OPEN-SOURCE SCRIPT
已更新 [blackcat] L1 Pawel Kosinski BB with Candles

Level 1
Background
In Traders’ Tips of October 2019, the focus is Pawel Kosinski’s article : “Combining Bollinger Bands With Candlesticks”
Function
In “Combining Bollinger Bands With Candlesticks” in this issue, author Pawel Kosinski introduces us to a trading indicator that combines standard Bollinger Bands with the bullish engulfing candlestick pattern. Along the way we get a glimpse into the author’s process for trading strategy design and testing.
Remarks
Feedbacks are appreciated.
Background
In Traders’ Tips of October 2019, the focus is Pawel Kosinski’s article : “Combining Bollinger Bands With Candlesticks”
Function
In “Combining Bollinger Bands With Candlesticks” in this issue, author Pawel Kosinski introduces us to a trading indicator that combines standard Bollinger Bands with the bullish engulfing candlestick pattern. Along the way we get a glimpse into the author’s process for trading strategy design and testing.
Remarks
Feedbacks are appreciated.
發行說明
OVERVIEWThe [blackcat] L1 Pawel Kosinski Bollinger Bands with Candles indicator combines Bollinger Bands with candlestick patterns to provide traders with enhanced visual cues for potential buy and sell opportunities. This script calculates Bollinger Bands using user-defined inputs and identifies specific candlestick patterns, such as bullish engulfing patterns and Bollinger Band triggers. It colors bars accordingly and plots labels on the chart for easy identification of these patterns 📈🕯️.
FEATURES
Customizable Bollinger Bands parameters:
Length
Number of Deviations
Price source
Detects key candlestick patterns:
Bullish Engulfing Pattern
Bollinger Band Triggers
Colors bars based on identified patterns for quick visualization 🎨
Plots Bollinger Bands (Upper, Middle, Lower) on the chart 📊
Adds labels to indicate buy ('B') and sell ('S') signals 🏷️
Generates alerts for detected patterns and RSI crossunders 🔔
HOW TO USE
Add the indicator to your TradingView chart by selecting it from the indicators list.
Adjust the input settings according to your preferences ⚙️.
Monitor the chart for colored bars indicating detected patterns.
Observe the plotted labels for buy and sell signals.
Set up alerts based on the generated signals to receive notifications when conditions are met 📲.
LIMITATIONS
The indicator relies heavily on candlestick patterns and Bollinger Bands, which may not be suitable for all market conditions.
False signals can occur in highly volatile or ranging markets 🌪️.
Users should always combine this indicator with other forms of analysis before making trading decisions.
NOTES
Ensure that you have sufficient historical data available for accurate calculations.
Test the indicator thoroughly on demo accounts before applying it to live trading 🔍.
Customize alert conditions as needed to fit your trading strategy.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
Avoid losing contact!Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联,请立即行动,加入本猫聊天群: discord.com/invite/ZTGpQJq
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
Avoid losing contact!Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联,请立即行动,加入本猫聊天群: discord.com/invite/ZTGpQJq
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。