Bollinger reversal strategy

Category: Strategies By: Somatolysis Created: August 12, 2016, 9:08 AM
August 12, 2016, 9:08 AM
Strategies
33 Comments

Hello ProRealCode-community,

i´m an enthusiastic prt-user and run about 10 to 15 profitable strategies live with my IG-account. I have market experience about 15 years.

This is one of my real trading strategies. It deals with Bollinger exit and re-entry with RSI comparison. Results are on DAX/GER30 1 hour chart. It’s a long only strategy.

More can follow …. if you like …

Regards,

Somatolysis

… and here is the code …

Feel free to comment.

Happy trading.

defparam preloadpars=5000
defparam cumulateorders=false

a=average[100](Close)
StdDeviation=std[10](Close)
BBdo = a -1* StdDeviation

if not longonmarket and average[200] < average[200][2] and Close < BBdo*0.975 and RSI[10] < 20 then
 buy 1 contracts at market
endif

if longonmarket and Barindex - tradeindex >= 2 then
 sell at market
endif

set stop %loss 2.5

 

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Somatolysis Junior
Currently debugging life, so my bio is on hold. Check back after the next commit for an update.
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