OPEN-SOURCE SCRIPT

Bollinger Stop Strategy

15 643
Classic trading strategy using the Bollinger Bands indicator.

Strategy

Only stop orders are used to enter and exit the market.
If the price crossed the upper boundary of the Bollinger Bands, then enter into a long position (and close a short position).
If the price crosses the bottom of the Bollinger Bands, then enter short (and close a long position).
Short positions can be disabled (optional).

For

Crypto-currency market
Preferably coin/fiat (BTC/USD, ETH/USDT, etc)
Timeframe 1 day only

Settings

The original settings for the Bollinger Bands indicator are set by default.
Perhaps a better result will be if you use non-original price source.
Works well with OHLC4 and HLCC4.

Aviso legal

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