OPEN-SOURCE SCRIPT
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.
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 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.