OPEN-SOURCE SCRIPT
Bollinger Bands + Volume (Version.1)
Bollinger Bands + Volume (Version.1)
This is just version 1, "version 2 ,version 3,version 4" are coming, which are better than this version.
-This indicator used the volume with Bollinger Bands.
-This indicator generates BUY and SELL signals.
-Whenever price will touch the upper band and if the buying volume is low and the selling volume is high Then it will give SELL signal.
AND
-Whenever price will touch the lower band and if the selling volume is low and the buying volume is high Then it will give BUY signal.
This is just version 1, "version 2 ,version 3,version 4" are coming, which are better than this version.
-This indicator used the volume with Bollinger Bands.
-This indicator generates BUY and SELL signals.
-Whenever price will touch the upper band and if the buying volume is low and the selling volume is high Then it will give SELL signal.
AND
-Whenever price will touch the lower band and if the selling volume is low and the buying volume is high Then it will give BUY signal.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.