This strategy overlays a trend moving average and Supertrend bands directly on the price chart while calculating Stochastic RSI values internally. Long positions trigger when price exceeds the moving average, Supertrend signals bullish momentum, and the StochR
Strategy · Pine Script v4 · On the chart
Bollinger Bands Winner PRO [Alorse]
This strategy plots Bollinger Bands on the price chart using a simple moving average basis and a standard-deviation multiplier.
GitHub stars4on the repository
Pine versionv4older, still runs
Lines of code131
Settings28inputs
LicenceNone stated
Last update1 year ago5 Apr 2025
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
Optional RSI, long-period Aroon, and EMA or SMA filters are present but stay disabled unless a password enables the PRO path. Long entries are on by default and short entries are off, with an optional early close and a start-to-end time window. Stop settings use a percent of price or an ATR multiple, and size defaults to full equity. The excerpt does not show the exact entry conditions.
- Bollinger Bands plotted on the price chart
- Optional RSI entry filter
- Optional Aroon confirmation and stop filter
- EMA or SMA trend filter
- Percent or ATR stop with a date window
Details
Published by
Hugs-4-Bugs on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Volatility & bands, Oscillators & momentum, Moving averages, Trend
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Version | string | txtVer | version |
| Password | string | alorse | password |
| Source | source | close | src |
| Length | int | 20 | length |
| StdDev | float | 2.0 | mult |
| ╔══════ Use RSI ══════╗ | bool | true | ╔══════ Use RSI ══════╗ |
| Above | int | 45 | aboveRSI |
| Source | source | close | srcRSI |
| Length | int | 14 | lenRSI |
| Below | int | 55 | belowRSI |
| ╔══════ Use Aroon ══════╗ | bool | false | ╔══════ Use Aroon ══════╗ |
| Periods | int | 288 | lengthAr |
Show all 28 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Confirmation | int | 90 | Confirmation |
| Stop | int | 70 | Stop |
| ╔══════ Use MA ══════╗ | bool | true | ╔══════ Use MA ══════╗ |
| Moving Average Type | string | EMA | maType |
| Moving Average length | int | 200 | maLen |
| Candle % | int | 30 | Candle % |
| Long entries | bool | true | Long entries |
| Short entries | bool | false | Short entries |
| Close position early | bool | false | Close position early |
| ╔══════ Enable ══════╗ | bool | true | ╔══════ Enable ══════╗ |
| Based on | string | Percent | SLbased |
| ATR Mult | float | 3.5 | multiATR |
| Length | int | 14 | lengthATR |
| Percent | float | 6 | SLPercent |
| Start time | time | timestamp("Feb 01 2020 23:59:59") | startTime |
| End time | time | timestamp("Feb 01 2099 23:59:59") | endTime |
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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