BB%B Strat — Strategy by okadoke
By okadoke
Performance Metrics
- Author: okadoke
- Symbol: AMEX:SPY
- Timeframe: 1 day
- Net P&L: +58,548.22 USD (+58.32%)
- Win Rate: 74.6%
- Profit Factor: 3.262
- Max Drawdown: 6,067.04 USD (4.24%)
- Total Trades: 63
- Sharpe Ratio: −0.03
Description
Simple strategy to go long when price is below a bollinger band %B threshold, or go short when above a threshold. Trades are closed when BB%B moves back to an opposite threshold.Intended to be a relatively short time frame trade, usually only a few candles, and probably better on high time frames.