OPEN-SOURCE SCRIPT

Bollinger Bands + RSI Alerts for 3commas/DCA bot

Updated
Hey Folks !
This is in indicator that generates buy alerts combining Bollinger Bands and RSI.

RSI validates the BB signal by confirming we are not in an oversold area.


Interval: 3m to 15m


Recommended settings for 3commas DCA bot

- TP/TTP: 0.3%/0.1%,
- Base Order: Your choice,
- Safety Order: 1.2 * Your choice of base order
- Safety Order Volume Scale: 1.2,
- Safety Order Step Scale: 1.5,
- Price Deviation to Open Safety Order (% from initial order): 0.25%,
- Max Safety Trades Count: 7
- DO NOT USE STOP LOSS

> Create Alert with Buy Alert and link it to "Message for deal start signal"
Release Notes
Added `alertcondition()` in script
Release Notes
Fix input for standard deviation
3commasBollinger Bands (BB)dca-botsRelative Strength Index (RSI)Simple Moving Average (SMA)

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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