Price Action + Bollinger Strategy

Simple Price Action + Bollinger Band Strategy

Buy Setup --------
- Price closes below Bollinger Band
- Last candle closes in green, confirming bulls have returned
- Buy trade is taken

Short Setup --------
- Price closes above Bollinger Band
- Last candle closes in red , confirming bears have returned
- Short trade is taken

Strategy open for suggestions and updation
Release Notes: Minor updates
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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there's problem with the code Sir
this is very good, thank you
Atma_Sakshatkar JackOfAllTrades0
@JackOfAllTrades0, Thank u brother
Would be really helpful for novices, if you could provide any rules apart from the ones you mentioned above for entry and exits. Thank you much
Atma_Sakshatkar venuoraprof
@venuoraprof, ENTRY --- Plz do make a note of last 5 trades price action. That means , Stock / instrument should be broadly in UPTREND for buy trade and in DOWNTREND for short trade. EXIT --- Exit half of trade qty at VWAP, ride the rest at break even or at trailing SL
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