Bollinger Band Mean Reversion Strategy

3.50% strategy
performance

8.10% buy&hold
performance

77% percentage
of winning trades

0.60 reward to
risk ratio

0.07% average
position return

-1.10% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at of SPY, 5 min.

You can import this strategy into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the strategy.

Chart type the strategy tested at: Candles. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # "November"
  5min Chart(close) < 5min Bollinger Bands ® (20, 2, 2, 0, close), Low

All of the following: # "Romeo"
  5min Chart(close) ≥ 5min Bollinger Bands ® (20, 2, 2, 0, close), Mid

OR ANY OF

Stop Loss

Exit if lost more than 0.77% (after candle closes).