KC) calculated for the log scale.
* If you need the normal scale version, please turn off the log mode in the settings.
I think the usage is the same as normal BB and KC.
From here, it ’s an original way of thinking.
I thought about countermeasures for the phenomenon...
This indicator marks what is known as the BB system - Marks on your chart the premarket high and low, current intraday high and low and yesterday's high and low. For the style of the line you can only change the colour, if you make the line a different style it shouldn't show up because if it did it makes the lines ugly.
Pick and select which levels you would...
I merged some of my previous written indicators, because a combination of multi-timeframe Bollinger Bands, RE RSI and Resistance/Support levels could help a lot.
Don't forget to add my other useful indicator (Classical SnR) to the chart to maximize your profit!
We have just released an innovative strategy for TradingView. It allows you to identify price pivot points and volatility.
This strategy is:
Equipped with Bollinger Bands and smoothed ATR to measure volatility
Thanks to the BB Fibo strategy, you can:
Trade stocks and commodities.
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...
I don't expect to iterate any further on this script, unless any weird issue crops up.
Description and usage detailed in the comments at the top of the script. Cheers!
To repaint or not to repaint, all the relevant sources are exposed as inputs for customisation - so the choice is yours.