OPEN-SOURCE SCRIPT

Bollinger Band Crossover Signal

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I'm a little surprised I couldn't find a BB crossover script on here since I've always used it on other charting software. So of course I had to write one in for TradingView.

Essentially what this script signifies are price breakouts when price crosses over the upper BB band. So what it shows is that market conditions are entering overbought territory.

Length is set to 20 and Standard Deviation is set to 2. These are the default settings.

The way I use the script is to identify breakouts in price, as well as a signal to start scaling out of a position if I am already in one.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.