okadoke

BB%B Strat

Simple strategy to go long when price is below a bollinger band %B threshold, or go short when above a threshold.
Trades are closed when BB%B moves back to an opposite threshold.
Intended to be a relatively short time frame trade, usually only a few candles, and probably better on high time frames.
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.

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