OPEN-SOURCE SCRIPT

Bollinger Bands + EMA 9

By D499
Updated
A 1 minute scalping strategy.

Uses Bollinger Bands (no basis line) and a 9 period EMA.

Waits for price to close below the lower Bollinger Band and the next candle to close bullish above the lower Bollinger Band but below the 9 Period EMA.

If all conditions are met, the script enters a long position with TP at the 9 Period EMA.
Release Notes
Fixed the entry and exit conditions. Better code in general.
Release Notes
Added short positions
Release Notes
Bug fixes
Release Notes
Bug fixes, again
Release Notes
Full script overhaul!
Release Notes
Fixed the position sizing, credits to adolgov :D
Release Notes
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1minBands and Channelsbollingerbandstrategyemastrategyscalpingstrategy

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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