INVITE-ONLY SCRIPT
Bollinger Flip Flop Strategy
Updated
This strategy combines both long and short Bollinger band strategies with a signal to determine to determine when it's appropriate to use each. Additionally, the strategy has protections in place for market conditions which would normally cause a trade to be stuck due to a long market trend change. Think of it like a stop loss but instead of basing the stop on a percentage from entry, it's based on prevailing market conditions.
This strategy is ideal for controlling trading bots on the 3commas.io platform. To do this, you will need to set up two "simple" bots, one for short trades and one for long trades. Other than their direction, they should be configured identically. Set the parameters for the bot the same as you have them set in the strategy preferences. Once you've done this, set the "Short Bot ID" and "Long Bot ID" fields to the ID numbers for each bot, respectively. Next, set the Email Token parameter (this will be the same for both bots). Once you've done this, you need only configure a single alert per coin pair with the alert message set to {{strategy.order.alert_message}}. Make sure you have all of the strategy settings, including bot IDs and email tokens set correctly before creating the alert. These parameters are saved in the alert and can be safely changed on the active chart once the alert is created without affecting the alert.
This strategy is ideal for controlling trading bots on the 3commas.io platform. To do this, you will need to set up two "simple" bots, one for short trades and one for long trades. Other than their direction, they should be configured identically. Set the parameters for the bot the same as you have them set in the strategy preferences. Once you've done this, set the "Short Bot ID" and "Long Bot ID" fields to the ID numbers for each bot, respectively. Next, set the Email Token parameter (this will be the same for both bots). Once you've done this, you need only configure a single alert per coin pair with the alert message set to {{strategy.order.alert_message}}. Make sure you have all of the strategy settings, including bot IDs and email tokens set correctly before creating the alert. These parameters are saved in the alert and can be safely changed on the active chart once the alert is created without affecting the alert.
Release Notes
New Features:- Show flip signals as sign-posts on chart (toggle)
- Stoploss percentage can now be set
- If a new deal starts in one direction and for some reason the deal in the other is not closed, it will now get closed
- Display take profit, avg entry price and stop-loss lines on chart
- Remove noisy lines, can still toggle BB on/off
Improvements:
- Better bull/bear trend detection
Known Issues:
- If same candle triggers take profit and new order (usually large candles on smaller time frames), you may see the new order labeled as a safety order instead of a buy order. It will still trigger the buy, this is just a visual bug.
Release Notes
Removed debugging plot linesUpdated access instructions
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact tedwardd for more information, or follow the author's instructions below.
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Author's instructions
″This script is still in beta. If you would like to request access, please fill out this form: https://forms.gle/9nyL6tmUsD2skQRx6
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Warning: please read before requesting access.
Disclaimer
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