BOLLY Bands — Strategy by Quick_Edge_Stocks
By Quick_Edge_Stocks
Performance Metrics
- Author: Quick_Edge_Stocks
- Symbol: FX:EURUSD
- Timeframe: 1 minute
- Net P&L: +7,998.34 USD (+8.00%)
- Win Rate: 72.6%
- Profit Factor: 3.246
- Max Drawdown: 720.72 USD (0.69%)
- Total Trades: 321
- Sharpe Ratio: 1.367
Description
This is a strategy using Bollinger Bands. The strategy is predicated around having low volatility in price action and then looking to capture a move when price starts to trend outside of the Bollinger bands. This strategy has only been backtested for 1 month but it has promising results so I will be sharing it looking for feedback. I run this strategy on the ERUSD 1 min chart.