This buy strategy is true when the LOWBB value is lower than the buy_value
specified.
This sell strategy is true when the LOWBB value is higher than the sell_value
specified.
LOWBB 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 above LOWBB. i.e. on the HIGHBB line
50 = 50% of the BB width above LOWBB. i.e halfway between HIGHBB and LOWBB
0 = on the LOWBB line
-45.25 = 45.25% of the BB width below LOWBB
-235 = 235% of the BB width below LOWBB
# Buy when LOWBB value is lower than 10 (meaning closer to the LOWBB line or below it)
DEFAULT_A_buy_strategy_label = LOWBB5M
DEFAULT_A_buy_strategy = LOWBB
DEFAULT_A_buy_value = 10
# Sell when LOWBB value is bigger than 40 (meaning further away from the LOWBB line going up)
DEFAULT_A_sell_strategy_label = LOWBB5M
DEFAULT_A_sell_strategy = LOWBB
DEFAULT_A_sell_value = 40
# Buy when LOWBB value is lower than -5 (meaning further away below the LOWBB line)
DEFAULT_DCA_A_buy_strategy_label = LOWBB5M
DEFAULT_DCA_A_buy_strategy = LOWBB
DEFAULT_DCA_A_buy_value = -5
# Sell when LOWBB value is bigger than 40 (meaning further away from the LOWBB line going up)
DEFAULT_DCA_A_sell_strategy_label = LOWBB5M
DEFAULT_DCA_A_sell_strategy = LOWBB
DEFAULT_DCA_A_sell_value = 40
LOWBB5M_candle_period = 300
LOWBB5M_length = 20
LOWBB5M_std = 2