OPEN-SOURCE SCRIPT
SuperJump Turn Back Bollinger Band
Mis à jour
This is a simple indicator using bolinger band return.
After the candle's bolinger band broke out,
Turn back inside BB is the entry point.
Usually there are more than two triangles, so you can wait after ordering a better price.
https://www.tradingview.com/x/DYrMEZYP/
As you already know about it, it is very dangerous for the bolinger band to enter in the reverse direction when a strong trend is created.
That's why I made the Red Line. It is calculated by ATR and will suggest you an appropriate StopLoss value.
https://www.tradingview.com/x/PI4uoEgw/
After the candle's bolinger band broke out,
Turn back inside BB is the entry point.
Usually there are more than two triangles, so you can wait after ordering a better price.
https://www.tradingview.com/x/DYrMEZYP/
As you already know about it, it is very dangerous for the bolinger band to enter in the reverse direction when a strong trend is created.
That's why I made the Red Line. It is calculated by ATR and will suggest you an appropriate StopLoss value.
https://www.tradingview.com/x/PI4uoEgw/
Notes de version
Fixed Signal Error for AlertAdded SL Price at Alert message
Notes de version
Fixed SignalNotes de version
Visualized the signals using the two Bollinger bands proposed by ronicm29Thanks.
Script open-source
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