Bollinger Volume Strategy (Python)

Strategy that uses Bollinger Bands breakouts with volume confirmation. Enters positions when price breaks above/below Bollinger Bands with increased volume. Bollinger bands show volatility expansion and volume confirms the breakout. Positions are taken when price closes outside a band with strong activity. Suited for breakout players expecting continuation. A stop based on ATR keeps losses manageable.

• Entry Criteria:

• Long: Close > UpperBand && Volume > AvgVolume * VolumeMultiplier

• Short: Close < LowerBand && Volume > AvgVolume * VolumeMultiplier []Long/Short: Both []Exit Criteria:

• Price returns to middle band []Stops: ATR-based using StopLossAtr []Default Values:

• BollingerPeriod = 20

• BollingerDeviation = 2.0m

• VolumePeriod = 20

• VolumeMultiplier = 1.5m

• StopLossAtr = 2.0m

• AtrPeriod = 14

• CandleType = TimeSpan.FromMinutes(5).TimeFrame() [*]Filters:

• Category: Mean reversion

• Direction: Both

• Indicators: Bollinger Bands, Volume

• Stops: Yes

• Complexity: Intermediate

• Timeframe: Mid-term

• Seasonality: No

• Neural Networks: No

• Divergence: No

• Risk Level: Medium