Fancy Bollinger Bands Strategy [BigBitsIO] by BigBitsIO
By BigBitsIO
Performance Metrics
- Author: BigBitsIO
- Symbol: COINBASE:BTCUSD
- Timeframe: 1 day
- Net P&L: +459.12 USD (+459.12%)
- Win Rate: 80.0%
- Profit Factor: 17.234
- Max Drawdown: 28.46 USD (13.45%)
- Total Trades: 5
- Sharpe Ratio: 0.565
Description
This script is for a Bollinger Band type indicator with built-in TradingView strategy including as many features as I can possibly fit into a Bollinger Band type indicator including a wide variety of options to create the most flexible Bollinger Bands strategy possible.Features:- A single custom moving average serving as the middle band.- Standard MA inputs.- MA type.- MA period.- MA price.- MA resolution (time frame).- Visibility toggle.- MA Candle Type- Fancy MA inputs.- Toggle to show only candles included in the MA calculation ("Highlight inclusion") or display entire MA history.- Toggle to show a ghost trail when Highlight inclusion is toggled on. Displays a shaded version of past MA history before the inclusion period (as seen on snapshot).- Toggle to show forecast values for the MA.- Other inputs related to forecasting:- Forecast bias. (Neutral forecasts MA if the current price remains the same.)- Forecast period.- Forecast magnitude.- Toggle showing details on the screen- Toggle the visibility of the fill between the upper and lower bands.- Toggle to use ATR instead of the standard deviation to calculate the location of the upper and lower bands.- Custom input for the ATR period.Strategy Features-Strategy Window - only test during this window-Take Profit and Stop Loss-Open and Close conditions, including condition counts and any/all requirements-Many conditions to choose from that can either be selected to open, close or open and close a position -Conditions include: -Price crossing above/below the Upper, Middle, or Lower bands -Price being above/below the Upper, Middle, or Lower bands -Bollinger Band width crossing or being above/below custom values -Percent B crossing or being above/below custom valuesThis script may contain errors, or out of date code. Please be mindful of updates to the script.*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***