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J-Streak

(JS) Bollinger Band Momentum Average Trailing Stops

J-Streak  
Bollinger Bands (BB) Standard Deviation Moving Averages squeeze squeezemomentum bollingerbandstrategy Bollinger Bands Width (BBW) bollinger_bands bollingerbandsqueeze bollingersqueeze bollingerbandsstrategy
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bollingerbands standarddeviation movingaverage squeeze squeezemomentum bollingerbandstrategy bollingerbandswidth bollinger_bands bollingerbandsqueeze bollingersqueeze bollingerbandsstrategy
A tool I made to use alongside the Bollinger Band Momentum Average - fairly simple to use. It has the same settings as the BBMA so you can match them together.
If you prefer a wider stop than a close on the opposing side of the BBMA, this is for you.
The "stop" is triggered by a close on the other side of the stop line line turns red whenever the stop is triggered.

The calculation is simple:
The stop on the short side it is High - BBMA over the length of time you select to use (20 is default).
On the long side, it is BBMA - Low also over the preferred length of time you select to use.

Note: Just shorten the length to make a tighter stop.
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This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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