Bollinger Band Re-Entry Signals with ATR Stops and Trailing Exits

Summary

This intraday strategy combines Bollinger Bands with ATR-based exits. Its entry conditions look for price to have moved outside a band and then cross back through it, with candle direction and distance from the basis used as additional filters. Long and short entries use the first deviation bands; second-deviation conditions are also plotted as optional signals. ATR-derived levels set initial stops and profit targets, while an optional trailing stop updates the stop as price moves. The published example uses one-minute BTC perpetual futures data over a short date range, but reports no performance statistics.

The description presents time filtering as a way to avoid risky sessions, though the supplied code’s session function always returns true, so this filter does not restrict trades as written. The approach may incur repeated losses in sideways markets, and the source gives no evidence that its parameters are robust. Its BTC test settings also do not establish suitability for other instruments or timeframes.

Key ideas

• Entries follow a move outside a Bollinger Band and a subsequent cross back through it, with candle and basis-distance filters.
• ATR levels define initial stops and take-profit targets, and an optional trailing stop adjusts protection as price changes.
• The published test uses one-minute BTC perpetual futures data but provides no performance results.
• The session filter described in the text is ineffective in the supplied code because its function always returns true.
• Ranging conditions can produce repeated losing signals, and parameter robustness is not demonstrated.

Tags

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