Price Action + Bollinger Strategy by Atma_Sakshatkar

volatility trendanalysis movingaverage banknifty nifty

Simple Price Action + Bollinger Band Strategy

Buy Setup --------
- Price closes below Bollinger Band
- Last candle closes in green, confirming bulls have returned
- Buy trade is taken

Short Setup --------
- Price closes above Bollinger Band
- Last candle closes in red , confirming bears have returned
- Short trade is taken

Strategy open for suggestions and updation

Release Notes:

Minor updates

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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