Calculates standard Bollinger Bands and identifies band expansion breakouts where upper and lower bands move in opposite directions. It enters long positions when price breaks above the upper band with a high candle body percentage, and enters short positions
Strategy · Pine Script v6 · On the chart
Bollinger - 3 TPs (Frecuentes)
A Bollinger Band breakout strategy with Spanish-language settings.
GitHub stars1on the repository
Pine versionv6current
Lines of code204
Settings9inputs
LicenceNone stated
Last update2 months ago23 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Bollinger - 3 TPs (Frecuentes) goes long when price closes above the upper band and short when it closes below the lower band, limited to a configurable date range and a cooldown of bars between trades. Three take-profit levels are projected at ATR multiples of 0.5, 1.0 and 1.8 from entry. No stop loss was found in the code. Position size is a small percentage of equity.
- Bollinger Band cross entries, long and short
- Date range filter and bar cooldown
- Three ATR-based take-profit levels
- No stop loss found in the code
Details
Published by
vedkanani123 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Breakout, Volatility & bands
Markets
Any symbol
Timeframes
M15-H1
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fecha Inicio | time | timestamp("2026-06-01") | start_date |
| Fecha Fin | time | timestamp("2026-06-16") | end_date |
| Barras entre operaciones | int | 15 | cooldown_bars |
| Longitud BB | int | 20 | lengthBB |
| Desviación | float | 2.0 | multBB |
| ATR Period | int | 14 | atr_len |
| TP1 Múltiplo (Muy cercano) | float | 0.5 | tp1_mult |
| TP2 Múltiplo (Cercano) | float | 1.0 | tp2_mult |
| TP3 Múltiplo (Medio) | float | 1.8 | tp3_mult |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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