Get started
UnknownUnicorn1946597

Bollinger Band Crossover Signal

UnknownUnicorn1946597  
Bollinger Bands (BB) Volume Moving Averages crossover crossunder signal signals
138
0
bollingerbands volumestudies movingaverage crossover crossunder signal signals
I'm a little surprised I couldn't find a BB crossover script on here since I've always used it on other charting software. So of course I had to write one in for TradingView.

Essentially what this script signifies are price breakouts when price crosses over the upper BB band. So what it shows is that market conditions are entering overbought territory.

Length is set to 20 and Standard Deviation is set to 2. These are the default settings.

The way I use the script is to identify breakouts in price, as well as a signal to start scaling out of a position if I am already in one.
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.

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.

Want to use this script on a chart?