RED background —> SHORT ONLY —> open short on yellow candle IF above BB middle line (MA20)
CLOSE short on BB lower band line
GREEN background —> LONG ONLY —> open long on white candle IF below BB middle line (MA20)
CLOSE long on BB upper band line
simple but not magic, should be used as a base charting. I always do some analyze on top to catch good entry and manage good RR
CLOSE short on BB lower band line
GREEN background —> LONG ONLY —> open long on white candle IF below BB middle line (MA20)
CLOSE long on BB upper band line
simple but not magic, should be used as a base charting. I always do some analyze on top to catch good entry and manage good RR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.