Bollinger Extension Fade Scalper — Strategy by hardingpham2205
By hardingpham2205
Performance Metrics
- Author: hardingpham2205
- Symbol: OANDA:XAUUSD
- Timeframe: 5 minutes
- Win Rate: 43.9%
- Profit Factor: 0.132
Description
Mean-reversion scalping strategy that fades extreme price extensions beyond Bollinger Bands. Enters counter-trend when price breaks the band by a configurable ATR distance AND RSI hits overbought/oversold, with optional volume exhaustion confirmation (climactic blow-off or gradual decline).Designed for XAUUSD and BTC on 1m–15m timeframes. Parameters auto-adjust per timeframe.Key features:- Configurable extension threshold (ATR-based) and RSI levels- Five volume modes: None, Climactic, Gradual, Either, Both- Risk-based position sizing (% equity per trade) with leverage cap- SL and TP caps in price or pip units (independent toggles)- Time stop (force-close if neither TP nor SL hit)- Optional filters: ADX, EMA200 slope, session hours, daily loss cap- Full alert system (Text or JSON format) for app notifications and webhook automation- Non-repainting — orders execute at next bar's openBest for traders who want to fade exhaustion moves on volatile assets. Not suitable for strong trending markets — enable trend filters for safer operation.Release NotesMean-reversion scalping strategy that fades extreme price extensions beyond Bollinger Bands. Enters counter-trend when price breaks the band by a configurable ATR distance AND RSI hits overbought/oversold, with optional volume exhaustion confirmation (climactic blow-off or gradual decline).Designed for XAUUSD and BTC on 1m–15m timeframes. Parameters auto-adjust per timeframe.Key features:- Configurable extension threshold (ATR-based) and RSI levels- Five volume modes: None, Climactic, Gradual, Either, Both- Risk-based position sizing (% equity per trade) with leverage cap- SL and TP caps in price or pip units (independent toggles)- Time stop (force-close if neither TP nor SL hit)- Optional filters: ADX, EMA200 slope, session hours, daily loss cap- Full alert system (Text or JSON format) for app notifications and webhook automation- Non-repainting — orders execute at next bar's openBest for traders who want to fade exhaustion moves on volatile assets. Not suitable for strong trending markets — enable trend filters for safer operation.