Bollinger Band Breakout — Strategy by Senthaamizh
By Senthaamizh
Performance Metrics
- Author: Senthaamizh
- Symbol: NSE:BANKNIFTY
- Timeframe: 1 day
- Net P&L: +3,184,300.77 NONE (+3,184.30%)
- Win Rate: 62.0%
- Profit Factor: 3.899
- Max Drawdown: 337,240.90 NONE (18.90%)
- Total Trades: 71
- Sharpe Ratio: 0.199
Description
Jan 12, 2020It 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, 2020Release NotesModified the position sizing. Now it is based on the available capital.