OPEN-SOURCE SCRIPT

Bollinger Band Crossover Signal

4 606
I'm a little surprised I couldn't find a BB crossover script on here since I've always used it on other charting software. So of course I had to write one in for TradingView.

Essentially what this script signifies are price breakouts when price crosses over the upper BB band. So what it shows is that market conditions are entering overbought territory.

Length is set to 20 and Standard Deviation is set to 2. These are the default settings.

The way I use the script is to identify breakouts in price, as well as a signal to start scaling out of a position if I am already in one.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.