Tradingview Pinescript Backtesting program for Indicator - Bollinger Band based strategy
program suitable for : swing/positional trading (without intraday exit feature)
Entry Conditions :- Modular format
buy/long entry when 'close' crosses above 'lower/upper band'
sell/short entry when 'close' crosses under 'lower/upper band'
TP-SL based exit feature / trend change exit
for any queries/doubts/confirmations do contact us first.
Bollinger Band Trading strategy backtestingk Program
- custom start and end date setting for backtesting results
- modular format for 'entry conditions' (trend change / whenever in trend)
- modular format for 'exit conditions' (tp-sl based exit / trend change based exit)
- percent (%) based TP-SL setting
- plotting TP-SL levels
- automation ready program
- choose from :- long/buy trades only or short/sell trades only or all trades
- counter signal allowance (enter counter signal trade when already in a position)
The following limitations are w.r.t. the overall working formats of a pinescript program.
- TP-SL hit on the 'entry-candle' itself won't be properly triggerred
above are the known limitations, do note, it may note be limited to only these.