OPEN-SOURCE SCRIPT

Bollinger Bands with Heikin-Ashi (Weekly) and Signal

Updated
write a pine script code for bolinger band with 20,1
use hikenashi candles in weekly time frame
Red Hiken ashi candle below Lower Bolinger band
and high of the red hiken ashi candle should not touch the lower bolinger band
if the above conditions satisfies then i need green buy signal on the next green hiken ashi candle
Release Notes
A green "BUY" signal will only appear when:

Any red Heikin-Ashi candle is below the lower Bollinger Band.

The next candle is a green Heikin-Ashi candle, and it is still below the lower Bollinger Band or it can touch the lower bolinger band
Bollinger Bands (BB)educationalFundamental Analysis

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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