Trading Setup 4 - Bollinger %b by James Altucher

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Indicatores:
Bollinger bands: 10 periods; standard deviations 1,5
Bollinger %B: 10 periods; standard deviations 1,5
Periodicity: daily chart (1D)

Strategy

Long:

When the Bollinger %b reaches below -20, buy.

No stop loss. Close trade after 4 days(time stop loss) or 15% profit.

Short:

When the Bollinger %b reaches above 120, sell.

Stop loss above the high of entry candle.

Close trade after 4 days or 15% profit.
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Trading Setup 4 - Bollinger %b by James Altucher | Ecency