Bollinger Williams R Strategy (C#). StockSharp

Author: StockSharp
N: 1658
v5.0.1 (7/30/2025)
Downloads: 66

Strategy based on Bollinger Bands and Williams %R indicators. Enters long when price is at lower band and Williams %R is oversold (< -80) Enters short when price is at upper band and Williams %R is overbought (> -20)
Bollinger bands expose volatility breakouts and Williams %R ensures momentum is extreme. Positions open when price closes outside a band with a matching Williams %R reading.
Best for volatility expansion traders. ATR stops handle adverse turns.

  • Entry Criteria:

    • Long: Close < LowerBand && WilliamsR < -80
    • Short: Close > UpperBand && WilliamsR > -20

  • Long/Short: Both
  • Exit Criteria: Price returns to middle band
  • Stops: ATR-based using AtrMultiplier
  • Default Values:

    • BollingerPeriod = 20
    • BollingerDeviation = 2.0m
    • WilliamsRPeriod = 14
    • AtrPeriod = 14
    • AtrMultiplier = 2.0m
    • CandleType = TimeSpan.FromMinutes(5).TimeFrame()

  • Filters:

    • Category: Mean reversion
    • Direction: Both
    • Indicators: Bollinger Bands, Williams %R, R
    • Stops: Yes
    • Complexity: Intermediate
    • Timeframe: Mid-term
    • Seasonality: No
    • Neural Networks: No
    • Divergence: No
    • Risk Level: Medium