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ALGOME - Standard Bollinger Band_V22.1.0

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Bollinger Band is a technical analysis tool using 2 standard deviations (positively and negatively) plotted away from a simple moving average (SMA), and can be modified as per user preferences.
Bollinger Band was designed to discover opportunities when a scrip is oversold or overbought.

Directional Indication:
  • Enter LONG position when Source(Close) crosses above Basis
  • Enter SHORT position when Source(Close) crosses below Basis


Useful Parameters & Settings:
  • Set Length, Multiplier, Offset & Time Frame values that best suits
  • To trade on the Real-time bar, Go to Strategy Settings >> Properties >> Recalculate and select the "On Every Tick" option.
  • Untick the "Signal Labels" option from Settings >> Style property window for a clean chart view.


Alert Message:
Type in the alert message as "{{strategy.order.alert_message}}"

How To Access, Setup, Integrate & Execute Live Alerts?
algome.in/post/how-to-setup-strategy-create-alerts-on-tradingview

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