OPEN-SOURCE SCRIPT
Strategy MACD vs BB
Strategy based on MACD and Bollinger Bands, where BBs are calculatend from macd signal.
Strategy doesn't open at breakout of bands but it waits for a pullback.
Upper and lower bands are used as resistance and support.
There are various parameters that can be optimized.
I have also a study with alerts.
Please use comment section for any feedback or cointact me if you need support.
Strategy doesn't open at breakout of bands but it waits for a pullback.
Upper and lower bands are used as resistance and support.
There are various parameters that can be optimized.
I have also a study with alerts.
Please use comment section for any feedback or cointact me if you need support.
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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