INVITE-ONLY SCRIPT
Bollinger Bands Reversal setups
Diupdate
This strategy is meant to be traded mainly on the Forex market.
It is to be used in ranging markets after having identified both support and resistance. You need to identify those zones manually with your preferred method.
The current script will look for a candle breaking the lower band of the Bollinger bands (20,2) followed by an Engulfing candle for a bullish trade.
For a bearish trade, we are looking for a break of the upper band of the Bollinger Bands (20,2) followed by an Engulfing candle.
A setup is only valid if both the engulfed & engulfing candles break the Bollinger Bands.
Additionally, a trade would be triggered only if the price breaks the low of the Engulfing candle ( bearish ) or the high of that candle ( bullish ).
At the moment, the indicator doesn't show the actual Bollinger Bands to reduce clutter on the chart.
You can add a 20,2 Bollinger Band if you prefer.
If you want to get access to this script, send me a private message through TradingView.
Etienne Crete
It is to be used in ranging markets after having identified both support and resistance. You need to identify those zones manually with your preferred method.
The current script will look for a candle breaking the lower band of the Bollinger bands (20,2) followed by an Engulfing candle for a bullish trade.
For a bearish trade, we are looking for a break of the upper band of the Bollinger Bands (20,2) followed by an Engulfing candle.
A setup is only valid if both the engulfed & engulfing candles break the Bollinger Bands.
Additionally, a trade would be triggered only if the price breaks the low of the Engulfing candle ( bearish ) or the high of that candle ( bullish ).
At the moment, the indicator doesn't show the actual Bollinger Bands to reduce clutter on the chart.
You can add a 20,2 Bollinger Band if you prefer.
If you want to get access to this script, send me a private message through TradingView.
Etienne Crete
Catatan Rilis
Indicator identify extreme levels in the market using Bollinger Bands combined with reversal candles.This indicator is reserved to current Desire To Trade students. If you'd like access, send an email to support@desiretotrade.com
Skrip hanya-undangan
Akses ke skrip ini dibatasi hanya bagi pengguna yang telah diberi otorisasi oleh penulisnya dan biasanya membutuhkan pembayaran untuk dapat menggunakannya. Anda dapat menambahkannya ke favorit anda, tetapi anda hanya akan dapat menggunakannya setelah meminta izin dan mendapatkan aksesnya dari pembuat skripnya. HubungiEtienneCrete1 untuk informasi lebih lanjut, atau ikuti instruksi penulisnya dibawah ini.
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Instruksi penulis
″This indicator is reserved to current Desire To Trade students.
If you'd like access, send an email to support@desiretotrade.com
Inggin menggunakan skrip ini pada chart?
Peringatan: harap membaca sebelum meminta akses.
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