PROTECTED SOURCE SCRIPT
(JS) Bollinger Band Momentum Average Trailing Stops
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.
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.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.