ROC indicator with Bollinger bands

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  • #163488 quote
    coenw
    Participant
    New

    Recently I noticed the IWO Turning point indicator as available for Tradingview: https://www.tradingview.com/script/Gn1EJ6Yq-IWO-Turning-Point-Indicator/

    The idea is the use of the ROC indicator (10) with two  linked long term bollinger bands. Period 252 days (year) and a BB with 1 standard deviation and another BB with 2 standard deviations.
    I have looked on this forum but could not find a similar kind of indicator.
    Does anyone have any suggestions?
    Thanks in advance.

    poldoposta thanked this post
    #163493 quote
    Nicolas
    Keymaster
    Master

    Just add a ROC indicator on the chart, then add 2 Bollinger Bands with different standard deviation, like I did in the attached picture.

    poldoposta thanked this post
    roc-with-bollinger-bands.png roc-with-bollinger-bands.png
    #163820 quote
    coenw
    Participant
    New

    Dear Nicolas,

    Thanks a lot for your feedback. Much appreciated!

    poldoposta thanked this post
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ROC indicator with Bollinger bands


ProBuilder: Indicators & Custom Tools

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coenw @coenw Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by coenw
4 years, 11 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 03/08/2021
Status: Active
Attachments: 1 files
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