ALGOME - Standard Bollinger Band_V22.1.0 — Strategy by ME013679

bollingerbands bollingerbandstrategy bollinger_bands algome

Bollinger Band is a technical analysis tool using 2 standard deviations (positively and negatively) plotted away from a simple moving average (SMA), and can be modified as per user preferences.
Bollinger Band was designed to discover opportunities when a scrip is oversold or overbought.

Directional Indication:

Enter LONG position when Source(Close) crosses above Basis
Enter SHORT position when Source(Close) crosses below Basis

Useful Parameters & Settings:

Set Length, Multiplier, Offset & Time Frame values that best suits
To trade on the Real-time bar, Go to Strategy Settings >> Properties >> Recalculate and select the "On Every Tick" option.
Untick the "Signal Labels" option from Settings >> Style property window for a clean chart view.

Alert Message:
Type in the alert message as "{{strategy.order.alert_message}}"

How To Access, Setup, Integrate & Execute Live Alerts?

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

Disclaimer

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