Bollinger Bands Strategy [Alorse] by alorse

bollingerbands strategy bollingerbandstrategy

This is a highly effective strategy that is based on going against the micro trend when the price exceeds the Bollinger bands by X percentage.

The percentage set by default to 30%, you can change it from the indicator settings.
You also have the option of enabling or disabling Short entries.

Release Notes:

- Added version number.
- It was modified to be a LITE version of the strategy, as we will have a PRO version soon.

Release Notes:

- Performance improved.
- Added option to hide BB.

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

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?