Bollinger Williams R Strategy (C#)

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