16:T71f, //@version=5 strategy("Bollinger Band Strategy", overlay=true, margin_long=100, margin_short=100) // Input parameters length = input.int(20, title="Length", minval=1) mult = input.float(2.0, title="Standard Deviation", minval=0.5, maxval=5, step=0.1) // Calculate Bollinger Bands basis = ta.sma(close, length) dev = ta.stdev(close, length) upper = basis + dev * mult lower = basis - dev * mult // Plot Bands plot(basis, color=color.blue, title="Basis") plot(upper, color=color.red, title="Upper Band") plot(lower, color=color.green, title="Lower Band") // Trading Conditions longCondition = ta.crossover(close, lower) shortCondition = ta.crossunder(close, upper) exitLong = ta.crossunder(close, basis) exitShort = ta.crossover(close, basis) // Execute Trades if (longCondition) strategy.entry("Long", strategy.long) if (shortCondition) strategy.entry("Short", strategy.short) if (exitLong) strategy.close("Long") if (exitShort) strategy.close("Short") // Alert Conditions alertcondition(longCondition, title="Long Entry", message="Long Entry Signal") alertcondition(shortCondition, title="Short Entry", message="Short Entry Signal") alertcondition(exitLong, title="Long Exit", message="Long Exit Signal") alertcondition(exitShort, title="Short Exit", message="Short Exit Signal") This strategy:
- Uses confirmed historical data only (no repaint)
- Triggers entries on price touching Bollinger Bands
- Exits positions at middle band
- Includes alerts for all signals
- Works on any timeframe
To use: Add to TradingView chart, adjust parameters in settings if needed, and enable alerts.17:T525,//@version=5 strategy("Bollinger Band Strategy", overlay=true, margin_long=100, margin_short=100) // Input parameters length = input.int(20, title="Length", minval=1) mult = input.float(2.0, title="Standard D