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LucasZancheta

Bollinger Bands Strategy - Cohen

LucasZancheta  
Bollinger Bands (BB) Moving Averages Exponential Moving Average (EMA) cohen bollingerbandstrategy
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bollingerbands movingaverage ema cohen bollingerbandstrategy
Indicator based on the “Prince of NY” strategy developed by Rodrigo Cohen.

It consists in the use of Bollinger Bands, combined with a coloring rule to indicate places of purchase and sale.

An entry signal is given when a candle close outside the band, where, if the next one closes inside, there is the entrance, looking for the MA or the other band.

Red candle - indicates a sell signal.

Green candle - indicates a buy signal.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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