Bollinger bubbles, or Tradobubbles (for fans of the well-known french Tradosaure), are candles that are outside the Bollinger bands, without any contact with them.
Whether a bubble is above or below the Bollinger Bands, such a configuration indicates excessive price movement. Detecting bollinger bubbles can help you follow the correction (upwards or downwards) of this excess.
Two screeners are dedicated to Bollinger Bubbles:
All TF screener scans the stock market for bollinger bubbles, in the timeframe defined by the screener drop down menu. Results are sorted according to the position of the bubble detected.
The Multi TF screener scans up to 9 timeframes simultaneously (regardless of the TF in the screener drop-down menu): 5‘ / 10’ / 15‘ / 30’ / 1h / 2h / 4h / Day / Weekly. The results are sorted according to the timeframe and the position of the bubble detected.
For both screeners, a general filtering, in daily TF, based on the stock price and trading volumes, allows you to choose the minimum level of liquidity required.
Various parameters and filters can be adjusted to help you find only the Bollingers Bubbles that meet your criteria. These settings are made without modifying the code, in the ‘variables’ menu of the screeners:
Adjustable validation criteria :
Available filters :
General filter (screeners only) :
Video user guide (english subtitles available) :
Details of available settings :
Disclaimer
Our proposed tools (indicators and screeners) are not investment advices but tools allowing everyone to find specific graphic configurations.
Investing in the financial markets involves risks up to and including the total loss of capital.
The user of the proposed tools understands and accepts that the use of these tools is under his sole and entire responsibility. P2C Trading declines all responsibility in the use of the tools and the consequences that would result.
Download guide
