Blockunity

Blockunity Volatility Bands (BVB)

Blockunity Updated   
Introducing the Volatility Bands (BVB), the exceptional strategy designed to maximize profitability in the highly volatile crypto market, offering exceptional efficiency and stability. Compatible with a wide range of assets and various timeframes (1H, 2H, 4H), BVB empowers you to capitalize on market fluctuations with confidence and precision.

Usage Advice
This strategy can be used on the following timeframes: 1H, 2H, 4H. Note that this strategy can take up to 3 successive positions in the same direction. It is recommended to use your chart in logarithmic scale.

The Different Elements And Signals
  • First, you'll find a central moving average. Reference point for assessing the trend and obtaining triggers. Positions are closed when the price returns to this line.
  • Secondly, you'll find trigger lines, which are extensions of the central moving average. 3 above and 3 below. These lines are there to detect buying and selling opportunities, and trigger position-taking.
  • Finally, we find the trading arrows/signals on the chart. They allow you to apply the strategy described above, by opening long and short positions, as well as closing these positions. The blue arrows indicate the opening of a Long (buy) position, while the red arrows indicate the opening of a Short (sell) position. The purple arrows indicate the closing of the positions.
Release Notes:
  • Added option to set a fixed Stop Loss. Stop Loss will only be active for Level 3 bands!
  • Addition of a parameter to filter backtest dates.
  • Added a version number at the end of the parameters.
Release Notes:
  • Small correction on the fixed stop loss.
Release Notes:
Addition of an alerting system. This alert can be activated by setting the condition "Blockunity Volatility Bands (BVB)" and selecting "Any alert() function call". The alerts sent are as follows:
  • Trading signals (Long, Short, Close, Stop Loss).

Other Updates:
  • Some parameter values are now hidden for better readability.
  • Code optimization.

Blockunity
blockunity.io/
unyx-data.com/
contact@blockunity.io
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Blockunity for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

This strategy can be used on the following timeframes: 1H, 2H, 4H. Note that this strategy can take up to 3 successive positions in the same direction. You can find all the information about the BVB here: unyx-data.com/volatility-bands/

Want to use this script on a chart?

Warning: please read before requesting access.