OPEN-SOURCE SCRIPT
Updated IS 200EMABB long buy and sell
This script backtested some stocks, it's giving soft buy and strong buy signals,
I am using Bollinger band and 200 EMA,
Strong Buy :- If price is above 200 ema and cross over 10d ema and sma setup with BB,
Buy :- If price is below 200 ema and cross over 10d ema and sma setup with BB,
Strong Sell :- If price is below 200 ema and cross over ema and sma with input setup for BB
Sell :- If price is above 200 ema and cross over ema and sma with input setup for BB
Don't consider it as buy and sell call, do your own research ,i did it according to my experience and learning.
Thank you
I am using Bollinger band and 200 EMA,
Strong Buy :- If price is above 200 ema and cross over 10d ema and sma setup with BB,
Buy :- If price is below 200 ema and cross over 10d ema and sma setup with BB,
Strong Sell :- If price is below 200 ema and cross over ema and sma with input setup for BB
Sell :- If price is above 200 ema and cross over ema and sma with input setup for BB
Don't consider it as buy and sell call, do your own research ,i did it according to my experience and learning.
Thank you
Release Notes
Change name of the indicator to compile with the rules.Release Notes
Just change sell to exitOpen-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.