Maiko Range Scalping with Higher-Timeframe Boundaries and Bollinger RSI Entries
Summary
The Maiko strategy defines a trading range from higher-timeframe highs and lows, then looks for entries on a lower timeframe when price reaches a Bollinger Band boundary and RSI confirms an extreme. Longs require price at or below the lower band with RSI at or below 30; shorts require price at or above the upper band with RSI at or above 70. An optional VWAP filter restricts trades to prices near session VWAP. Exits can target the Bollinger middle band or the far range boundary, with stops placed beyond the range and position size capped as a share of account equity.
The document favors moderate-volatility sideways markets and warns that strong trends can break ranges and cause repeated stops. It describes a short ETH futures backtest period, but gives no performance metrics; its general claims about win rate and optimal conditions therefore cannot be assessed from the supplied evidence. Other caveats include parameter sensitivity, slippage or execution risk during sudden moves, and the possibility that historical behavior will not persist. It advises avoiding major economic announcements and setting account-level loss limits.
Key ideas
- Higher-timeframe range boundaries constrain lower-timeframe Bollinger Band and RSI entries.
- Long and short setups require both a band touch and an RSI extreme while price remains inside the range.
- An optional VWAP proximity filter can suspend entries when price is too far from VWAP.
- Take-profit choices target either the middle band or the opposite range boundary, with stops beyond the range.
- The strategy is designed for sideways conditions and may struggle when strong trends break the range.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.