MACD-Confirmed Range Filter Breakouts with Bollinger Width and Stops

Summary

This strategy combines a smoothed range filter with a MACD-derived momentum condition and a Bollinger Band width comparison. A new long or short setup begins when price moves beyond the range filter in the matching direction, with the filter’s direction changing from the previous signal. The entry also requires the change in MACD to exceed the Bollinger Band width measure. Optional exits set percentage-based profit targets and stop losses from the average position price.

The document gives default parameters and published daily BTC-USDT futures backtest settings from November 2022 to November 2023, but reports no outcomes. Its narrative describes MACD trend checks, Bollinger breakouts, and dual EMA confirmation, while the supplied source uses a range filter and momentum-versus-band-width condition; the stated EMA confirmation is absent. Percentage exits are disabled by default. The document warns that sideways markets, poorly chosen stop levels, and parameter sensitivity can undermine results, and suggests testing alternate filters and exit rules.

Key ideas

• The source generates range-filter signals when price crosses the filter in a newly established direction.
• Entries require MACD momentum change to exceed the width of a Bollinger Band channel.
• Percentage-based profit targets and stops are optional and disabled by default.
• The published settings cover daily BTC-USDT futures from November 2022 to November 2023, with no performance figures supplied.
• The written description and source differ on the use of MACD, Bollinger breakouts, and dual EMA confirmation.

Tags

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