Bollinger Bands Simple Strategy by Alby1611
By Alby1611
Performance Metrics
- Author: Alby1611
- Symbol: DELTAIN:HUSD.P
- Timeframe: 5 minutes
- Win Rate: 57.9%
- Profit Factor: 0.747
Description
This is a simple Bollinger Bands mean-reversion strategyIt works like this:BUY when price closes below the lower Bollinger BandSELL when price closes above the upper Bollinger BandIt only opens one trade at a time because pyramiding = 0Once a trade is open, it manages risk with:a dynamic stop loss based on the most recent swing low/high plus an ATR buffera target at the Bollinger middle band (basis, the 20 SMA)So the logic is:long trades expect price to move back up toward the middle bandshort trades expect price to move back down toward the middle bandThe chart also shows:the basis as a blue linethe upper and lower bandsan orange stop loss linea light-green target lineBUY/SELL markers on entryexit labels when a trade closesOne important detail: the stop loss and target are dynamic, so they update every bar while the trade is open. That means the stop can trail as price moves.In simple terms, this strategy is trying to catch short-term reversals after price stretches too far outside the Bollinger Bands, then exit when price returns to the middle.