OPEN-SOURCE SCRIPT
YH_Simple Bollinger Bands Strategy with SL and TP
This setup ensures that Buy labels are only shown when the price is above the EMA and the MACD is positive.
Similarly, Sell labels are only shown when the price is below the EMA and the MACD is negative.
You can now change the EMA period to any value you want via the user input.
Similarly, Sell labels are only shown when the price is below the EMA and the MACD is negative.
You can now change the EMA period to any value you want via the user input.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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