OPEN-SOURCE SCRIPT
Updated Bollinger %B Candles Strategy
Strategy built based on earlier published indicator:
Looks to be doing good for short term swing trades. But, I am not sure if there is repainting. I tried to avoid buy/sell trades on same day - but wasn't successful.
So far back-tested on following:
BTCUSD - works on both long and short
$CURRENCYCOM:GOLD and equities - long only.
Some of the failures: $ASX:WPL,
WHC, 
NHC
As usual for back-testing - using 1000 as initial capital with 100% invested on each trade and no compounding so that it will be easy to compare with buy and hold. Trade with caution :)
Looks to be doing good for short term swing trades. But, I am not sure if there is repainting. I tried to avoid buy/sell trades on same day - but wasn't successful.
So far back-tested on following:
BTCUSD - works on both long and short$CURRENCYCOM:GOLD and equities - long only.
Some of the failures: $ASX:WPL,
WHC, NHCAs usual for back-testing - using 1000 as initial capital with 100% invested on each trade and no compounding so that it will be easy to compare with buy and hold. Trade with caution :)
Release Notes
Update capital and percentage of capital per trade as this is not long term strategy and hence not required to compare with buy and holdRelease Notes
Added delay in buy and sell signal to avoid buy/sell on same bars.Release Notes
Fixed error.Release Notes
Remove calc_on_order_fillsOpen-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.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
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.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
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.