Bollinger Band Breakouts Filtered by SMA Trend and Trading Hours
Summary
This trend-following strategy enters long when price crosses above the upper Bollinger Band and the long-term simple moving average is rising. It enters short when price crosses below the lower band while that average is falling. The bands are calculated from a configurable moving average and standard deviation, while the trend average has a configurable length and is described as a fixed, always-on filter.
Users can choose long, short, or both directions and restrict new entries to a clock-time window. Positions may close on a stop or optional fixed-distance profit target; the strategy also closes positions when the trend average changes direction and when the selected session ends. The document presents this as a system for VN30 index futures and includes implementation details, but supplies no performance report or evidence that the rules are profitable. Results may vary with market, timeframe, session definition, costs, and execution assumptions. The session times use the chart’s time settings, which should be checked when applying the strategy.
Key ideas
- Long entries require an upper Bollinger Band crossover and a rising simple moving average.
- Short entries require a lower Bollinger Band crossunder and a falling simple moving average.
- A configurable trading window can restrict entries and trigger position closure at session end.
- Stops and optional fixed-distance profit targets are measured from the average entry price.
- The supplied description gives no backtest results to establish the strategy’s effectiveness.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.