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ROC indicator with Bollinger bands

coenw · 2021-03-08T15:53:32+00:00

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.

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ROC indicator with Bollinger bands

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03/08/2021 at 4:53 PM #163488 quote

coenw
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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

03/08/2021 at 5:11 PM #163493 quote

Nicolas
Keymaster

Legend

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

03/11/2021 at 11:11 AM #163820 quote

coenw
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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
5 years, 7 months ago.

Topic Details

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

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ROC indicator with Bollinger bands

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ROC indicator with Bollinger bands ProBuilder: Indicators & Custom Tools

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ROC indicator with Bollinger bands

ProBuilder: Indicators & Custom Tools