Bollinger Bands Breakout Strategy by Comatus
By Comatus
Performance Metrics
- Author: Comatus
- Symbol: NASDAQ:ADI
- Timeframe: 1 day
- Win Rate: 48.1%
- Profit Factor: 2.325
Description
Strategy that's more suited to an investing timeframe than an active trading timeframe. It intends to ride the momentum of a stock that's outperforming the market, staying in until it loses its momentum. The rules are simple: Long OnlyGo Long when a candle closes above the Upper Bollinger BandClose positions that close below the Lower Bollinger BandThe idea is to maintain a small portfolio of outperforming stocks to beat a Buy & Hold strategyPer Nick Radge's Unholy GrailsDefault settings are:100 SMAUpper Multiplier: 3Lower Multiplier: 1Uses a Date & Time Range function by allanster