rouxam

Bollinger Bands + RSI Alerts for 3commas/DCA bot

Hey Folks !
This is in indicator that generates buy alerts combining Bollinger Bands and RSI .

RSI validates the BB signal by confirming we are not in an oversold area.


Interval: 3m to 15m


Recommended settings for 3commas DCA bot

- TP/TTP: 0.3%/0.1%,
- Base Order: Your choice,
- Safety Order: 1.2 * Your choice of base order
- Safety Order Volume Scale: 1.2,
- Safety Order Step Scale: 1.5,
- Price Deviation to Open Safety Order (% from initial order): 0.25%,
- Max Safety Trades Count: 7
- DO NOT USE STOP LOSS

> Create Alert with Buy Alert and link it to "Message for deal start signal"
Release Notes: Added `alertcondition()` in script
Release Notes: Fix input for standard deviation
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.

Disclaimer

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