Bollinger Band Entries with ATR-Based SuperTrend Exits
Summary
This community post sketches a stock trading approach that combines Bollinger Band entry signals with an ATR-based trailing exit. The author also discusses SuperTrend as a way to define entries or stops, and describes using a separate stock-selection signal alongside the chart-based entry. The post suggests reversing Bollinger buy and sell signals, adjusting parameters, and applying a price-rise filter, but does not give a complete, consistent rule set for these choices.
For risk control, the author proposes trailing the position with an ATR-derived line and spacing an add-on order at least one ATR from the initial entry to reduce duplicate orders near the same price. The method is presented as a proposal seeking programming help, not as a tested strategy. It includes no backtest, performance statistics, asset universe, or detailed parameter validation, so its profitability and robustness cannot be assessed from the post.
Key ideas
- The proposed setup pairs Bollinger Band entry signals with an ATR-based trailing exit.
- SuperTrend is discussed as a possible entry tool or stop mechanism.
- The author suggests combining technical entries with a separate stock-selection filter.
- An add-on trade is spaced at least one ATR from the first entry to avoid closely repeated orders.
- The post provides no backtest or evidence that the proposed rules are profitable.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.