Bollinger Bands Bounce

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Bollinger Bands Bounce Summary

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Description

The Bollinger Bands Bounce Strategy leverages price movements within Bollinger Bands to identify potential entry and exit points. When the price approaches the upper band, it may indicate overbought conditions, while nearing the lower band suggests oversold conditions, signaling possible reversals.

With our Bollinger Band Bounce Strategy, you can adjust the settings to fit your trading style and market conditions.

Features overview

  • Profit Targets and Stop Losses – define individual trade brackets to lock in gains and limit risk.
  • Flexible order types:
    • Entry: Limit or Market.
    • Profit target: Limit or MarketIfTouched.
    • Stop Loss: Stop or Simulated-Stop-Loss.
  • Auto trailing stop – enable a dynamic stop loss with a single-parameter setup (trigger n/a, frequency 1).
  • Signal inversion – flip long and short entries to explore alternative strategies.
  • Dual-MA setup – configure separate fast and slow averages (e.g. EMA(7) vs SMA(28)) for sharper signals.
  • Support for multiple moving averages – choose from DEMA, SMA, EMA, HMA, TEMA, TMA, VWMA, WMA and ZLEMA
  • Advanced customization – pick your own chart colors, show or hide MA indicators and more.
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