Today, we built Tradingview Pine Script Bollinger Bands support and resistance strategy. Drift Bollinger Bands focuses on trendy markets and made BUY SELL strategy with Stop loss and target price, and backtested the results. Click โShow moreโ to learn more:
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In this video, we learned how to use Bollinger bands indicator in the correct way to make a trading strategy. Lastly, we backtested the strategy to evaluate its success.
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Watch my last video on Tilted RSI Trading Strategy: https://youtu.be/gSJen0SfFc0
Watch on How to Build Tradingview pine script BUY SELL strategy: https://youtu.be/6JPWTDa8aG4
Watch part 1 on How to use Pine Script TradingView v5: https://youtu.be/xJFQimVqp-I
Watch part 2 on How to combine two indicators in TradingView pine script v5: https://youtu.be/E83URba1BBA
Watch part 4 on Pine Script TRAILING Stop Loss v5: https://youtu.be/FkszoNLhwKU
Watch part 5 on declaring functions in pine script: https://youtu.be/LG5J-PRKfio
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TimeStamps:
Introduction (0:00)
Topics to cover (1:35)
Bollinger Bands Code (2:50)
Trend Filter Code using EMA (5:15)
Important Info (6:45)
Volatility Filter code (7:52)
Trade Entry and Exit Conditions (9:42)
Stop loss and Trailing Profit (11:42)
Strategy Final Output (16:25)
Future Videos on trading strategies (16:53)
Google Drive Access (17:28)
Outro (18:00)
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