Breakout With Bollinger Band

Another way of following the trend is breaking channels as described by Richard Weissman in his “Mechanical Trading Systems”.

Long Entry: Close>BUPPER(20) Long Exit: Close below SMA(20)

Short Entry: Close<BLOWER Short Exit: Close above SMA(20)

Original text extracted as below.

Published by

wofong

三千娑婆世界，三千难忘遗憾；回头乃是岸，此岸在何方；堪忍不能忍，万般看不穿；何时放得下，始得自在心。 I'm a programmer, a quantitative analyst, a photography hobbyist, a traveler, a runner, and a nature lover.

One thought on “Breakout With Bollinger Band”

  1. Pingback: Blueprint For A Momentum Strategy – ichihedge

Leave a comment