by 
This strategy plots Bollinger Bands on the price chart with adjustable length, standard deviation, and offset. It defines buy and sell zones using candle size percentage and body size thresholds. Long positions enter when the lower zone is breached without con
Strategy · Pine Script v5 · On the chart
SVIX Bollinger Bands Strategy V2
The SVIX Bollinger Bands Strategy V2 uses Heikin-Ashi price calculations to plot customized Bollinger Bands and Keltner Channels directly on the price chart.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code62
Settings6inputs
LicenceNone stated
Last update1 year ago7 Oct 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
SVIX Bollinger Bands Strategy V2 triggers a long entry when the Heikin-Ashi close crosses above the lower Bollinger Band. The strategy exits all positions when the price crosses below the maximum of the upper Bollinger Band or upper Keltner Channel. An optional fixed percentage stop loss protects open positions. Input settings allow users to adjust band lengths, multipliers, and true range sources.
- Heikin-Ashi price calculation source
- Overlay of Bollinger Bands and Keltner Channels
- Lower band crossover entry logic
- Upper channel crossunder exit rules
- Configurable stop loss toggle
Details
Published by
wynnforthework on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Volatility & bands, Mean reversion, Moving averages
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| enableStopLoss | bool | true | enableStopLoss |
| bollLength | int | 21 | bollLength |
| bollMult | float | 2.25 | bollMult |
| kcLength | int | 26 | kcLength |
| kcMult | float | 2.15 | kcMult |
| kcUseHaTr | bool | false | kcUseHaTr |
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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