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Super Bollinger Bands

4.71

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.

Reviews 7
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
4027
adonis4ex 2021.07.30 05:12 
 

wow, to the guy who complained... please refrain from speaking on matters thatyou do not understand, it makes you look stupid, and it is unfair to the developer of this fine indicator. your complaint is irrelevant. its an indicator, its not supposed to do anytwork for you, it is supposed to break data down into a visual display so than you can make informed decisions based onyour own analysis from the aid of said indcator. its a beautfiul indicator that improves upon the original bollinger bands, which is no small feat bc BB have been a high stnadqard in techincal analysis even to this day, and that is saying somnething with all the tech we have now. its a leading indicator, so no lag from price, and the added speed feature or momentum or velocity whatever you want tocall it is aamazing, lets you know if the trend is going strong, or getting weaker very important for 1 min scalping, i usethis for scalping always. it honestly is basically a standalone system especially if used for scalping, but always good to have fibos marked or areas of supply and demand as well. but this is a 5 star indicator

KobArt1213
149
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.

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PulseScanner
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Muhammad Syafiq Bin Mustapa
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Master Binary Trading Signals
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ORAZIO CIANCI
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End of Trend
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Aleksandr Masterskikh
Важно правильно войти в рынок, но не менее важно, вовремя и без потерь, выйти из него, чтобы сохранить «плоды труда своего». “ End _ of _ trend ” – это универсальный опережающий индикатор окончания локального тренда - работает на любом финансовом инструменте (в том числе, на   криптовалютах), и на любом таймфрейме. Основным преимуществом индикатора является повышенная точность при определении   окончания активного участка тренда. Сигналы индикатора можно использовать – как для закрытия имеющихся
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SpreadInfo
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Viacheslav Desenko
SpreadInfo displays the movement of synthetic instrument consisting of a few basic ones. The concept is very simple. A synthetic instrument is created. It can be described using a simple equation ( spread indicator parameter). The indicator plots a chart of the synthetic instrument and builds a regression channel based on it (see the screenshots). How to use Make sure that all symbols specified in the indicator equation are present in the Market Watch window. Make sure that quotes of all symbo
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Renko Engulfing Indicator
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John Benjamin
The Renko (and Mean Renko) Engulfing Bar Indicator is a versatile trading indicator that plots Buy/Sell arrows and gives potential trade ideas including buy entry and stop loss levels. The indicator is designed to work on offline renko charts as well as Mean or Median Renko charts. It is recommended to use this indicator on a minimum of 20Pips fixed renko box or more. The indicator does not repaint. It prints the arrows after the bar close. The indicator's buy/sell arrows can be a powerful way t
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Tigger
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Dimitar Pavlov
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Brilliant Advanced Timing
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Mohamed Sabry
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Advanced Currency IMPULSE with ALERT
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Range Trader For Multi Pair And Multi Time Frame
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ScorpionFX
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Filter:
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
4027
adonis4ex 2021.07.30 05:12 
 

wow, to the guy who complained... please refrain from speaking on matters thatyou do not understand, it makes you look stupid, and it is unfair to the developer of this fine indicator. your complaint is irrelevant. its an indicator, its not supposed to do anytwork for you, it is supposed to break data down into a visual display so than you can make informed decisions based onyour own analysis from the aid of said indcator. its a beautfiul indicator that improves upon the original bollinger bands, which is no small feat bc BB have been a high stnadqard in techincal analysis even to this day, and that is saying somnething with all the tech we have now. its a leading indicator, so no lag from price, and the added speed feature or momentum or velocity whatever you want tocall it is aamazing, lets you know if the trend is going strong, or getting weaker very important for 1 min scalping, i usethis for scalping always. it honestly is basically a standalone system especially if used for scalping, but always good to have fibos marked or areas of supply and demand as well. but this is a 5 star indicator

KobArt1213
149
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
815
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
14025
Reply from developer 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
7579
Aravind 2017.06.30 06:02 
 

User didn't leave any comment to the rating

Oleksii Stanilevych
592
Oleksii Stanilevych 2017.01.18 12:24 
 

User didn't leave any comment to the rating

Gennadiy Stanilevych
81306
Gennadiy Stanilevych 2017.01.14 08:24 
 

should have

Reply to review
Version 1.5 2021.01.25
Disabled "send_mail" and "alert" notifications by default. They can be included in the "Inputs" tab if necessary.
Version 1.4 2020.07.28
Recompilation for a new terminal build
Version 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.
Version 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.
Version 1.1 2015.03.31
1. Improved performance
2. Reduced the default value of cmp_dev parameter