Alert BB + RSI [Alorse] is a multi-symbol mean-reversion strategy designed for cryptocurrency trading. It evaluates Bollinger Bands and the Relative Strength Index (RSI) across up to 20 user-defined ticker symbols simultaneously. The strategy enters long posit
Strategy · Pine Script v4 · On the chart
Bollinger band (band display 5σ)
This strategy plots a 20-period simple moving average of the close and Bollinger bands from one through five standard deviations.
GitHub stars106on the repository
Pine versionv4older, still runs
Lines of code41
Settings0inputs
LicenceGPL-3.0
Last update2 years ago18 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
41 lines of Pine Script v4 from Bollinger band (band display 5σ).pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
strategy(title="Bollinger band (band display 5σ)", overlay=true)
//sma算出
pine_sma(x, y) =>
sum = 0.0
for i = 0 to y - 1
sum := sum + x[i] / y
sum
dev = stdev(close,20)
basis = pine_sma(close,20)
upper_1 = basis + dev
lower_1 = basis - dev
upper_2 = basis + dev * 2
lower_2 = basis - dev * 2
upper_3 = basis + dev * 3
lower_3 = basis - dev * 3
upper_4 = basis + dev * 4
lower_4 = basis - dev * 4
upper_5 = basis + dev * 5
lower_5 = basis - dev * 5
plot(basis, title='25MA線色', color=color.blue, linewidth=2,transp=100)
u1 = plot(upper_1, title='+1σ線色',transp=100)
l1 = plot(lower_1, title='-1σ線色',transp=100)
u2 = plot(upper_2, title='+2σ線色',transp=100)
l2 = plot(lower_2, title='-2σ線色',transp=100)
u3 = plot(upper_3, title='+3σ線色',transp=100, color=color.orange)
l3 = plot(lower_3, title='-3σ線色',transp=100, color=color.orange)
u4 = plot(upper_4, title='+4σ線色',transp=100, color=color.red)
l4 = plot(lower_4, title='-4σ線色',transp=100, color=color.red)
u5 = plot(upper_5, title='+5σ線色',transp=80, color=color.purple)
l5 = plot(lower_5, title='-5σ線色',transp=80,color=color.purple)
fill(u1,l1, title='±1σ帯域色',color=color.aqua, transp=80)
fill(u1,u2, title='+2σ帯域色',color=color.yellow, transp=80)
fill(l1,l2, title='-2σ帯域色',color=color.yellow, transp=80)
fill(u2,u3, title='+3σ帯域色',color=color.orange, transp=80)
fill(l2,l3, title='-3σ帯域色',color=color.orange, transp=80)
fill(u3,u4, title='+4σ帯域色',color=color.red, transp=80)
fill(l3,l4, title='-4σ帯域色',color=color.red, transp=80)
fill(u4,u5, title='+5σ帯域色',color=color.purple, transp=80)
fill(l4,l5, title='-5σ帯域色',color=color.purple, transp=80)
Expand (46 lines)
Overview
Bollinger band (band display 5σ) draws the basis and each upper and lower band on the price chart, then fills the zones between successive bands in different colors. The length and deviation multiples are fixed because no inputs are defined. The shown code contains no order entries, exits, or stop loss.
- 20-period custom SMA basis
- Bands from 1 to 5 standard deviations
- Colored fills between successive bands
- Price-chart overlay
- Fixed length and deviation multiples
Details
Published by
hasnocool on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
analysisbtcusdtcryptocurrencydatapandaspythonsimulationtradingtradingview
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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