Market Share AnalysisHOW THIS INDICATOR WORKS
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I've been working on this new indicator to compare, for example, BTCUSD with it's market share or market dominance.
Market Share is the Coin's market cap divided by Total Market Cap. For example, Bitcoin Market Share is currently sitting around 45.7 %
Meaning, Bitcoin is around 45% of the total market of cryptocurrencies.
This indicator has different configurations you should pay attention.
1- Output:
- Market Share Change: this is the percentage change for market share from bar to bar moving up and down from a central line.
- Market Share: this is the close price from the market share symbol selected above.
2- Highlight:
- Divergences: Divergences shows the moment when the price rises and the dominance decreases or vice-versa. Divergences has extra config parameters (explained below).
- Rising/Decreasing: This plots a background red color when the market share price is below its MA(20) line and green background when it's above this line.
3- Show Abnormal signs:
This will print a plus sign in the market share chart when the market dominance rises or decreases too fast (Try changing StDev from 2.0 to 3.0)
4- Divergences:
Divergences has extra config parameters. For example, we want the price to rise or decrease 1% to show a divergence with the market share. Otherwise, it's not as important for us. Also, we can accept to consider an abnormal volume in the divergence or not.
HOW CAN WE INTERPRET THIS INFORMATION
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I've noticed when bitcoin rises in market share, it's doing or it's preparing for a Big Move. Usuallyl altcoins are dumping and Bitcoin gains the main attention. Best place to be is BTC.
I've also noticed when USDT.D dominance rises, means a big dump is happening or it's close to happen. The capital flow from different coins to Tether.
I have also observed the Bitcoin dominance divergences show us the moments of panic sell in the market. During those moments of extremely selling pressure, the capital flows from Alts to BTC again gaining market share when the price is dropping hard.
MORE INFO
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This indicator allow us to change the symbol to any other like for example ETH.D. I encourage you to go to ETHUSD pair from your favorite exchange in 4H time-frame and change the symbol from this indicator to match ETH.D to have the Ethereum Market share to compare one next to each other.
You're going to find amazing divergences and rising/decreasing moments. Also, try looking at ETHBTC, and then check for ETH.D dominance. Amazing divergences will appear. I hope these are good signs for you too.
To reference any other symbol rather than BTC.D you can easily change the symbol to any other option like:
BTC.D => Ethereum Market Share
ETH.D => Ethereum Market Share
XRP.D => XRP Market Share
All these tickers are from CRYPTOCAP. So the correct ticker name would be for example: CRYPTOCAP:BTC.D to have the Bitcoin Market Dominance calculated by Trading View.
If you like the indicator, please like and comment below.
Good trades!
布林帶(BB)
LIZ TIME DIMENSION (SMA)Each hourly foot can display the moving average line for the same period of time in the same color.
The average moving line that you want to see is displayed by time leg, as well as the long-term Bollinger band that should be noticed by the time leg.
1. You can get a lot of useful information at a glance by displaying the moving average line of the long-term and period setting that many traders are aware of.
○ The period setting of the moving average line displayed in each time and foot is not fixed as usual, but changed the period by time and foot, and the moving average line of the same color
is the same.
It is a moving average line of time (for example, an hourly average line and a four-hour average line).Therefore, the market price is always the same even if the time to see changes
You can see it on a scale.It doesn't happen when you look at it in five minutes, but when you look at it in four hours, it looks like a downward trend.
○ The sensitivity of the rate to the moving average line displayed is very high.
You can see how rate moves, such as trends, are determined, and you can see reality in abstract chart moves
I can feel it.Purple 24 hours (one day) moving average line with 1 minute to 4 hours of foot, Green 1 week moving average line with 5 minute to day.
The sensitivity to the Blue Monthly Movement Average Line, which is displayed from 5 mins to 5 weeks, and Red One Year Movement Average Line, which is displayed from 1 hour to 5 weeks,
is very high.
Just look at whether the rates are moving up or down the moving average line and you'll be able to decide what to look for.
○ What is the positional relation between the moving average line of seven (eight in addition to the weekly moving average line) in the short, short, medium, medium, long, and long periods?
To make the direction and intensity of the trend easier to recognize, it is colored between moving averages to be visible as short- and medium-term clouds.
The three clouds changed color to warm rising clouds and cold falling clouds, depending on the relation of the moving averages.
·Strong upward trend rates when all clouds are unified in either upward or downward direction and are arranged in the order of short-term, medium-term or long-term clouds
·The thickness of the clouds is strong, and when the thickness is increased, the trend rate is strong.
·Trendless market when clouds overlap or the colors of the clouds are mixed
• Range price when rates are moving back and forth between clouds
You can visually and intuitively understand the market conditions, such as .
○ Short-term, short-term, medium- and short-term positional relationships will indicate the timing of the entry payment and the direction of the long-short.It's also written.
In conjunction with this, the duration for which the background color should be long changes to light warm color and warm color, and the duration for short changes to light cold and cold
color.
2. The long-term Bollinger band is displayed so that you can trade with the higher time base than the time base you see.
○ You can ride on a long-term trend by detecting and entering the trend occurrence of long-term feet with short-term feet.
Buy high prices, sell low prices, relax your trend-follow-style tears, and enable stress-free entries.
○ A light, transparent gray filter is displayed between the long-term foot Bollinger band ±1σ which sets the period suitable for the time and foot.
I understand that while the rate is moving in this zone (called gray zone), it is difficult to trend and the price range is small, so it should not be taken care of.
Yes, you can use this filter to prevent deception when the volatility is not present, and if you are out of the filter, you can use the above sign.
By trading in accordance, you can invest in trend-follow tiles while avoiding losses in range markets.
○ Bollinger bands generally display six of ±1σ, ±2σ and ±3σ, but in this indicator, two are inside ±1σ and two are outside ±3σ.
We have added a total of four bands.The former sets up early entries and the latter sets up new reverse positions, expecting a market shift from overheating.
for tips on how to
○ Expansion period (expansion period) due to characteristics of the Bollinger band is a period when volatility is big for trade, and a squeeze period
(Shrinking period) I understand that the volatility is small and it is not suitable for trade.Also, it's a squeeze period, but it's not
You can seize investment opportunities by making you expect the timing to move from contraction to expansion and by watching.
※Valid time difference by series
1 minute, 5 minutes, 15 minutes, 30 minutes 1 Hour, 4 Hour, Daily, Week (Total 8 Hours)
。This is the top version of the Makenai Chart indicator.
。Bolinger band ±3σ with 200 SMA and 200 SMA as the center band is now displayed in common on each hour leg.
。Changing the setting of the foot short-term moving average line for 5 minutes 15 minutes 30 minutes 1 hour to make the short-term cloud easily twisted and to speed up the trading timing.
。Adding ultra short term and short term clouds, which are much shorter than short term clouds, we responded to the requests of traders who want to deal with the roller coaster market and
cut the profit quickly.
(Select short-term clouds, short-term clouds, and ultra-short-term clouds to be used for entry and settlement according to the trade style and the 'dissociation between price and moving average'
which varies depending on the brand, time, and market value.)
。According to the calculation of another indicator (LIZ ADX+DMI), the background has become gray synchronously for a period of inactivity and non-trading.
(In such a period, it is often difficult to follow the trend because the market price is difficult even for lower-level ones, and often it is difficult to follow the trend.)
·Many indicators are counted in one, so you can also view the free version of your account, which has three indicators to display.
The moving avarage lines are SMA. ( I have another version which has EMA lines.)
If you are interested in the invitation-only indicator, please contact us on private chat.
各時間足で同じ期間の移動平均線が同じ色で表示できます。
時間足によって見たい複数の移動平均線が表示される他、その時間足で意識すべき期間設定された長期ボリンジャーバンドも表示されます。
1.長期間でかつ多くのトレーダーが意識する期間設定の移動平均線が表示される事で
以下の有益な情報を一目で得る事ができます。
○各時間足に表示される移動平均線の期間設定は、通常のように期間を一定にするの ではなく、期間を時間足毎に変え同色の移動平均線は同じ時間の移動平均線
（例えば1時間平均線、4時間平均線というように。）としてあります。
このため、見る時間足が変わっても、相場を常に同じ尺度で眺める事ができます。
「５分足では上昇トレンドに、4時間足では下落トレンドに見える。」
という事が起こりません。
○表示される移動平均線に対するレートの感応度は非常に高く、移動平均線にレ-ト
が差し掛かると抵抗を受け反発したり移動平均線を抜けると、勢いよくトレンドが
発生するなど、レートの動きがどのようにして決まっているかを実感でき、抽象的
だったチャートの動きにリアリティーを感じる事ができます。
特に１分足から4時間足まで表示される紫24時間（1日）移動平均線、5分足から
日足まで表示される緑1週間移動平均線、5分足から週足まで表示される青1ヶ月
移動平均線、1時間足から週足まで表示される赤1年移動平均線に対する感応度は
非常に高く、それぞれの移動平均線の上下どちらでレートが推移しているかを見る
だけで、買い目線売り目線の決定ができます。
○短々期、短期、中短期、中期、中長期、長期、長々期の7本
（週足だけはそれに加え最長期の8本）の移動平均線がどのような位置関係にあるか
によってトレンドの方向と強さが認識しやすいよう移動平均線間に着色し短期雲、
中期雲として意識できるようになっています。
3つの雲は移動平均線の関係によりそれぞれ暖色の上昇雲、寒色の下落雲に色が変わり、
・全ての雲が上昇下落どちらかに統一されで短期雲、中期雲、長期雲という順に並
んでいる時は強い上昇トレンド相場
・雲の傾きがきつく厚みがしっかりしている、厚みが増している時は強いトレンド相場
・雲が重なったり、各雲の色がまちまちの時はトレンドレス相場
・雲と雲の間をレートが行ったり来たりしている時はレンジ相場
など、視覚的直感的に相場の状況が理解できます。
表示が可能な時間足は1分、5分、15分 30分、60分、4時間、1日、1週間（合計8つ）です。
※Makenai Chart Indicator の上位版です。
・200SMA,200SMAを中心バンドとするボリンジャーバンド±3σが各時間足に共通で表示されるようになりました。
・5分15分30分1時間足短期移動平均線の設定を変更し、短期雲がねじれやすくし、決済タイミングを早めました。
・短期雲よりさらに短い、超短期雲・短々期雲を追加し、ジェットコースター相場への対応、早めに利確・損切りしたいトレーダーの要望に対応しました。
（トレードスタイルに応じ、また銘柄・時間足・相場つきによって変わる『価格と移動平均線との解離』に応じ、エントリー・決済に使う短期雲・短々期雲・超短期雲を選択します。）
・別のインジケーター（LIZ ADX+DMI)の計算による、ボラティティーがなくトレードに向かない期間は、同期して背景がグレーになるようになりました。
(LIZ ADX+DMIの詳細はこちらのリンクからご覧になれます。 ）
（そのような期間は下位足でも難しい相場つき、レンジやランダム相場になっている事が多いため、トレンドフォローが難しい可能性が高いです。）
・たくさんのインジケーターが１つにカウントされるため、表示できるインジケーター３つの制限がある、無料版のアカウントをお使いの方も表示できます
移動平均線はSMAです。(EMA線がある別のバージョンがあります)
招待専用インジに興味ある方はプライベートチャットに連絡をください。
Uber Dank CCI + Captain Beefheart Bollinger Bands ExtraordinareIntroducing, the Uber Dank CCI + Captain Beefheart Bollinger Bands Extraordinaire
Its bollinger bands, CCI and CCI Bollinger Bands all in one.
The color of the CCI shows the condition of the bollinger band on chart.
Close > upper band = red
Close > basis = yellow
Close < basis = blue
Close < lower band = green
Then a bollinger band is printed on the CCI itself,
The background color displays the condition of the CCI bollinger band by the same logic as the CCI color.
CCI > upper band = red
CCI > basis = yellow
CCI < basis = blue
CCI < lower band = green
The exclamation marks tell you when the conditions are coming to an end. They check the last two bars to see if both the CCI and the closing price are under their bollinger bands at the same time for at least one of those bars, and they check the current bar that at least one of those conditions has ended. That is why they will most often print two exclamation marks in a row.
MechaAlgoWhat is MechaAlgo?
MechaAlgo was created to assist any type of trader on a day to day basis. Our intelligent and accurate algorithms turn complex charts into profitable plays, minimizing losses and maximizing profits. We hope that you will find use in the tools and resources we provide, and we will continue to improve on our products in order to take your trading to new heights!
Any Time, Any Market
Our indicators work with real time data on any market. This means that any kind of trader will find our tools useful, regardless of what you are trading.
Feature List
Multiple Signal Modes
Numerous Candle Coloring Modes
Reversal Cloud Overlay
Auto Support & Resistance
Auto Trendlines
Auto Profit Targets
Real Time Informational Dashboard
Multi-Timeframe Trend Panel
Future Trend Projection
Many More Features to Come!
By using this script you acknowledge that MechaAlgo cannot guarantee you profit, and that this product was only created in attempt to benefit traders. You also acknowledge that past performance is not indicative of future results, and that the experience of other users or what you see online may not always be your experience.
Zig Lines with Percent & ValueOverview, Features, and Usage:
The Zig Lines with Percent & Value is an indicator that highlights the highest and lowest points of the market from pivot points and zigzag lines based on the ZigZag Period setting. By a default value of 13 for the ZigZag Period this works well on Bitcoin or other alt coins on the 1 hour or higher timeframe charts.
What makes this indicator unique is that it draws a green line to signify an uptrend or a red line to signify a down trend. It will also show the percent difference between the previous point/line, for example: If you see a -negative percentage point with a red line drawn to it, then you are looking at a low pivot point and then as the green line is drawn to a +positive percentage value the percentage you see is the difference between the two points. This is great to see a trend reversal as you can look at previous pivot points and notice about how far the price moves before it changes direction (trend reversal).
There is an invisible EMA line that is used to assist with coloring the negative vs positive values. The value above or below the percentage is the lowest or highest price at that pivot point . The display of the price at the pivot point depends on your ZigZag Period setting and the timeframe of your chart.
Added Bollinger Bands as it fits perfectly with the visuals of the Zig Lines & Pivots.
Usage of Bollinger Bands:
~As the price or candle gets close to the top or bottom of the Bollinger band it can give you a better confirmation that the pivot location is at it's final place, and the trend is more likely to switch directions.
It’s important to know this indicator should not be used for alerts of any type it does repaint as the green or red line is drawing based on live chart data and it can change depending on the direction of the market. This is a great visual tool for trend analysis or to be used with other indicators as a confirmation for a possible good entry or exit position.
Credits ( and consent to use ):
Credits go to user LonesomeTheBlue for creation of this 'Double Zig Zag with HHLL' script.
The addition of the Value above/below the Percentages is from user Noldo and that script is found here:
The Bollinger Bands setup was suggested by user countseven12 and his script that uses the same BB setup is found here:
References:
1. Chen, James. (2021 March 15). Zig Zag Indicator . Received from http: www.investopedia.com
2. Mitchell, Cory. (2021 April 30). Pivot Points . Received from http: www.investopedia.com
Tradingview ToolkitA new trader's biggest barrier to entry is lack of understanding where they are in terms of time and price and with tradingview free they are often limited to just 1 or 2 extra indicators as many new traders slap on RSI and MACD as 2/3 free ones. While these indicators are fine for trend analysis, its important to know where the price is in relation to time. Thus, this all-in-one script is meant to have a lot of customizable utility to save on indicator spots and act as a hotspot for many common needs.
-2 Sets of VWAP line w/ standard deviation bands with customizable timeframes.
-1 more customizable timeframe VWAP line (no std dev bands) to use as a long time frame reference
-Ability to plot previous VWAP close prices over current timeframe on all VWAP lines w/ basic color changing if price closes above/below
-2 Sets of Bollinger Bands with customizable source length and MA type
-3 customizable moving averages with custom timeframe/resolutions
-Inside candle barcolor repainter to easily notice if a candle was inside the range of the previous candle (price contraction)
Not meant to have everything on at once, but simply a place to enable and disable different things and save spots for more important things
Bollinger Bands OscillatorBollinger Bands as a standalone oscillator. Displays all the information of Bollinger Bands but with a handy oscillator to help locate entries. Entries and exits can be found when oscillator leaves the bands.
[EURUSD60] BB Expansion StrategyOverview
This is a strategy that can be used in the EURUSD 60 time frame.
It is a trend-following method that uses Bollinger Bands Expansions.
The idea of using Bollinger Bands expansion is well known to the general public, but I don’t know any strategy that this idea has been PINE coded.
The three main components of this strategy are as follows.
・Long term BB and Short term BB : When the short term BB expands more than the long term BB, it suggests the occurrence of a trend.
・14EMA of 240 t/f : The direction of 14EMA of the upper time frame is used as the trend direction.
・ATR lines : As a stop-loss line and a take-profit line.
Description
Fig. Long entry pattern
Fig. Short entry pattern
・Description of lines
Gray : Large BB (=Long term BB)
White : Small BB (=Short term BB)
Blue or Red line : Upper t/f EMA(default: 14EMA), blue is up-trend, red is down-trend
Yellow : Stop loss line by ATR(the term is 14)
Purple : Take profit line by ATR(the term is 14)
・Description of strategy
First of all, when the small BB expands more than the large BB, this strategy detects the occurrence of a trend.
Second, When the price crosses over or crosses under small BB basis, this strategy entries long or short to trend direction (by upper time frame 14EMA).
The default stop-loss range is three times ATR value, and the default take-profit target is 1.5 times the stop-loss range (=risk reward ratio is 1.5).
Simple Bollinger Bands + 3 EMAWe know that the number of indicators that we can use is limited, that is why with this indicator the Bollinger Bands + 3 EMAs join and be able to use 4 indicators in 1.
Bollinger Bands (BB)
Bollinger Bands (BB) are a widely popular technical analysis instrument created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to security prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (the type of trend line and period can be changed by the trader; however a 20 day moving average is by far the most popular). The SMA then serves as a base for the Upper and Lower Bands which are used as a way to measure volatility by observing the relationship between the Bands and price. Typically the Upper and Lower Bands are set to two standard deviations away from the SMA (The Middle Line); however the number of standard deviations can also be adjusted by the trader.
Exponential Moving Average (EMA)
Moving averages visualize the average price of a financial instrument over a specified period of time. However, there are a few different types of moving averages. They typically differ in the way that different data points are weighted or given significance. An Exponential Moving Average (EMA) is very similar to (and is a type of) a weighted moving average. The major difference with the EMA is that old data points never leave the average. To clarify, old data points retain a multiplier (albeit declining to almost nothing) even if they are outside of the selected data series length.
The 3 EMAs that the Script has, are configured as follows:
Fast EMA (purple) 10 periods.
Slow EMA (blue) 55 periods.
Big EMA (olive) 200 periods.
However, you can configure each one with the color and the number of periods you want.
There are other indicators in the Public Library that have similar functions to this Script, but they all do it in a more complex and less friendly way when configuring it, for this reason we wanted to keep this Script as simple as possible.
[klemenxina] BB% MMABB% based indicator. It tracks the percentage distance between price and its deviations. Using this it shows overbought and oversold levels, signalling a good chance for mean reversion.
Triangles signal a good chance of price changing direction. Meaning green triangle = bull and red triangle = bear.
Script also includes warnings for change of trend when blue diamonds are printed. These indicate a deviation of the indicator baseline (BB%).
For the BB baseline, there are 7 options. When the testing is finished I will eliminate the bad ones.
The indicator works on all timeframes and has inputs for MA lengths, a different input for Hull MA variants and bb% deviation length.
Colouring options include a single colour, position colour which colours the baseline depending where it stands on the scale(+-50) and trend colour that uses trend detection for baseline colouring (red = bear, green = bull)
Script also includes divs.
Users can change the TF of the indi.
If you have any improvement ideas MSG me.
Advance AMA with Sylvain BandsMany traders believe that the moving averages are favorite tools and analysts have spent decades trying to improve moving averages partiularly the simple moving average. One way to address the disadvantages of moving averages is to multiply the weighting factor by a volatility ratio which is called Adaptive moving averages.
This indicator uses an special adaptive moving averages which is developed by John Ehlers. The model adapts to price movement “based on the rate change of phase as measured by the Hilbert Transform Discriminator”. This method of adaptation features a fast and a slow moving average so that the composite moving average swiftly responds to price changes and holds the average value until the next bars close. In addition, the smoothed Volatility Bands were created by Sylvain Vervoort is included.
TA Presets - BB-20-1-LBThis is a near identical drop-in replacement for the 3commas TA Presets - BB-20-1-LB signal. Since you can not get this signal unless you are using Binance.com, I needed to produce my own for use with other exchanges. You are free to use this strategy yourself. It will always remain publicly available for free as there are no special tricks here, just your basic Bollinger Band strategy.
Known Issues and Limitations:
Trailing take profits are currently not supported for back testing -- You can still use them on a bot that uses this signal to trigger deal starts, just don't expect the performance of the bot to be the same as what's in the backtest if you do.
Only simple bots supported (no composite bot support yet)
Instructions
The options in the configuration screen are the same as they would be on the bot configuration screen. You can use the back testing screen to get a general idea of how the bot should perform on a given coin pair. Once you have the settings how you want, set the "Bot ID" and "Email Token" fields. to match those used in the deal start message for your bot. Do not include quotes around either of them. Your bot ID should just be a string of numbers and your email token will be a string of letters and numbers separated by hyphens. Once you enter these in to the settings, you can create your alert. Select "BB-20-1-LB" from the dropdown on the alert screen and type {{strategy.order.alert_message}} in the text box (NOTHING ELSE, NO QUOTES, NOTHING). That's it, the script will generate the rest of the deal start message for you automatically.
Important Notes
This may go without saying but make sure that you are using the chart for your exchange when setting this up to control a bot. While it may look like prices are the same across the different exchanges, subtle differences in volatility and trading volume WILL make a difference and your bot WILL NOT perform as shown on the back test.
Better BollingersThe Bollinger Band strategy is a powerful and effective tool for automated trading in high volatility markets. The trouble is that, by itself, it is not very profitable. We need a way to know if the volatility we're seeing is part of a larger trend in the direction we want to trade in. Doing this, we can avoid entering long trades during a macro downtrending market meaning we can use tighter stop losses and open trades with more confidence than if we didn't have an idea of the larger market trend.
This script is ideal for, and geared towards, users of the 3commas automated trading platform. It behaves similarly to the familiar TA Presets BB-20- family of strategies but includes other indicators to help weed out some of the noise in a highly volatile market. Additionally, users who are not on Binance.com, but using 3commas for trading, now have access to signals comparable to those provided by the builtin signals for Binance.com.
Bollinger Bands Double - TradingEDThis case study is based on a previous Bollinger Bands study, but with two different counts to compare different trends. The use of this indicator is restricted to private use and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by any type of trading operator of any experience level, from beginner to intermediate and advanced.
Key components of the original indicator:
• The Bollinger Bands are a technical analysis tool developed by John Bollinger to generate signals of overbuying and overselling.
• There are three lines that compose Bollinger Bands: one Simple Moving Average (middle band) and an upper and lower band.
• The Upper and Lower Bands are typically used with 2 Standard Deviations +/- of a 20-day Simple Moving Average (or 20 candles) but can be modified.
The use of Bollinger Bands is based on the concept of mean price reversal, assuming that if the price deviates from the Moving Average it will eventually return to the mean price. As recognized by its creator: John Bollinger, "the touches of the bands are just that, touches, not signals" .
So, a touch from the top is not in itself a sell signal and vice versa, a touch below should not be a buy signal either. A trader must look at the general direction of the price and then only take signals that align with the trend. For example, if the trend is down, you should only consider short positions when the lower band is indicated, and in case of an uptrend, take only long positions.
Another important point in the use of this indicator is that the bands will expand and contract as the Price Action becomes volatile (expansion) or is limited in its trading pattern (contraction). After a strong rise or fall in the trend, the market may consolidate, trading closely and crossing over and below the Moving Average until defining a new course, or continuing with the previous direction.
Main functions of this modified indicator:
1) You can select the type of MOVING AVERAGE , among many available options (SMA, EMA, DEMA, HMA, etc.)
2) The SOURCE for the count can be determined by the trader (close, open, etc).
3) The MEASURE can be based on a CANDLES count if you are trading OHLC Charts from 1D onwards, or if your trading is intraday, you can also select counts by MINUTES , HOURS or DAYS , depending on your trading style.
4) LENGTH , by default it will be loaded as 20 but considering the previous point, you can modify it according to your convenience.
5) STANDARD DEVIATION , by default it will come loaded with 2 deviations, but you can modify it according to your convenience to operate.
6) You have the option to hide or show a LABEL at the top of the chart, with respect to the signals: bullish green, bearish red.
7) You have the option to hide or show SIGNALS based on the MOVING AVERAGE that you have previously chosen.
8) You have the option to hide or show SIGNALS based on the STANDARD DEVIATION that you have previously chosen.
Main functions to customize the style of this indicator:
a) You can select the colors for the UPPER BAND , MOVING AVERAGE and LOWER BAND depending on the trend, whether it is BEARISH or BULLISH , with the colors that best suit you. *
b) When you have a SHORT SIGNAL or a LONG SIGNAL , you can change the EMOTICON that comes by default. **
c) For any type of SIGNAL , it is painted as a VERTICAL LINE in the graph, you can change the color that comes by default. *
d) In the case of the LABELS that appear at the top, the text is not modifiable, but you can customize both the type of label and change the default color. *
e) You can select the colors for the BACKGROUND of the indicator according to the trend, whether it is BEARISH or BULLISH , with the colors that best suit you. *
* By default, they are marked as red for downtrends and green for uptrends.
** By default, they are marked with an emoticon indicating the possible direction of the price, down if it is bearish or up if it is bullish.
Bollinger Flip Flop StrategyThis strategy combines both long and short Bollinger band strategies with a signal to determine to determine when it's appropriate to use each. Additionally, the strategy has protections in place for market conditions which would normally cause a trade to be stuck due to a long market trend change. Think of it like a stop loss but instead of basing the stop on a percentage from entry, it's based on prevailing market conditions.
This strategy is ideal for controlling trading bots on the 3commas.io platform. To do this, you will need to set up two "simple" bots, one for short trades and one for long trades. Other than their direction, they should be configured identically. Set the parameters for the bot the same as you have them set in the strategy preferences. Once you've done this, set the "Short Bot ID" and "Long Bot ID" fields to the ID numbers for each bot, respectively. Next, set the Email Token parameter (this will be the same for both bots). Once you've done this, you need only configure a single alert per coin pair with the alert message set to {{strategy.order.alert_message}}. Make sure you have all of the strategy settings, including bot IDs and email tokens set correctly before creating the alert . These parameters are saved in the alert and can be safely changed on the active chart once the alert is created without affecting the alert.
HARSI - HeikinAshi RSI (with Bollinger Bands)This is my first published script. I hope it might be useful!
This is a modified RSI that attempts to give smoother values. It takes 4 different input lengths and plots them in a similar way as Heikin-Ashi candles does.
It can be used in the same way as a regular RSI.
It also includes Bollinger Bands that might help identify overbought/oversold situations.
The script uses a slightly modified Allanster's 'Heikin Ashi source function' (many thanks for that very useful script!).
Bollinger Bands + Volume (Version.1)Bollinger Bands + Volume (Version.1)
This is just version 1, "version 2 ,version 3,version 4" are coming, which are better than this version.
- This indicator used the volume with Bollinger Bands.
- This indicator generates BUY and SELL signals.
- Whenever price will touch the upper band and if the buying volume is low and the selling volume is high Then it will give SELL signal.
AND
- Whenever price will touch the lower band and if the selling volume is low and the buying volume is high Then it will give BUY signal.
Hull MA with BB (With Alerts)This is a combination of the standard Bollinger bands with a VWAP(Pink line), and the 'Hull Trend with Kahlman' script by user capissimo, and the NMA (Moving Average 3.0 (3rd Generation)) script by everget.
You can find the original scripts here:
This indicator gives you several confirmations of a good entry and exit positions for Crypto currency like bitcoin and most alt coins. I use this on a 15min, 30min, 1hour, and 4hour chart for best results.
How to use:
Entry Signals:
-A candle closes above the NMA (Yellow Step Line). AND
-You see a Long (text) flag. AND
-The candles are near the bottom of the Bollinger bands and heading upwards.
Exit Signals:
-Candles have passed below and closed below the NMA (Yellow Step Line). AND
-You see a Short (text) flag.
It's important to use these confirmations with other indicators so you have the best entry/exit positions, and make sure you are on normal candles and not HA or any other types.
There are alerts built in that you can setup for the Short and Long text flags that you see. These are generally good alerts to follow. I use the alerts as a reminder to check the charts and see if my other indicators line up for a good trade.
Easy Entry/Exit Trend Colors (With Alerts)This is an updated version of user Algokid's script called 'AK MACD BB INDICATOR V 1.00'. You can find that original script here:
I added many alerts along with the Bullish and Bearish alerts when the MACD crosses over the Upperband or crosses down on the Lowerband.
I personally use this indicator with Crypto charts (Bitcoin on a 15min, 1hour, and 4 hour timeframe) as one of many confirmations that it's a good time to enter a trade. This script was made to be easy to follow with the colors of GREEN triangles being a good uptrend or entry confirmation, and RED being a confirmation to sell/short or exit your trade.
It's important to use this indicator in combination with other indicators that can give you more confirmations to enter or exit a trade, and make sure you are on normal candles and not HA or any other candles as you can get wildly inaccurate results.
This script also has the Death & Golden crosses, which is the slow and fast moving averages crossing over each other. I don't use this as an additional confirmation, it's just nice to know where the cross happens.
Bollinger Band + RSI + ADX + MACD + HeikinashiThis script takes into picture Bollinger Bands, RSI with a comparator value, ADX with a comparator value, and MACD with Heikinashi Direction
THIS IS A LONG-ONLY STRATEGY. SHORT TRADES ARE NOT INCLUDED
Strategy:
The Strategy takes a trade only after ALL the following conditions are met.
Candle low is lower than the Bollinger Lower band
RSI is higher than the comparator value
ADX is higher than the comparator value
MACD value is higher than the Signal value
Stop Loss : Max of (Low of the candle - 0.22% and Close of the candle - 0.32%) - FYI, because its max, it's lower of the 2 and your risk is lesser
Target : Max of (Bollinger Band Upper band and 0.75% of the value of underlying) - FYI, it takes the maximum available
Triple Bb* Triple Bb display maximum 3 Bollinger Bands and each bands could be easily adjust.
* Each Bands Adjustable:
1. Source
2. Period
3. Standard Deviation
4. Color
5. Width
6. Show / Not Show
Smoothed Volatility Bands [CC]The Smoothed Volatility Bands were created by Sylvain Vervoort (Stocks and Commodities Sep 2020 pg 19) and this is a heavily customized version of regular Bollinger Bands that take volatility into account. Feel free to change the moving average since Vervoort recommended trying that out. Buy when the indicator line turns green and sell when it turns red.
Let me know if there are any other indicators you want me to publish!
Value RangeHere is another attempt to chase value based on technical analysis.
This is extended version of PE range script published earlier.
Instead of just PE, this script contains several other factors which defines value. You can chose which factor to look at from input dialog:
Possible value factors included in this script are:
Price to Earnings
Price to Sales
Price to Book
PE - Forwarding
PS - Forwarding
Price to Cashflow
Enterprise Value to EBITDA
Enterprise Value to Cashflow
Some of these can be added to chart directly from financials. But, the script also calculate range based on donchian channel or bollinger bands. Instead of short periods, we are looking for periods in terms of years. Rest of things remain same.
