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abhisekpl
May 10, 2020 3:25 PM

Double Bollinger Bands Strategy 

RELIANCE INDSNSE

Description

The Strategy involves two Bollinger Bands (BB) at a go.
One with Divergence of 1 and another 2.
Strategy:
When the price rides above the inner BB, buy, check if it rides above the second BB. Exit when price falls inside the Outer BB and enters the Inner BB.
When the price rides below the inner BB, buy, check if it rides below the second BB. Exit when price rises inside the Outer BB and enters the Inner BB.

Release Notes

The Strategy involves two Bollinger Bands (BB) at a go.
One with Divergence of 1 and another 2.
Strategy:
When the price rides above the inner BB, buy, check if it rides above the second BB. Exit when price falls inside the Outer BB and enters the Inner BB.
When the price rides below the inner BB, buy, check if it rides below the second BB. Exit when price rises inside the Outer BB and enters the Inner BB.
Comments
sbasirati
Thank you, I was looking for this 2in1 indicator.
4ba94e636ce44151aacf39d7234053
hi..can u share the code of the script?
abhisekpl
@4ba94e636ce44151aacf39d7234053, Its an open source my friend. You can get it by clicking the { } button once you apply the indicator.
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