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Bollinger Bear Sniper

This script uses Bollinger Band but with different interpretation. The upper Bollinger Band is the resistant level, the lower Bollinger Band is the base or support level . The Commodity Channel Index ( CCI ) and the Bollinger Bandwidth helps us avoid high risk.

The script identifies candles that are marking bold upward moves in prices and fires buy signal. Sales signals are fired when the candle closes in positive. The idea is to buy and sell on the same candle or next positively closed candle. This is anti-bear-anti-bags strategy. You either make profit or loss holding no bag. When you gain more than lose you are in business. This script is set to gain more than lose. We however offer no guarantee, expressed or implied. We are NOT responsible.
Release Notes: This script uses Bollinger Band but with different interpretation. The upper Bollinger Band is the resistant level, the lower Bollinger Band is the base or support level. The Commodity Channel Index (CCI) and the Bollinger Bandwidth helps us avoid high risk. This strategy works in all markets.

The script identifies candles that are marking bold upward moves in prices and fires buy signal. Sales signals are fired when the candle closes in positive. The idea is to buy and sell on the same candle or next positively closed candle. This is anti-bear-anti-bags strategy. You either make profit or loss holding no bag. When you gain more than lose you are in business. This script is set to gain more than lose. This script achieves over 90% in downtrend market. We however offer no guarantee, expressed or implied. We are NOT responsible.
Release Notes: More risk removal factored in to stop signals in time free fall in prices.
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