Double Bollinger Bands Strategy with Signals (By Rolwin)

3月4日

Double Bollinger Bands Strategy with Signals 1.0 (By Rolwin)
📌 Overview
The Double Bollinger Bands Strategy is a trend-following system that utilizes two sets of Bollinger Bands (2 standard deviations and 3 standard deviations) to identify high-probability entry and exit points. This strategy helps traders capitalize on strong price movements and potential reversals by detecting overbought and oversold conditions more effectively.
📊 How It Works
• Bollinger Bands Setup:
o Middle Band: 20-period Simple Moving Average (SMA)
o Upper & Lower Bands (2 SD): Standard Bollinger Bands (±2 standard deviations)
o Extreme Bands (3 SD): Additional Bollinger Bands (±3 standard deviations) for extreme price moves
• Entry Signals:
✅ Buy (Long Entry): When the price crosses above the lower 3SD band (oversold zone)
❌ Sell (Short Entry): When the price crosses below the upper 3SD band (overbought zone)
• Exit Signals:
🔼 Exit Long: When the price reaches the upper 2SD band
🔽 Exit Short: When the price reaches the lower 2SD band
• Additional Features:
✅ Buy & Sell Signals plotted directly on the chart
🎨 Candles turn white when price touches the extreme 3SD band
🔥 Why Use This Strategy?
✔️ Clear Entry & Exit Points: Based on strong statistical levels
✔️ Effective in Trending & Reversal Markets: Captures both momentum & mean reversion setups
✔️ Easy-to-Use Visualization: Signals & bands make it beginner-friendly
✔️ Customizable: Adjust Bollinger Band length and multipliers to fit different assets & timeframes
⚠️ Risk Management Tip
While this strategy provides high-probability trade signals, it is essential to use stop-loss orders (e.g., ATR-based) and proper position sizing to manage risk effectively.
📈 Try it out and optimize the settings for your favorite markets! 🚀

3月5日

版本注释

New Update:
🔔 How to Set Up Alerts in TradingView
1. Click "Alerts" in TradingView.
2. Click "+ Create Alert".
3. In the "Condition" dropdown, select this script.
4. Choose "Any alert function call".
5. Set Alert Actions (popup, email, notification, etc.).
6. Click "Create" to activate the alerts.
________________________________________
🔹 What This Update Adds
✅ Alerts when Buy & Sell signals appear.
✅ User-friendly alert messages with clear trade signals.
✅ No repainting alerts (alerts trigger only when bar closes).
Would you like alert conditions for exits as well? 🚀 Let me know!

Double Bollinger Bands Strategy with Alert Signals ver. 2.2 (By Rolwin)
📌 Overview
The Double Bollinger Bands Strategy is a trend-following system that utilizes two sets of Bollinger Bands (2 standard deviations and 3 standard deviations) to identify high-probability entry and exit points. This strategy helps traders capitalize on strong price movements and potential reversals by detecting overbought and oversold conditions more effectively.
📊 How It Works
• Bollinger Bands Setup:
o Middle Band: 20-period Simple Moving Average (SMA)
o Upper & Lower Bands (2 SD): Standard Bollinger Bands (±2 standard deviations)
o Extreme Bands (3 SD): Additional Bollinger Bands (±3 standard deviations) for extreme price moves
• Entry Signals:
✅ Buy (Long Entry): When the price crosses above the lower 3SD band (oversold zone)
❌ Sell (Short Entry): When the price crosses below the upper 3SD band (overbought zone)
• Exit Signals:
🔼 Exit Long: When the price reaches the upper 2SD band
🔽 Exit Short: When the price reaches the lower 2SD band
• Additional Features:
✅ Buy & Sell Signals plotted directly on the chart
🎨 Candles turn white when price touches the extreme 3SD band
🔥 Why Use This Strategy?
✔️ Clear Entry & Exit Points: Based on strong statistical levels
✔️ Effective in Trending & Reversal Markets: Captures both momentum & mean reversion setups
✔️ Easy-to-Use Visualization: Signals & bands make it beginner-friendly
✔️ Customizable: Adjust Bollinger Band length and multipliers to fit different assets & timeframes
⚠️ Risk Management Tip
While this strategy provides high-probability trade signals, it is essential to use stop-loss orders (e.g., ATR-based) and proper position sizing to manage risk effectively.
📈 Try it out and optimize the settings for your favorite markets! 🚀
--- Great 15 mins Time frame for XAUUSD (63% Profitable)

3月5日

版本注释

New Dbl Bollinger Bands Strategy with Alert Signals ver. 2.5 (By Rolwin)
📌 Overview
The Double Bollinger Bands Strategy is a trend-following system that utilizes two sets of Bollinger Bands (2 standard deviations and 3 standard deviations) to identify high-probability entry and exit points. This strategy helps traders capitalize on strong price movements and potential reversals by detecting overbought and oversold conditions more effectively.
📊 How It Works
• Bollinger Bands Setup:
o Middle Band: 20-period Simple Moving Average (SMA)
o Upper & Lower Bands (2 SD): Standard Bollinger Bands (±2 standard deviations)
o Extreme Bands (3 SD): Additional Bollinger Bands (±3 standard deviations) for extreme price moves
• Entry Signals:
✅ Buy (Long Entry): When the price crosses above the lower 3SD band (oversold zone)
❌ Sell (Short Entry): When the price crosses below the upper 3SD band (overbought zone)
• Exit Signals:
🔼 Exit Long: When the price reaches the upper 2SD band
🔽 Exit Short: When the price reaches the lower 2SD band
• Additional Features:
✅ Buy & Sell Signals plotted directly on the chart
🎨 Candles turn white when price touches the extreme 3SD band
🔥 Why Use This Strategy?
✔️ Clear Entry & Exit Points: Based on strong statistical levels
✔️ Effective in Trending & Reversal Markets: Captures both momentum & mean reversion setups
✔️ Easy-to-Use Visualization: Signals & bands make it beginner-friendly
✔️ Customizable: Adjust Bollinger Band length and multipliers to fit different assets & timeframes
⚠️ Risk Management Tip
While this strategy provides high-probability trade signals, it is essential to use stop-loss orders (e.g., ATR-based) and proper position sizing to manage risk effectively.
📈 Try it out and optimize the settings for your favorite markets! 🚀
--- Great 15 mins Time frame for XAUUSD (63% Profitable)