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INVITE-ONLY SCRIPT
Updated

Better Bollingers

1 053
The Bollinger Band strategy is a powerful and effective tool for automated trading in high volatility markets. The trouble is that, by itself, it is not very profitable. We need a way to know if the volatility we're seeing is part of a larger trend in the direction we want to trade in. Doing this, we can avoid entering long trades during a macro downtrending market meaning we can use tighter stop losses and open trades with more confidence than if we didn't have an idea of the larger market trend.

This script is ideal for, and geared towards, users of the 3commas automated trading platform. It behaves similarly to the familiar TA Presets BB-20- family of strategies but includes other indicators to help weed out some of the noise in a highly volatile market. Additionally, users who are not on Binance.com, but using 3commas for trading, now have access to signals comparable to those provided by the builtin signals for Binance.com.
Release Notes

Bugfixes:
* Fixed safety order step scale not scaling properly

New Features:
* Stoploss value of "0" now disables stoploss
* Provide warning message if stoploss is less than total safety order price deviation
* Plot moving averages
Release Notes
Removed average position price line used for debugging purposes only.
Release Notes
Remove more inadvertent debug code

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact tedwardd directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

This strategy is still in beta. If you wish to join the beta waiting list, please sign up using this form: https://forms.gle/uCRmLT2WDJ9U3ArT9
Warning: please read our guide for invite-only scripts before requesting access.
tedwardd
Also on:
betaBollinger Bands (BB)Exponential Moving Average (EMA)Simple Moving Average (SMA)

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.
betaBollinger Bands (BB)Exponential Moving Average (EMA)Simple Moving Average (SMA)

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact tedwardd directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

This strategy is still in beta. If you wish to join the beta waiting list, please sign up using this form: https://forms.gle/uCRmLT2WDJ9U3ArT9
Warning: please read our guide for invite-only scripts before requesting access.
tedwardd
Also on:

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.