OPEN-SOURCE SCRIPT

Bollinger Band strategy with split, limit, stop

Updated
Entering a short position after breaking the upper Bollinger Band, entering a long position when entering after breaking the lower Bollinger Band

Provides templates for how to display position average price, stop loss, and profit price using the plot function on the chart, and how to buy splits


After entering the position, if the price crosses the mid-band line, the stop loss is adjusted to the mid-band line.
Release Notes
snapshot update
Release Notes
stoploss code error resolving
Bands and Channelsbollingerbandstrategylimitpositionstoploss

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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