This script is a trading indicator for TradingView that combines Exponential Moving Averages (EMA), Bollinger Bands (BB), and the Average True Range (ATR) to generate buy and sell signals. It uses two EMAs (12 and 30) to identify trend direction and distance between them as a filter. A trade signal is triggered when a candle closes above or below both EMAs while touching the middle Bollinger Band but not the outer bands. Additional buy/sell signals are generated based on ATR-based breakout conditions. Alerts are available for long and short entry signals.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
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.