Luckscout's Double Bollinger Bands Strategy

Long Trade Setups:
To go long (to buy), you have to wait for one of the candlesticks to close above the BB upper band. (background color is green)
Short Trade Setups:
To go short (to sell), you have to wait for one of the candlesticks to close below the BB lower band. (background color is red)
How To Maximize Your Profit?
As I explained above, this trading system is good in catching the trends. Therefore, you’d better to take the advantage of the strong movements and maximize your profit.

When there is a strong trade setup, you can also take two positions with the same stop loss, when there is a trade setup based on the Double Bollinger Bands trading system. Set a 2 x SL target for the first position, and no target for the second one. If the first position hits the target, move the second’s position stop loss to breakeven and hold it (TLDR : Hold a sell as long as background is red)

In case of a long position, hold the second position as long as the candlesticks form between the BB1 and BB2 upper bands, or above the Bollinger Middle Band. Close the second position when candlesticks start crossing the BB1 upper bands, or when one of the candlesticks breaks below the Bollinger Middle Band . (TLDR : Holda buy as long as background is green)
Jan 25
הערות שחרור: fixed fill color conditions
הסר מסקריפטים מועדפים הוסף לסקריפטים מועדפים


This script is the best script I have seen on Tradingview and frankly I can't believe one has commented (except @Chakku) on this! I just wanted to say thanks for coding this! It's amazing!!
Biticon TradeIQ207
@TradeIQ207, hey, thank you i'm glad that you like it! i liked very much that strategy and made a script based on it.
Appreciate that!
Biticon Chakku
@Chakku, thank you i am happy that you liked my script.
בית סורק מניות סורק מט"ח סורק מטבעות-קריפטו יומן כלכלי איך זה עובד‏ תכונות גרף מחירון הפנה חבר חוקי הבית מרכז תמיכה כלים לאתרים וברוקרים יישומונים פתרונות גרפיים ספריית גרפים קלי משקל בלוג וחדשות טוויטר‏
פרופיל הגדרות פרופיל חשבון וחיוב הפנה חבר לשוניות התמיכה שלי מרכז תמיכה רעיונות שפורסמו עוקבים עוקב הודעות פרטיות צ'אט התנתק