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D499

Bollinger Bands + EMA 9

D499 Updated   
Bands and Channels bollingerbandstrategy emastrategy strategy 1min scalping
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bandsandchannels bollingerbandstrategy emastrategy strategy 1min scalping
A 1 minute scalping strategy.

Uses Bollinger Bands (no basis line) and a 9 period EMA.

Waits for price to close below the lower Bollinger Band and the next candle to close bullish above the lower Bollinger Band but below the 9 Period EMA.

If all conditions are met, the script enters a long position with TP at the 9 Period EMA.
Release Notes:
Fixed the entry and exit conditions. Better code in general.
Release Notes:
Added short positions
Release Notes:
Bug fixes
Release Notes:
Bug fixes, again
Release Notes:
Full script overhaul!
Release Notes:
Fixed the position sizing, credits to @adolgov :D
Release Notes:
...
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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