Bollinger Bands and CCI Filters with Moving Average and Volume Signals

Summary

This document outlines a multi-indicator system combining Bollinger Bands, Woodies CCI, moving averages, on-balance volume, and ATR. The described concept uses the bands to frame volatility, short and long moving averages to represent trend, and smoothed volume to confirm direction. CCI readings at 6 and 14 periods must agree in sign with a signal. ATR is intended to set exits at two times its value for profit and one times its value for risk.

The source code is more limited than the overview: entries occur when price crosses a 50-period average, filtered by the two CCI readings. It calculates Bollinger levels, smoothed OBV, and ATR-based exits, but neither the bands nor OBV affect trade eligibility. No trade-performance results are given. The document notes that multiple filters can delay signals, ranging conditions can cause repeated losses, and parameter tuning may overfit. Its daily BTC/USDT futures backtest settings specify dates but provide no reported outcomes.

Key ideas

• The stated framework combines Bollinger volatility bands, CCI confirmation, moving averages, OBV, and ATR exits.
• The source enters on price crossing the shorter moving average when both CCI readings confirm direction.
• Although calculated, Bollinger Bands and smoothed OBV do not filter entries in the source code.
• ATR-based exits use a wider profit distance than stop distance.
• No performance results are supplied, and ranging markets and overfitting are noted risks.

Tags

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