OPEN-SOURCE SCRIPT
BB Signal v2.1 [ABA Invest]
About
This signal appears based on 2nd candle break out of Bollinger Bands (called Momentum) with additional EMA 50 and EMA 200 as trend filters. so the concept is to take advantage of candle breakout by following trends.
How to use
Buy: When signal 'Buy' appears (following trend of upper timeframe)
Recommended stop loss: previous swing low
Sell: When signal 'Sell' appears (following trend of upper timeframe)
Recommended stop loss: previous swing high
Rules
1. use a good risk-reward ratio (minimum 1.5)
2. Please do backtest before using this signal
3. Don't always take every signal (must know when to stop)
This signal appears based on 2nd candle break out of Bollinger Bands (called Momentum) with additional EMA 50 and EMA 200 as trend filters. so the concept is to take advantage of candle breakout by following trends.
How to use
Buy: When signal 'Buy' appears (following trend of upper timeframe)
Recommended stop loss: previous swing low
Sell: When signal 'Sell' appears (following trend of upper timeframe)
Recommended stop loss: previous swing high
Rules
1. use a good risk-reward ratio (minimum 1.5)
2. Please do backtest before using this signal
3. Don't always take every signal (must know when to stop)
Notas de prensa
Changed label style from abovebar (for buy) to belowbar (for buy), and vice versa for sellScript de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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