AUDCAD Mean-Reversion Entries from Bollinger Bands and Candle Runs

Summary

This document describes a live AUDCAD strategy on hourly bars. It enters short after a bullish candle closes above the upper 20-period Bollinger Band, and enters long after three bearish candles coincide with a close below the lower band. The stated conditions also compare price with recent highs or lows. Positions use a fixed size of two contracts, and exits occur when price crosses a 90-period moving average in the specified direction.

The post says walk-forward analysis is attached, but provides no performance figures or details about its design in the text. It gives no information about transaction costs, stop losses, exposure limits, or how the strategy behaves across other pairs and market regimes. The code is a concrete rule set, not evidence that the method is robust or profitable. Its live use is the author's report, and should not be treated as independent validation.

Key ideas

• The strategy applies mean-reversion entries to AUDCAD hourly bars.
• A close above the upper Bollinger Band after a bullish candle triggers a short condition.
• Three bearish candles and a close below the lower band trigger a long condition.
• The strategy uses a 90-period moving average as its exit reference.
• The document mentions walk-forward analysis but does not report its results or assumptions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.