Mean Reversion w/ Bollinger Bands

SPDR S&P 500 ETF TRUSTArca

Opis

⋅ 28 kwi 2020 15:46

This is a more advanced version of my original mean reversion script.

It employs the famous Bollinger Bands.

This robot will buy when price falls below the lower Bollinger Band, and sell when price moves above the upper Bollinger Band.

I've only tested it on the S&P 500, though you could try it out on other assets to see the backtest performance.

During the recent COVID-19 bear market drop, it produced several buy signals on the S&P which I followed, and made some nice gains so far.

I still think this would make a better investing strategy (buy undervalued / sell over-valued), rather than a trading strategy.

I use this robot for my long term portfolio.

Komentarze

kundanmzn

⋅ 20 lis 2020 19:31

Sir,first of all, a great congratulation for your dedication towards providing one of the best indicator 'Mean Reversion w/Bollinger Bands.Sir ,I invest in share, mkt .
Please tell me some 2 or 3 the best indicators for trading. Iwould be highly obliged for this kind of act.Waiting for the answer.
My Best regards.

eneramo

⋅ 25 mar 2022 22:00

@kundanmzn, sir the best indicator is GME

kanwarudaysingh

⋅ 14 mar 2024 18:56

iamAurum

⋅ 26 lut 2023 03:58

Hello, Does this repaint?

fondCheetah24445

⋅ 11 lut 2021 15:10

thank you for the contribution sir. One query, does it repaints sir?

JeppeToft

⋅ 15 sty 2021 13:27

Hi there, super nice strategy! really clean - have been using it alot! It seems like something happened with the script today; my bollinger-bands do not show. Do you know what to do? best, Jesper

wangtzuchao

⋅ 24 maj 2020 09:49

Hi there, this is a wonderful spcirpt, but is there anyway to add the timeframe into it?
I have tried for so many times but couldn't get it to work....

TsangYouJun

⋅ 4 sie 2020 20:03

@wangtzuchao, if you’re using it for crypto, you need to modify the UNITS. Crypto and Currencies work differently from stocks.

rodrickhan42

⋅ 10 maj 2020 03:08

can this program into interactive brokers?

UnknownUnicorn6807754

⋅ 30 kwi 2020 22:36

Thank you very much for your contribution. I have been working with this script (with some modifications) and I am getting very good results. It works very well with various cryptocurrencies. Thanks again.

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