Double Bollinger Bands Trading System

This is a long only trading system that uses two Bollinger bands indicators with different look back periods.

Bollinger Bands is a technical analysis tool created by John Bollinger and it consists of two lines (upper and lower lines) that form an envelope around the price series or any other time series (in case Bollinger bands function is applied to another indicator).

Entry rules are defined as follows:

Buy when a stock is trading below the 14-bar and 60-bar lower Bollinger bands
Buy when the price is higher than $2 and the average trading volume is higher than $100,000

Exit rules are defined as follows:

Sell when a stock is trading above either the 14-bar or the 60-bar upper Bollinger band.
Sell when the stock decreases more than 70% from its highest high. This is implemented using a 70% trailing stop.

Strategy Settings:

The maximum number of positions is 10.

Optimization:

Several parameters can be optimized in this trading system:
- The lookback period of the first Bollinger bands
- The lookback period of the second Bollinger bands
- The trailing stop level
- The maximum number of positions in the portfolio
...

Technical Analysis

• Drawdown Since Trading Signal
• Regularized Exponential Moving Average
• DV Bounded - DV2/DVB
• New High
• RSI GT 2%
• Unweighted Price Index
• Vary the Start Date of a Trading System Simulation
• Guppy Multiple Moving Average Oscillator
• Number of Times an Event Occurred in the First N-Minutes of a Trading Session
• Put Call Volume Comparison Indicator
• More trading objects...

Fundamental Analysis

• US Stocks: Insiders & Institutions Ownership
• Financial fundamental data for US companies
• Next Split Ex-Date In Days
• Earnings after and before market opens
• PEG and Price to Free Cash Flow above Market Averages
• EPS Estimate Revisions
• Extensive Fundamental Data for U.S. Stocks
• StockTwits
• History of dividend payment for stocks in the US stock market
• Margins and Turnover
• More trading objects...