Optimizing Rayner Teo's Bollinger Bands Strategy for Better Results

Published on October 16, 2023

Top videos about Predict Market Movement, Forex Indicators, and Find Bollinger Bands Uptrends, Optimizing Rayner Teo's Bollinger Bands Strategy for Better Results.

This is a continuation of the previous video on the Bollinger Bands Winning Trading Strategy published by Rayner Teo. The backtest optimization is done in Python, it is showing positive returns and is a good choice for algorithmic trading methods. Python code can be automated for trading bot style or it can only be coded to show automated trading signals for the trader.

the previous video and the python source code can be found here:

πŸ“ Follow structured courses with more details and practice exercises check my “About” page for Discount Coupons on my Udemy courses covering:
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Good luck!

the code:
https://drive.google.com/file/d/1hK3cpV0vYxW40krT9BeSiSN_KqLmrTtP/view?usp=sharing

#forexanalysis #trading #tradingbot #forex #stockmarket #stocktrading #stocktradingstrategies #algotrading #python #pythonforbeginners

00:00 Raner Teo Trading Strategy Optimization Intro
01:08 Bollinger Bands Strategy Basics
01:27 Python Code Explanation Loading The Data
01:52 Technical Indicators
03:10 Signals and Trading Orders Positions
03:40 Data Visualization and Signals On Candles Charts
05:50 Strategy Backtest
07:03 Strategy Results Returns and Discussion

Find Bollinger Bands Uptrends

Find Bollinger Bands Uptrends, Optimizing Rayner Teo's Bollinger Bands Strategy for Better Results.

Top 10 Stock Exchange Technical Indicators

The very first lot needs to be lined up with the monetary. Fibonacci series checks out Arc, Time zones, retrenchments and fans. Luckily for us, we are robotics and we can run our trades without any interruptions.

Optimizing Rayner Teo's Bollinger Bands Strategy for Better Results, Find top updated videos related to Find Bollinger Bands Uptrends.

Can You Generate Income Trading Forex With No Previous Experience?

It could be that your stochastics have crossed and are now pointing down. Take a look at the time frame you use, can you see a level at which the rate has bounced off? Do you want to generate income with Forex trading?

Technical analysis is a really vital part of forex trading. It utilizes many reasonings. There are the pattern lines, the candlestick bars, the Bollinger bands and the Fibonacci grids. The last one is thought about important in discovering out market movement. It finds out what may be appropriate time for the marketplace to show or rally correction. At the same time, it talks about resistance and support levels.

Of course you don’t need to use chart patterns to do this. You can use any indications that you’re comfy with to go through a similar procedure. Suppose you like moving averages. You may choose that if the 10-bar MA crosses listed below the 50-bar MA then that would absolutely suggest a downtrend. As you take a look at the chart, you see that this crossover wouldn’t happen until the rate reached about 117.75, so maybe that’s an excellent place for the stop. You could use Fibonacci retracement levels, Bollinger Bands, or many other tools to go through a similar thought procedure.

While assistance and resistance integrated with candlesticks is enough, I like to utilize moving averages to eliminate the times when the market is not trending. Although I can make cash in varying markets, my favorite strategies are trending strategies. Clearly, trending strategies do nothing however lose cash in ranging markets, so I require to be able to tell the difference quickly.

Charts like the candlestick, utilized with Bollinger Bands Trader bands are the most typical way to track rate motion in time. As you grow in your forex trading experience, you’ll rely on these charts with various signs used to better determine where to enter a trade and where to exit.

That’s where the idea of utilizing the stop hunters to my advantage is available in. Knowing that everyone probably had their block at 0.7570 or so, and understanding how the stop hunters (sometimes) work, I could have made an informed guess that they would try to press the cost up there to take out those stops. So rather of entering at the present market cost of 0.7530, I could have put an entry order at about 0.7570 and simply waited patiently for the stop hunters to accommodate me by Bollinger Bands pushing the cost up there. Then I might be entering the trade on the brief side at 0.7570 in addition to the well-informed heavy hitters instead of being secured of my position at that point in addition to all the sheep.

You also require to time your trading signal – On both the above techniques you require to make sure you get the odds on your side, you require to inspect momentum prior to you enter the market. You need to use some momentum oscillators to get make certain you have price velocity in your corner.

Bollinger bands are very useful when you use them in conjunction with other technical tools. For instance, you can utilize it with RSI indication. When the costs go down and you see below, a favorable divergence. The RSI starts to go up. Upper tiers of RSI means that the current market is oversold.

Once again, may I recommend you re-read that paragraph a couple of times, too? Most brand-new traders ask what is the very best trading system to begin with. Again we often lose around twenty percent of the trend.

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