Bollinger Band Re-Entry Signals with ATR-Based Reference Stops
Summary
This indicator looks for price to cross back inside Bollinger Bands after moving beyond a band. The standard bands use a moving average and a configurable standard-deviation width; a second, wider pair identifies more extreme moves. A bullish candle crossing back above the lower band generates a long signal, while a bearish candle crossing back below the upper band generates a short signal. The document notes that repeated triangles can occur and suggests waiting for a more favorable entry price.
ATR is calculated with a selectable smoothing method and used to plot reference stop levels beyond the wide bands. The provided settings describe a 30-minute BTC/USDT futures chart with a 15-minute base period over roughly one month, but no backtest outcomes or trade-management evaluation are reported. The plotted stop levels are not consistently enforced by the shown entries, so the indicator should not be read as a complete execution or risk-control system.
Key ideas
- A return across the lower band on an up candle marks a long signal.
- A return across the upper band on a down candle marks a short signal.
- A wider band pair flags more extreme moves separately from standard-band signals.
- ATR-based levels are plotted as stop references, but the document does not show complete stop execution.
- The published chart settings do not include performance results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.