Bollinger Bands Strategy - Cohen

Indicator based on the “Prince of NY” strategy developed by Rodrigo Cohen.

It consists in the use of Bollinger Bands, combined with a coloring rule to indicate places of purchase and sale.

An entry signal is given when a candle close outside the band, where, if the next one closes inside, there is the entrance, looking for the MA or the other band.

Red candle - indicates a sell signal.

Green candle - indicates a buy signal.