OPEN-SOURCE SCRIPT

Bollinger Bands on Macd

Updated
Only longs when Macd line is above Bollinger Band and shorts when Macd line is above Bollinger Band, this will avoid many problems.

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Release Notes
ADDED ALERTS
Bearish PatternsBollinger Bands (BB)Bullish PatternsbuybuysignalMoving Average Convergence / Divergence (MACD)SELLsellsignal

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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