PROTECTED SOURCE SCRIPT

ALGOME - Standard Bollinger Band_V22.1.0

Bollinger Band is a technical analysis tool using 2 standard deviations (positively and negatively) plotted away from a simple moving average (SMA), and can be modified as per user preferences.
Bollinger Band was designed to discover opportunities when a scrip is oversold or overbought.

Directional Indication:

Enter LONG position when Source(Close) crosses above Basis
Enter SHORT position when Source(Close) crosses below Basis

Useful Parameters & Settings:

Set Length, Multiplier, Offset & Time Frame values that best suits
To trade on the Real-time bar, Go to Strategy Settings >> Properties >> Recalculate and select the "On Every Tick" option.
Untick the "Signal Labels" option from Settings >> Style property window for a clean chart view.

Alert Message:
Type in the alert message as "{{strategy.order.alert_message}}"

How To Access, Setup, Integrate & Execute Live Alerts?
algome.in/post/how-to-setup-strategy-create-alerts-on-tradingview

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

ME013679

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

ME013679