Bollinger Band Breakout

21 בפבר׳ 2023

This strategy buys when price crosses above an upper Bollinger Band and sells when the lower band is breached. What makes this strategy different than others:

• Long only with filtering for only showing strong tickers
  
• Filter out trades below a moving average on both the current timeframe and a longer period timeframe to keep you out of bear markets
  
• Optional ability to set a tighter initial stop level to increase exposure and decrease downside risk on freshly opened trades while you wait for the lower Bollinger Band trailing stop to catch up
  
• Take entries/exits on wicks/stops or wait for candle closes before entry
  
• Select which dates to backtest
  
• Customize Bollinger Band parameters including the ability to have different values for the upper and lower band standard deviation