I've been using these for a while trading Bitcoin and I've found them to be the most useful to me. I replaced the 7 you may have seen in the first set with the 9 as I'm seeing it tested across many time frames quite frequently. The least used of the six is the 30 period, but it does have some influence I've found on the large time frames, mainly the weekly.
All the moving averages bewteen 3 and 200 in increments of 5.
with the ability to change colours
and change between simple and exponential.
It provides an easy and fast way to determine the trend direction and possible reversals.
With this script you can use bollinger bands with up to 4 moving averages.
The bollinger band basis and the moving averages can be changed to EMA's.
To prevent auto scaling of the bands, turn off the plots and just keep the fill.
This is really simple. But useful for me as I don't have a paid account. No-pro users can only use 3 indicators at once and because I rely heavily on simple moving averages it can be a real pain.
This one indicator features:
which I find are the most useful overall. The 20 and 50 over all time frame but in particular < 1 day, the...
DayMidPoint - Plot the moving average of the Daily price midpoint for short periods of time (i.e. 3 day or 5 day). Great for detecting the short term daily trend direction to determine a SHORT or LONG position building in a stock. Use with DayHigh and DayLow indicators. for nice price channels on a chart.
Plot the Moving Average of the Daily High for short periods of time (i.e 3 day or 5 day). Great for detecting when a stocks SELL pressure is running out and time to switch to a BUY strategy. Use in the DayHIGH indicator for nice price channels on a chart.