Bollinger Bands + RSI Alerts for 3commas/DCA bot — Indicator by rouxam

relativestrengthindex bollingerbands simplemovingaverage 3commas dca-bots

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

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.

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