Bollinger Fanboy v3.0
I can't be help liable for any losses suffered from the use of this script. Use at your own risk.
study(title="Bollinger Fanboy", shorttitle="Bollinger Fanboy", overlay=true) bf_spread = input(title="Spread", type=float, defval=0.0000) bf_period = input(title="Period", type=integer, defval=20) bf_stddev = input(title="Standard Deviation", type=integer, defval=2) bf_profit = input(title="Profit Ratio", type=float, defval=1.50) bf_rsi = input(title="RSI Spacer", type=integer, defval=20) bf_middle = sma(close, bf_period) bf_top = bf_middle + (stdev(close, bf_period) * bf_stddev) bf_bottom = bf_middle - (stdev(close, bf_period) * bf_stddev) bf_height = ((high + bf_spread) - (low - bf_spread)) * bf_profit bf_short_entry = low - bf_spread bf_short_stop = high + bf_spread bf_short_exit = bf_short_entry - bf_height bf_long_entry = high + bf_spread bf_long_stop = low - bf_spread bf_long_exit = bf_long_entry + bf_height bf_long = close < bf_middle ? (close > bf_bottom ? true : false) : false bf_short = close > bf_middle ? (close < bf_top ? true : false) : false bf_lowest = low == lowest(bf_period / 2) ? ( low < bf_bottom ? true : false ) : false bf_highest = high == highest(bf_period / 2) ? ( high > bf_top ? true : false ) : false bf_rsi_long = rsi(close, 20) > 50 ? (rsi(close, 20) < (50 + bf_rsi) ? true : false) : false bf_rsi_short = rsi(close, 20) < 50 ? (rsi(close, 20) > (50 - bf_rsi) ? true : false) : false bf_go_long = bf_long ? ( bf_lowest ? ( bf_long_exit < (bf_middle - bf_spread) ? (bf_rsi_short ? true : false) : false ) : false ) : false bf_go_short = bf_short ? ( bf_highest ? ( bf_short_exit > (bf_middle + bf_spread) ? (bf_rsi_long ? true : false) : false ) : false ) : false bf_enter = bf_go_long ? bf_long_entry : ( bf_go_short ? bf_short_entry : bf_enter[1] ) bf_exit = bf_go_long ? bf_long_exit : ( bf_go_short ? bf_short_exit : bf_exit[1] ) bf_stop = bf_go_long ? bf_long_stop : ( bf_go_short ? bf_short_stop : bf_stop[1] ) plot(bf_enter == bf_enter[bf_period] ? na : bf_enter, title="Entry", color=orange, style=circles, linewidth=2) plot(bf_enter == bf_enter[bf_period] ? na : bf_exit, title="Exit", color=green, style=circles, linewidth=2) plot(bf_enter == bf_enter[bf_period] ? na : bf_stop, title="Stop", color=red, style=circles, linewidth=2)