forexpirate

Double Bollinger Bands Strategy

Double Bollinger Strategy. Price crosses inner BB (with increasing outer BB) long is placed. Long is closed when price closes below outer BB. Reversed for short. The numbers are tuned for NZDUSD 15min chart.

Pbin = percent on inner BB
Pbout = percent on outer BB

There are all kinds of other inputs, trailing stop, limit, etc.

Errors, questions, suggestions are wanted, thank you
Von Favorisierten Skripten entfernen Zu Favorisierten Skripten hinzufügen
//@version=2
strategy("BB Strat",default_qty_type = strategy.percent_of_equity, default_qty_value = 100,currency="USD",initial_capital=100, overlay=true)
l=input(title="length",defval=100)
pbin=input(type=float,step=.1,defval=.25)
pbout=input(type=float,step=.1,defval=1.5)
ma=sma(close,l)
sin=stdev(ma,l)*pbin
sout=stdev(ma,l)*pbout
inu=sin+ma
inb=-sin+ma
outu=sout+ma
outb=-sout+ma
plot(inu,color=lime)
plot(inb,color=lime)
plot(outu,color=red)
plot(outb,color=yellow)

inpTakeProfit = input(defval = 0, title = "Take Profit", minval = 0)
inpStopLoss = input(defval = 0, title = "Stop Loss", minval = 0)
inpTrailStop = input(defval = 0, title = "Trailing Stop Loss", minval = 0)
inpTrailOffset = input(defval = 0, title = "Trailing Stop Loss Offset", minval = 0)
useTakeProfit = inpTakeProfit >= 1 ? inpTakeProfit : na
useStopLoss = inpStopLoss >= 1 ? inpStopLoss : na
useTrailStop = inpTrailStop >= 1 ? inpTrailStop : na
useTrailOffset = inpTrailOffset >= 1 ? inpTrailOffset : na


longCondition = close>inu and rising(outu,1) 
exitlong = (open[1]>outu and close<outu) or crossunder(close,ma)

shortCondition = close<inb and falling(outb,1)
exitshort = (open[1]<outb and close>outb) or crossover(close,ma)

strategy.entry(id = "Long", long=true, when = longCondition)
strategy.close(id = "Long", when = exitlong)
strategy.exit("Exit Long", from_entry = "Long", profit = useTakeProfit, loss = useStopLoss, trail_points = useTrailStop, trail_offset = useTrailOffset, when=exitlong)

strategy.entry(id = "Short", long=false, when = shortCondition)
strategy.close(id = "Short", when = exitshort)
strategy.exit("Exit Short", from_entry = "Short", profit = useTakeProfit, loss = useStopLoss, trail_points = useTrailStop, trail_offset = useTrailOffset, when=exitshort)

Kommentare

hi. how can you make it to t/p at +30 pips and s/l at -15 ??
Antworten
forexpirate YoussefRazak
When you add the script to your chart look for a gear symbol near its label on the chart upper left side. When you press the gear symbol you it choices, look for a list that includes stop loss, trailing stop, limit (profit). That is where you enter that information.
+1 Antworten
Hi...Can you help understand the +/- numeric values near each comment ? rgds
Antworten
The +- is the amount long or short. I dont remember if I was using USD or contracts when I published this script.
Antworten
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Preise Einen Freund empfehlen Hausregeln Hilfe Center Webseite & Brokerlösungen Widgets Charting Lösungen Lightweight Charting Library Blog & News Twitter
Profil Profileinstellungen Konto und Abrechnung Angeworbene Freunde Coins Meine Support Tickets Hilfe Center Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden