Actieve Inversiones EMABBOL by EDOHEN — Indicator by Jesus_Salvatierra

bandsandchannels trendanalysis bollingerbands bb actieveinversiones actieve cross

EMABBOL includes these indicators:

- triple emas (9,21,50)
- Bollinger Bands
- Also includes buying or selling signals

The following strategy is based on ema crosses and bollinger ma crosses, the Bollinger band gives us the target we could expect from our trades, using the upper and lower bands.

Trading criteria
Buy : Price crosses over the triple emas and also crosses under the Bollinger band ema. Looking for 3:1 PnL

Sell : Price crosses under the triple emas and also crosses under the Bollinger band ema. Looking for 3:1 PnL

Stop Loss Tips : set the SL above the crosses if Selling, below the crosses if buying
Take Profit Tips : set the TP below the Bollinger's lower Band band if Selling, or above the Bollinger's upper Band band if Buying

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?