Mr Huk Strategy-Coral Trend with Bollinger Bands

This strategy, named "Mr Huk Strategy-Coral Trend with Bollinger Bands," combines the Coral Trend indicator and Bollinger Bands as a technical analysis tool. Written in Pine Script (v5), it is overlaid on the chart. Below is a summary of the strategy:

Key Components
MA 13 (Orange Line):
13-period Simple Moving Average (SMA).
Used as a reference for exit signals.
Plotted in red with a thickness of 3.
Coral Trend Indicator:
Smooths price movements to determine trend direction.
Generates buy-sell signals:
Buy: Coral Trend rises (green circles).
Sell: Coral Trend falls (red circles).
Plotted as circles with a thickness of 3.
Smoothing period (default: 8) and constant coefficient (default: 0.4) are customizable.
Bollinger Bands:
Uses a 20-period SMA (basis) and 2 standard deviations (deviation).
Upper and lower bands are plotted in purple, basis in blue.
The area between bands is filled with semi-transparent purple.
Used to measure volatility and analyze price movements.

Buy-Sell and Exit Rules
Buy Signal: Coral Trend gives a buy signal (green circles).
Sell Signal: Coral Trend gives a sell signal (red circles).
Exit Signals:
First exit: Coral Trend points fall below the line.
Second exit: Price falls below MA 13 (orange line).

Additional Recommendations
Heikin Ashi candles can be used.
When using Heikin Ashi, the "Ha Color Change And Alert" indicator is recommended.
The strategy is described as simple but profitable.

Purpose and Usage
Suitable for trend-following and volatility-based trades.
Parameters (smoothing period, Bollinger period, standard deviation) can be customized by the user.
Clearly displays buy-sell signals and exit points graphically.

This strategy aims to support trading decisions by analyzing trend direction and volatility.