Senthaamizh

Bollinger Band Breakout

It is a long only strategy.

1. Buy when price breaks out of the upper band.
2. Exit has two options. Option 1 allows you to exit using lower band. Option 2 allows you to exit using moving average.
3. Option 1 preferred over option 2 if the instrument is highly volatile.
4. Slippage and commissions are not considered in the return calculation.
Jan 12
Note di rilascio: Modified the position sizing. Now it is based on the available capital.
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Commenti

Thank you for this strategy, looks very good.

Just of curiosity : why buy when breaks the upper band, shouldn't it buy when it breaks the lower one ? I'm trying to understand BB, your answer would be very appreciated
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interesno drutrading88
@drutrading88, i tested.. with "upper" it's better, than with lower :) i'm surprised :)
+1 Rispondi
Hey Brother, i have a Question. WHere i can Put this Code for Work??? I´m learning about creat Code for Indicators. Thks
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Your code doesnt work?
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