This buy strategy is true when the HIGHBB value is lower than the buy_value specified.
This sell strategy is true when the HIGHBB value is higher than the sell_value specified.
HIGHBB values you specify are percentages of the BB width. Width = HIGHBB - LOWBB and a buy_value/sell_value of 10 represents 10% of this width.
Use Tradingview to visualize this indicator.
View on Tradingview
100 = 100% of the BB width below HIGHBB. i.e. on the LOWBB line
50 = 50% of the BB width below HIGHBB. i.e halfway between HIGHBB and LOWBB
0 = on the HIGHBB line
-45.25 = 45.25% of the BB width above HIGHBB
-100 = 100% of the BB width above HIGHBB
# Buy when HIGHBB value is lower than 10 (meaning closer to the HIGHBB line)
DEFAULT_A_buy_strategy_label = HIGHBB5M
DEFAULT_A_buy_strategy = HIGHBB
DEFAULT_A_buy_value = 10
# Sell when HIGHBB value is bigger than 60 (meaning further away from the HIGHBB line)
DEFAULT_A_sell_strategy_label = HIGHBB5M
DEFAULT_A_sell_strategy = HIGHBB
DEFAULT_A_sell_value = 60
# Buy when HIGHBB value is lower than -5 (meaning further away above the HIGHBB line)
DEFAULT_DCA_A_buy_strategy_label = HIGHBB5M
DEFAULT_DCA_A_buy_strategy = HIGHBB
DEFAULT_DCA_A_buy_value = -5
# Sell when HIGHBB value is bigger than 60 (meaning further away from the HIGHBB line)
DEFAULT_DCA_A_sell_strategy_label = HIGHBB5M
DEFAULT_DCA_A_sell_strategy = HIGHBB
DEFAULT_DCA_A_sell_value = 60
HIGHBB5M_candle_period = 300
HIGHBB5M_length = 20
HIGHBB5M_std = 2