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Super Bollinger Bands

4.14

This is a forward-looking indicator for trading on all instruments. An advanced version of Bollinger Bands indicator created by outstanding analyst John Bollinger. One of the main differences of Super Bollinger Bands indicator from its predecessor consists in displaying upper and lower bands behavior on the middle line with some specific colors. Thus, the indicator gives a trader some visual information about trend development at the moment, and not in the past, as majority of other indicators do. It supports sending notifications by email and also as alerts.

The indicator shows the direction the price will move, and is a forward-looking to a certain extent. It also informs about moments of movement damping allowing the trader to timely orientate himself or herself and exit the market before the movement changes. When you use the Super Bollinger Bands indicator, you don't have to look at bands all the time, as their behavior is sufficiently described by the middle line.


Indicator parameters

Bands Settings

  • bb_period - bands period (20)
  • bb_dev - bands deviation (2)
  • bb_shift - shift (0)
  • bb_price - apply calculation to (Close Price)

Super Bollinger Bands Settings

  • mode_ma - moving average drawing mode. Full drawing - full drawing regarding a trend direction and a direction of bands movement. Simple drawing - regular drawing regarding a trend direction. (Full drawing)
  • draw_bb - show/hide bands. true - show bands. false - hide bands. (true)
  • cmp_dev - acceptable error to compare characteristics in the process of drawing (0.0001)

If you increase the cmp_dev parameter, the drawing will be less sensitive; if you decrease this parameter, the indicator will draw a lot of false signals. It is recommended to set the parameter depending on the band settings and price movement.

Configuring Notifications

  • signal_bar - bar to receive the signal for sending notifications (Zero bar)
  • send_mail - true means receiving signal alerts by email
  • send_mail_test - sending a test email notification upon indicator launch (false)
  • alerts - sending alerts to notify of a signal (true)
  • uptrend_accel - enable-disable the "Acceleration uptrend" signal (true)
  • uptrend_fad - enable-disable the "Fading uptrend" signal (true)
  • downtrend_accel - enable-disable the "Acceleration downtrend" signal (true)
  • downtrend_fad - enable-disable the "Fading downtrend" signal (true)
Notifications only work in the full MA drawing mode (mode_ma = Full drawing)!

Attention! Email notifications and alerts do not work during testing, messages to the tester Journal are written instead. The function works if alerts=true.

Settings of Lines Colors and Width

  • flat_cl - color to display flat (Yellow)
  • trend_up_cl - color to display downward direction (DeepSkyBlue)
  • trend_down_cl - color to display upward direction (DarkOrange)
  • accel_up_cl - color to display accelerating ascending trend (BlueViolet)
  • fad_up_cl - color to display fading ascending trend (SaddleBrown)
  • accel_down_cl - color to display accelerating descending trend (Magenta)
  • fad_down_cl - color to display fading descending trend (FireBrick)
  • width_lines - lines width (2)


Operation Modes

The first operation mode of the indicator: mode_ma = Full drawing - full drawing of the middle line regarding the bands movement direction. Characteristic features.

  • Ascending movement accelerating: the line is painted violet (BlueViolet).
  • Ascending movement fading: the middle line is painted brown (SaddleBrown) цвет.
  • Descending movement accelerating: the line is painted pink (Magenta).
  • Descending movement fading: the middle line is painted "fire brick" color (FireBrick).

Other lines colors show the movement direction.

  • Upward movement: blue (DeepSkyBlue) color.
  • Downward movement: orange (DarkOrange) color.
  • Side movement: yellow color.

The second operation mode of the indicator: mode_ma = Simple drawing - drawing of the middle line movement direction without regard to bands movement and drawing of bands regarding their direction.


How to Trade

The Bollinger Bands indicator settings are performed in such a way that the main part of the price is always inside the envelope formed by bands. When the price moves closer to one of the bands or cross it, bands start expanding which allows a trader to estimate the beginning of the price movement. When the price starts moving and the bands start expanding, the indicator paints the middle line in violet for the ascending movement (accelerating ascending movement) and in pink for the descending movement (accelerating descending movement) which can be a signal to enter the market.

Following signals on the middle line can serve as exit signals: fading movement (SaddleBrown color for ascending movement or FireBrick color for descending movement), flat (yellow color of the line) and change of movement. The largest movement can be captured when the movement changes. Thereat, there might be several accelerations and fading before such change.

Comentarios 8
Nikita Emelyanov
33
Nikita Emelyanov 2021.08.20 22:01 
 

Пользуюсь данным индикатором пару дней, ещё толком не успел оценить весь потенциал. Однако могу сказать, что если использовать его и постоянно сидеть за компьютером, то можно добиться вполне хороших результатов, явно 5/5. Буду дальше пользоваться)

KobArt1213
324
KobArt1213 2020.12.29 18:03 
 

Excellent Indicator. 5-star! I purchased this indicator a while back, and just started using it again. It gives strong signals to identify what to trade and which direction to trade in. One suggestion to the developer, please add push notification.

Gennadiy Stanilevych
49890
Gennadiy Stanilevych 2017.01.14 08:24 
 

should have

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PZ Day Trading
PZ TRADING SLU
3.67 (3)
Indicadores
Este indicador detecta reversiones de precios en forma de zig-zag, utilizando solo análisis de acción de precios y un canal donchian. Ha sido diseñado específicamente para el comercio a corto plazo, sin repintar ni pintar en absoluto. Es una herramienta fantástica para comerciantes astutos con el objetivo de aumentar el tiempo de sus operaciones. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Increíblemente fácil de comerciar Proporciona
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Elmira Memish
4.41 (37)
Indicadores
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Swing Master Indicator
Elias Mtwenge
Indicadores
Dear Traders this is my another tool called " Swing Master Indicator ". As the name above the indicator is designed to help you in swing trading by capturing the low and highs of the price. You may us this tool with any trading strategy and style from scalping to position trading. It is made for level of traders including newbies and advanced traders even prop-firms, hedge funds and banks to help them make sold market analysis. I create tools for serious traders who want to make a difference in
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Bernhard Schweigert
4.91 (495)
Indicadores
ACTUALMENTE 31% DE DESCUENTO Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones po
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Relicus LLC
4.73 (141)
Indicadores
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5 (1)
Indicadores
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
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4.85 (13)
Indicadores
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
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Indicadores
Indicador para negociación manual y análisis técnico de Forex. Consiste en un indicador de tendencia con el nivel de apertura del día de negociación y un indicador de flecha para determinar los puntos de entrada. El indicador no cambia de color; funciona cuando se cierra la vela. Contiene varios tipos de alertas para flechas de señal. Puede configurarse para funcionar en cualquier gráfico, instrumento comercial o período de tiempo. La estrategia de trabajo se basa en la búsqueda de movi
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Indicadores
¡ACTUALMENTE 20% DE DESCUENTO ! ¡La mejor solución para cualquier operador novato o experto! Este indicador está especializado en mostrar la fuerza de la divisa para cualquier símbolo como Pares Exóticos, Materias Primas, Índices o Futuros. Es el primero de su clase, cualquier símbolo se puede añadir a la 9 ª línea para mostrar la verdadera fuerza de la moneda de Oro, Plata, Petróleo, DAX, US30, MXN, TRY, CNH etc. Se trata de una herramienta de trading única, de alta calidad y asequible por
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Indicadores
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Indicadores
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Filtro:
Issam Khettabi
805
Issam Khettabi 2022.04.20 14:29 
 

User didn't leave any comment to the rating

Nikita Emelyanov
33
Nikita Emelyanov 2021.08.20 22:01 
 

Пользуюсь данным индикатором пару дней, ещё толком не успел оценить весь потенциал. Однако могу сказать, что если использовать его и постоянно сидеть за компьютером, то можно добиться вполне хороших результатов, явно 5/5. Буду дальше пользоваться)

adonis4ex
6308
adonis4ex 2021.07.30 05:12 
 

El usuario no ha dejado ningún comentario para su valoración

KobArt1213
324
KobArt1213 2020.12.29 18:03 
 

Excellent Indicator. 5-star! I purchased this indicator a while back, and just started using it again. It gives strong signals to identify what to trade and which direction to trade in. One suggestion to the developer, please add push notification.

8601567
779
8601567 2020.11.24 21:59 
 

If you do not sit at your computer and watch this indicator moment by moment, you will not have any advantages. It is a BB with many pretty colors and not worth the money. At least his other indicators have more math involved.

Mihail Matkovskij
12155
Respuesta del desarrollador Mihail Matkovskij 2020.12.02 10:33
Your can enable signal notifications in the indicator settings. And you do not need to constantly sit near the computer. 3 types of notifications are supported. These are mobile push notifications, e-mail notifications, and alerts. Read carefully the description of the indicator settings and select the types of notifications that suit you.
Aravind Kolanupaka
8905
Aravind Kolanupaka 2017.06.30 06:02 
 

El usuario no ha dejado ningún comentario para su valoración

Oleksii Stanilevych
584
Oleksii Stanilevych 2017.01.18 12:24 
 

El usuario no ha dejado ningún comentario para su valoración

Gennadiy Stanilevych
49890
Gennadiy Stanilevych 2017.01.14 08:24 
 

should have

Respuesta al comentario
Versión 1.5 2021.01.25
Disabled "send_mail" and "alert" notifications by default. They can be included in the "Inputs" tab if necessary.
Versión 1.4 2020.07.28
Recompilation for a new terminal build
Versión 1.3 2017.11.21
Added new input parameter signal_bar, which allows selecting the signal bar, according to which the indicator sends notifications. If signal_bar is set to First bar, the notifications on signals will be sent only when the first bar closes and the zero bar is opened.
Versión 1.2 2016.11.08
Added the function for sending signals to email, as well as signal notifications using alerts.

Added new parameters.

send_mail - enable/disable sending signals to email
send_mail_test - enable/disable sending test message to email when the indicator starts
alerts - enable/disable signal notifications via alerts
uptrend_accel - enable/disable the "Acceleration uptrend" signal
uptrend_fad - enable/disable the "Fading uptrend" signal
downtrend_accel - enable/disable the "Acceleration downtrend" signal
downtrend_fad - enable/disable the "Fading downtrend" signal

Changed the method for controlling the drawing mode of the moving average (mode_ma). Now, values for this parameter can be selected from a drop-down list.
Versión 1.1 2015.03.31
1. Improved performance
2. Reduced the default value of cmp_dev parameter