OPEN-SOURCE SCRIPT
Mis à jour Double Bollinger Bands MTF and Price projection
I did this script because I wanted to project prices over future bars quickly because I am a options trader.
Options:
Time frame: Default is Chart
Some times I prefer using 15 m with period 200 on a daily chart in a fast moving market. But you can chose what suites you
BB inner deviation 1 is default
When BB inner deviation=1 the outer will be 2X if its 0.5 outer will be 1
Moving Average type : Default EMA
Project next bar in label Default is off
This will calculate a linear projection of price of each band for the number of bars requested and print them in the label. It does not plot the future values
Using: in a trending market the prices will be generally be between band1 and band 2
and other times between -band1 and +band1. The projection can assist in optimal option strategy. Also in a fast moving market I would use 10 period ema for accurate price projections and others 20
Options:
Time frame: Default is Chart
Some times I prefer using 15 m with period 200 on a daily chart in a fast moving market. But you can chose what suites you
BB inner deviation 1 is default
When BB inner deviation=1 the outer will be 2X if its 0.5 outer will be 1
Moving Average type : Default EMA
Project next bar in label Default is off
This will calculate a linear projection of price of each band for the number of bars requested and print them in the label. It does not plot the future values
Using: in a trending market the prices will be generally be between band1 and band 2
and other times between -band1 and +band1. The projection can assist in optimal option strategy. Also in a fast moving market I would use 10 period ema for accurate price projections and others 20
Notes de version
I did this script because I wanted to project prices over future bars quickly because I am a options trader.Options:
Time frame: Default is Chart
Some times I prefer using 15 m with period 200 on a daily chart in a fast moving market. But you can chose what suites you
BB inner deviation 1 is default
When BB inner deviation=1 the outer will be 2X if its 0.5 outer will be 1
Moving Average type : Default EMA
Project next bar in label Default is off
This will calculate a linear projection of price of each band for the number of bars requested and print them in the label. It does not plot the future values
Using: in a trending market the prices will be generally be between band1 and band 2
and other times between -band1 and +band1. The projection can assist in optimal option strategy. Also in a fast moving market I would use 10 period ema for accurate price projections and others 20
It now prints dots at projected bars and price for visuals
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.