Channel SurfingThis is my Channel Surfing indicator. It fires Buy and Sell signals based on multiple conditions. You can use EMAs or LSMAs. You will have to check the box of which moving averages to use once you add it to the chart. It plots EMAs or LSMAs using the different sources Close, Low, and High as the channel to surf. It fires a Buy signal if price crosses the channel up and if there is a pullback into the channel followed by a breakout to the upside. It fires a Sell signal if price crosses the channel down and if there is a pullback into the channel followed buy a breakdown to the down side. I find it works great on the 5 minute SPY chart and the 1 minute chart of ES with the default settings when scalping. You are able to switch between 2 different channels using LSMAs or EMAs. The EMAs has an optional LSMA slope filter for getting rid of some false signals. Let me know if you guys find any other settings or ways to use this and as always I hope it helps.
Bands and Channels
Bollinger Bands Width and Bollinger Bands %BThis script shows both the Bollinger Band Width(BBW) and %B on the same indicator window.
Both the BBW and %B are introduced by John Bollinger(creator of Bollinger Bands) in 2010.
Default Parameter values: Length = 20, Source = Close, Mult = 2
Bollinger Bands Width (BBW): Color = (Default: Green )
- I consider stocks with "BBW >= 4" are at a volatile state and ready for price contraction, but this depends on the parameter values of your choice.
Bollinger Bands %B (%B): Color = (Default: Blue )
1. %B Above 10 = Price is Above the Upper Band
2. %B Equal to 10 = Price is at the Upper Band
3. %B Above 5 = Price is Above the Middle Line
4. %B Below 5 = Price is Below the Middle Line
5. %B Equal to 0 = Price is at the Lower Band
6. %B Below 0 = Price is Below the Lower Band
MA 6 Ribbon-Bollinger BandSix Moving Averages and Bollinger bands are mixed into a single indicator, just to help trading all in one
Envelope and MAEnvelope and MA is an indicator based on Nadaraya-Watson Envelope by LuxAlgo, Moving Average by TradingView and SSL Hybrid by Mihkel00. This indicator is easy to understand and give us clear entry and exit position also tell us the overbought and oversold level.
Moving Grid Trader - With AlertsThis script used a grid system that is set when a "buy" signal is sent to generate profits inside of a range. This script used macd to weed out bad buys and then sells once the price either reaches the grid - or hits the stoploss. This works best in bullish and ranging markets.
100400 Scalping PullBack Tool R1.1100400 Scalping PullBack Tool R1.1
The following tool smooths the price data using the Nadaraya-Watson estimator, a simple Kernel regression method. We make use of the Gaussian kernel as a weighting function.
MA20 Hi-Lo-Close Magic BandThis is an improvement over my previous MA20 High Low Magic Band, as it keeps a central 20 MA reference point. So it can help find the up from MA20 lows and down from MA20 highs resisted or supported by MA20 average before final entry. Usable in any time frame of choice - 15m, 30m, Hourly or Daily. In the Hourly / Daily time frame, the signal used with the volume data may work in 6/10 events or more ... Happy trading!
SPX Fair Value BandsThese are based on Darius Dale and Max Anderson's Net Liquidity model.
This is intended for use with the $SPX chart.
MTF MA Ribbon and Bands + BB, Gaussian F. and R. VWAP with StDev█ Multi Timeframe Moving Average Ribbon and Bands + Bollinger Bands, Gaussian Filter and Rolling Volume Weighted Average Price with Standard Deviation Bands
Up to 9 moving averages can be independently applied.
The length , type and timeframe of each moving average are configurable .
The lines, colors and background fill are customizable too.
This script can also display:
Moving Average Bands
Bollinger Bands
Gaussian Filter
Rolling VWAP and Standard Deviation Bands
Types of Moving Averages:
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Smoothed Moving Average (SMMA)
Weighted Moving Average (WMA)
Volume Weighted Moving Average (VWMA)
Least Squares Moving Average (LSMA)
Hull Moving Average (HMA)
Arnaud Legoux Moving Average (ALMA)
█ Moving Average
Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time.
A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance.
█ Bollinger Bands
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, 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.
█ Gaussian Filter
Gaussian filter can be used for smoothing.
It rejects high frequencies (fast movements) better than an EMA and has lower lag.
A Gaussian filter is one whose transfer response is described by the familiar Gaussian bell-shaped curve.
In the case of low-pass filters, only the upper half of the curve describes the filter.
The use of gaussian filters is a move toward achieving the dual goal of reducing lag and reducing the lag of high-frequency components relative to the lag of lower-frequency components.
█ Rolling VWAP
The typical VWAP is designed to be used on intraday charts, as it resets at the beginning of the day.
Such VWAPs cannot be used on daily, weekly or monthly charts. Instead, this rolling VWAP uses a time period that automatically adjusts to the chart's timeframe.
You can thus use the rolling VWAP on any chart that includes volume information in its data feed.
Because the rolling VWAP uses a moving window, it does not exhibit the jumpiness of VWAP plots that reset.
Made with the help from scripts of: adam24x, VishvaP, loxx and pmk07.
Auto Keltner ChannelsThis version of Keltner Channels take measures the average volatility. By taking the 75th percentile of the average absolute value of the difference between the Source and the Mean divided by the True Range and using that as our multiplier for our Keltner Channels we can have a statistically safe trading zone. You notice that its dynamic, this is because it take into account the real volatility levels of a window and uses that to determine an appropriate multiplier. As always I hope you enjoy this release.
BB Signal v2.1 [ABA Invest]About
This signal appears based on 2nd candle break out of Bollinger Bands (called Momentum) with additional EMA 50 and EMA 200 as trend filters. so the concept is to take advantage of candle breakout by following trends.
How to use
Buy: When signal 'Buy' appears (following trend of upper timeframe)
Recommended stop loss: previous swing low
Sell: When signal 'Sell' appears (following trend of upper timeframe)
Recommended stop loss: previous swing high
Rules
1. use a good risk-reward ratio (minimum 1.5)
2. Please do backtest before using this signal
3. Don't always take every signal (must know when to stop)
Z Bollinger BandsThis version of Bollinger Bands measures the average volatility. By taking the 75th percentile of the average absolute value of the difference between the Source and the Mean divided by the Standard Deviation and using that as our multiplier for our Bollinger bands we can have a statistically safe trading zone.
You notice that its dynamic, this is because it take into account the real volatility levels of a window and uses that to determine an appropriate multiplier. As always I hope you enjoy this release.
[fpemehd] SSL Baseline StrategyHello Guys! Nice to meet you all!
This is my third script!
This Logic is trend following logic, This detects long & short trends based on SSL Hybrid Baseline.
This fits to the longer time frame like 4hr and 1d.
### Long Condition
1. close > SSL Hybrid baseline upper k
- Baseline is the ma of close price. (You can choose ma type and length)
- Upper k is the upper Keltner Channel.
### Short Condition
1. close < SSL Hybrid baseline lower k
- Baseline is the ma of close price. (You can choose ma type and length)
- Lower k is the lower Keltner Channel.
### Etc
1. Added Stoploss based on highest high or lowest low with lookback.
2. Strategy Template is based on @kevinmck100 template. Thank you!
Balgat EkibiBands are calculated with the std error and variance of the price actions. So if price cross up or cross down the variance bands, you could expect a reversal movement.
So if price cross up with the bands and after that there is a reversal candle movement, a short position could be taken.
If price cross down to the bands and after that there is a reversal candle movement, a long positon could be taken.
All risk management and money management is up to you.
GBT TunnelThis is a channel type tool I created, heavily influenced by LazyBear COG Fibs script and the COG Fibs script by Joy_Bangla which also uses LazyBear COG Fib logic. All credit to those guys, publishing this open source as well since its nothing here is my original work really.
