Edit of LazyBear's CCT Bollinger Band Oscillator. Includes changing the scale from 0-100 to 0-1, default length to 20 and line width to 1 to further match BB %B and address some middle line inconsistencies at certain zoom levels
Basic Bollinger Bands implementation, with the option to use an exponential moving average and a more accurate stdev function than the builtin. This also includes two extra MA lines which can be tuned as you like, to reduce the number of indicators needed (the bollinger basis is also a moving average, so in total you get 3MA out of this indicator). This draws an...
I was curious to see what Pine uses to accumulate numbers. It looks like it uses the simple "add em up" approach, rather than a compensated summation. This means that especially for large numbers, there is an inherent error amount. This script implements the Kahan Summation Algorithm, also known as compensated summation. en.wikipedia.org This is part 2 of my...
While trying to figure out how to make the STDEV function use an exponential moving average instead of simple moving average , I discovered the builtin function doesn't really use either. Check it out, it's amazing how different the two-pass algorithm is from the builtin! Eventually I reverse-engineered and discovered that STDEV uses the Naiive algorithm and...
0, 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 lines drawn. Easier to see on dark theme. Added bubble indicators to show when price goes above 70 or below 30.
Using Friday's GXBT close price do the following: - Go short when price rises above 4.5% - Go long when price falls below 4.5% - Close all orders when profits reach threshold (default 3%) - Close all orders start of Monday Default leverage is 1x
Bollinger Bands shown with a horizontal basis, to make it easier to see how volatility is changing and identify squeeze opportunities. There is a histogram (purple) which shows how the basis is changing, and a price line (yellow) showing the location of the price within the bollinger bands. It is tuned to 2 STDEV, but shows the area within 1 STDEV a different...
I have writed this Indicator as one exercise to show how to create one function to get any value from one Time Frame above of current Time Frame. You can use freely this code on your custom scripts.
GetTrendStrategy but much much much faster, and much more productive. Works perfect on 1m charts (YaroslavG)
This is an experimental study designed to identify underlying price activity using a series of Laguerre Filters. Two different modes are included within this script: -Ribbon Mode - A ribbon of 18 Laguerre Filters with separate Gamma values is calculated. -Band Mode - An average of the 18 filters generates the basis line. Then, Golden Mean ATR over the specified...
This strategy combines the idea of a bullish or bearish candle engulfing coupled with standard deviation (a 100% increase or a 50% decrease). The exit condition is placed if the percentage increase is achieved or 35<rsi<65. The strategy requires refinement so please test the script and let know what can be incorporated to improve the efficiency.
Highlights wide ranging days with a circle underneath them. A wide ranging day is defined as where it's true range is greater than twice (configurable by changing input K) the average true range of the preceding 15 days. (Configured by changing the ATR lookback input) Enjoy!
Bollinger Bands only Piramiding!!! For: - any crypto - timeframe: 1min, 3min, 5min, 15min, 30min, 1h, 2h
This current strategy is just using a momentum indicator. I plan on researching cryptocurrencies and looking for ones with big upcoming news then using an RSI to spot a breakout and jump in to ride it up to the moon. I am currently trying to incorporate the volatility stop into this strategy but I'm not really sure how to go about it. I basically just want the...
Stock market moves in a highly chaotic way, but at a larger scale, the movements follow a certain pattern that can be applied to shorter or longer periods of time and we can use Fractal Chaos Bands Indicator to identify those patterns. Basically, the Fractal Chaos Bands Indicator helps us to identify whether the stock market is trending or not. When a...