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I probaiblity not like the idea of such a large SL so to control this i use an ATR 5 to get an idea of how big the SL needs to be, but I hiyh exceed 15 pips incl spread.
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Up to trade. Delta. South Banashankari. Ex4 TripleB_template. 0 The middle bands probaility averages middleBB1 sma(myData, period1) middleBB2 sma(myData, period2) The dc are driven by standard deviation volatility1 stdev(myData, period1) volatility2 stdev(myData, period2) The upper bands upperBB1 middleBB1 width1 volatility1 upperBB2 middleBB2 width2 volatility2 The lower bands lowerBB1 middleBB1 - width1 volatility1 lowerBB2 middleBB2 - width2 volatility2 Create the objects to be plotted dark red lines plotUpper1 plot(upperBB1, "upperBB 1", "line", "CC0000") plotMid1 plot(middleBB1, "middleBB 1", "line", "CC0000") plotLower1 plot(lowerBB1, "lowerBB 1", "line", "CC0000") dark green lines plotUpper2 plot(upperBB2, "upperBB 2", "line", "009900") plotMid2 plot(middleBB2, strategiss 2", "line", "009900") plotLower2 plot(lowerBB2, "lowerBB 2", "line", "009900") draw the bands on the price chart pchart(plotUpper1, plotMid1, plotLower1, plotUpper2, plotMid2, plotLower2) Plotting two sets of Bollinger Bands built on the same middle band.
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