OPEN-SOURCE SCRIPT
Bollinger Bands Strategy by NJ
Bollinger Bands Strategy," leverages Bollinger Bands to make trading decisions. Bollinger Bands consist of three key components: a basis line (moving average), an upper band, and a lower band, which are calculated using the standard deviation of price movements.
Logic:
Entry Condition (Long): A long position is entered when the close price rises above the upper Bollinger Band, signaling a potential breakout or strong upward momentum.
Exit Condition: The long position is closed when the close price falls below the lower Bollinger Band, indicating potential downward pressure.
Features:
Users can adjust the moving average type, lookback length, and standard deviation multiplier to fit their trading style.
Trades are executed within a specified date range, which can be customized via inputs.
The strategy uses 100% of capital for each trade and incorporates commission and slippage into the performance calculation.
This strategy is suitable for trend-following traders looking to capture significant price movements using Bollinger Bands as the primary indicator.
Logic:
Entry Condition (Long): A long position is entered when the close price rises above the upper Bollinger Band, signaling a potential breakout or strong upward momentum.
Exit Condition: The long position is closed when the close price falls below the lower Bollinger Band, indicating potential downward pressure.
Features:
Users can adjust the moving average type, lookback length, and standard deviation multiplier to fit their trading style.
Trades are executed within a specified date range, which can be customized via inputs.
The strategy uses 100% of capital for each trade and incorporates commission and slippage into the performance calculation.
This strategy is suitable for trend-following traders looking to capture significant price movements using Bollinger Bands as the primary indicator.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.