Welcome to this lesson on Trading View, where we will be learning how to create a Bollinger Band indicator using Pine Script.
Bollinger Bands are a popular tool that helps measure an asset's volatility and identify potential trends in price movement. Essentially, the indicator consists of three lines: a middle line that's a simple moving average (SMA), and an...
Technical indicators are mathematical calculations based on an asset's price and/or volume that are used to analyze market trends and identify potential trading opportunities.
📍Trend indicators:
These indicators are used to identify the direction of the market's trend over a given time period. Some popular trend indicators include moving averages, trendlines,...
This one is for anybody looking to try a new consistently solid strategy with multiple intuitive indicators setup that is not automated - yet.
But, since the strategy part of this setup relies mostly on a simple but effective BBands strategy (I've found best results with 15m), it shouldn't be that hard to get automation setup.
As it is now, the indicators...
Probably one of the most difficult things you can do in a Bear Market is BUY. Especially when we are seeing aggressive selling like this. This is the type of market where every time you try and long, you lose money.
There's little point buying a falling knife UNLESS you are really good at it, because this current market is breaking every single type of support...
Starting from an inbuilt indicator, I played with the options available to get a personal and upgraded indicator.
The idea is to use the power of the indicator and customize it to get a more visual result.
I've played with the settings to make it more sensitive ..
Added a MA for each Di lines ..
Played with the layers to make it more visual ..
From there...
How to avoid BAD trades, and using the TT Price/Trend Indicator, paired with the TT Volume Indicator to make a decision on whether to take the trade or avoid.
As per the description on my indicators, you must only:
- LONG/BUY if the slow moving line on the Volume Oscillator is ABOVE the Blue trendline.
- SELL/SHORT if the slow moving line on the Volume...
The DeMarker indicator, also known as DeM, is a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's equivalent price to measure the demand of the underlying asset. From this comparison, it aims to assess the directional bias of the market. It is a member of the oscillator family of technical indicators and...
