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Bollinger Bands By CryptoLawyer1

3 105
This is a simple cross under/over script, if the close is lower than the lower band SELL, if it has crossed above buy/close short

the script is equipped with a 55 SMA signal filter for less noise, you can customize the lengths based on the pair and time frame, i would recommend using higher lengths on lower timeframes and lower length on higher time frames, example : 1Week: 13L, 2Hours: 55L, 15Minutes: 200L


Important Note ⚠: the ideal signal is a trend reversal and not a continuation, same goes for long and short signals, you should take short signal if the price has been going up and the bands are green for a long enough time, and the high's have crossed over the upper bands at least 3-4 times same goes for long, you should find a down trend that has been going on for a good enough time, so in simple words search for reversal not continuation signals, if you have any questions feel free to ask, happy trading!
Nota Keluaran
removed some unnecessary lines, nothing to be mentioned
Nota Keluaran
Bug fixes
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Depreciation Warning Fixes
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Deprecation Warning Fixes
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now the filters length changes automatically when you change the timeframe!
if you wanna keep doing it manually retrieve previos version simply and you will get a filter input option happy trading!

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.