OPEN-SOURCE SCRIPT
Intra day BB Trap Indicator with buy and sell signal
This script plots CPR and the BB channel and provides buy and sell signals.
All the plots are customizable. better to use it within an hour time frame.
Buy signal when the price closes above CPR support and comes inside bb channel on the lower bb side.
Sell signal when the price closes below CPR Resistance and comes inside bb channel on the upper bb side.
All the plots are customizable. better to use it within an hour time frame.
Buy signal when the price closes above CPR support and comes inside bb channel on the lower bb side.
Sell signal when the price closes below CPR Resistance and comes inside bb channel on the upper bb side.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.