OPEN-SOURCE SCRIPT

Bollinger Bands SMA 20_2 Strategy

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Mean reversion strategy using Bollinger Bands (20-period SMA with 2.0 standard deviation bands).

Trade Triggers:

🟢 BUY SIGNAL:
  • When: Price crosses above the lower Bollinger Band
  • Logic: Price has hit oversold territory and is bouncing back
  • Action: Places a long position with stop at the lower band


🔴 SELL SIGNAL:
  • When: Price crosses below the upper Bollinger Band
  • Logic: Price has hit overbought territory and is pulling back
  • Action: Places a short position with stop at the upper band

Aviso legal

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