OPEN-SOURCE SCRIPT
Angle of Bollinger Bands Alert
This script is used to calculate angle of Bollinger Bands and also setup alerts.
The angle is based on the rules:
- if the previous 2 is 1.1, previous 1 is 1, and the current is 1.1, then the angle should be 90 degrees.
- if the previous 2 is 0.9, previous 1 is 1, and the current is 0.9, then the angle should be 270 degrees
If upper angle is below 90 degrees and close is above the average, it is long signal.
If lower angle is above 270 degrees and close is below the average, it is short signal.
- It is good for catch trend trading.
- Not good for swing trading as the BB changes are very tiny but angles for upper may hit below 90 degrees or angle of lower may be above 270 degrees.
The angle is based on the rules:
- if the previous 2 is 1.1, previous 1 is 1, and the current is 1.1, then the angle should be 90 degrees.
- if the previous 2 is 0.9, previous 1 is 1, and the current is 0.9, then the angle should be 270 degrees
If upper angle is below 90 degrees and close is above the average, it is long signal.
If lower angle is above 270 degrees and close is below the average, it is short signal.
- It is good for catch trend trading.
- Not good for swing trading as the BB changes are very tiny but angles for upper may hit below 90 degrees or angle of lower may be above 270 degrees.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
遁一子交易入道 jesselau.com/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
遁一子交易入道 jesselau.com/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。