DAX Bollinger Band Breakout with a Volume Filter and Fixed Risk-Reward

Summary

The document presents a basic DAX breakout strategy for a one-hour chart. It enters long when price closes above the upper 20-period Bollinger Band and volume reaches the stated threshold; it enters short when price closes below the lower band with the same volume condition. Entries are restricted by weekday and time-of-day rules, and the example sets a fixed point-based stop and profit target that form a two-to-one reward-to-risk ratio.

The post supplies strategy code and describes its intended rules, but reports no backtest results, trade statistics, or evidence that the approach is profitable. The author asks for suggestions, especially for managing a position after it moves into profit, without presenting a trailing-stop or other exit method. The document does not clarify how volume is measured on the chosen platform, how the rules handle repeated signals, or whether the parameters were tested across different market conditions. These omissions limit conclusions about robustness.

Key ideas

• The strategy enters on a close beyond a 20-period Bollinger Band, provided volume meets its threshold.
• It applies separate long and short rules and restricts entries by weekday and trading hours.
• The example uses a fixed stop and target with a two-to-one reward-to-risk relationship.
• The post provides no backtest evidence or tested approach for managing profitable open trades.

Tags

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