JustUncleL

Bollinger Awesome Alert R1 by JustUncleL

This indicator is an implementation of the Bollinger Band and Awesome Oscillator Scalping system.

This technique is for those who want the most simple method that is very effective. It is BEST traded during the busiest trading hours, 3am to 12am EST NY time. This method doesn't work in sideways markets, only in volatile trending markets.

Time Frames: 1, 5, 10, 15 ,30 min.
Currency pairs: majors.

Other Chart indicators:

Here's the strategy:

Going LONG:
Enter a long position when the black 3 EMA has crossed up through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zeroline, going up. This is indicated by "Buy" alert.

Going SHORT:
Enter a short position when the black 3 EMA has crossed down through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zero line, going down. This is indicated by the "Sell" Alert.

Take profit:
10-20 pips depending on pair or When Awesome Oscillator turns a different colour.

HINTS: Best trades tend to occur when price reversing bounce off outer band and outside the Optional Bollinger Squeeze indication.
版本注释:
  • Added optional extra condition that the signal candle close price must stay within the Bollinger Bands. This helps remove some of the oversized signal candles, these candles have a lower success probability.
  • Added Alarm system Alerts for BUY and SELL. This helps with automation, however, if you use the optional BB filter you will not get a complete buy/sell sequence, that is you may get multiple Sell's or Buy's before a change of direction.

版本注释: Added optional BB squeeze filter. The squeeze Algo is based on the current relative width of the BB, this squeeze Algo is NOT based on the LazyBear Algo.
版本注释: Converted to Pinescript V4
版本注释: Modified "alertcondition" calls to include the close placeholder, this forces the compiler to recognize the alert as a placeholder style alert (V4 Pinescript) and other placeholders can be accessed in the alarm message.

JustUncleL
开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?