Bollinger Bands %B
Added BB cloud, trade strategy in general:
- buy when %b is under the cloud and near or below 0
- sell when %b is above the cloud and near or above 1
- when %b is inside the cloud it's in a area of turbulence, the general trend and divergence on higher frames can help to determined the direction
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Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Skrymten directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.