USTECH Bollinger Band Squeeze + EMA Longs Only
A buy only strategy on USTECH 30m timeframe. Enters a long position when the bollinger bands squeeze together and the EMA is below the current price. Stoploss is setup to be easily optimised.
Symbols:
USTECH 30M
Created 29 Dec 24
Header
General USTECH 30M
USTECH Bollinger Band Squeeze + EMA Longs Only
A buy only strategy on USTECH 30m timeframe. Enters a long position when the bollinger bands squeeze together and the EMA is below the current price. Stoploss is setup to be easily optimised.
NTL-BB-Squeeze.set
USTECH 30M
Scripts
Close() > MA1(0,1) && BB1(0, 1) - BB1(0,2) <= ATR1() * 2 ? Ask() : 0
When the current price is above the 200 EMA and the price between the bollinger bands is lower than 2 times the ATR, enter a trade.
Ask() - ATR1() * VAR0
Long initial stop is the ATR multiplied by the value of VAR0.
Close() < MA1(0,1) && BB1(0,1) - BB1(0,2) <= ATR1() * 2 ? Bid() : 0
Bid() + ATR1() * VAR0
Trading Rules
1
Buys Only
Stop Management
6.00
10.00
true
Exit Management
3.00
false
false
Custom Indicators
+NTL\ATR(1,14).ex5
+NTL\BB(1,20,2.0).ex5,0,1,2,3
+NTL\MA(1,50,1,200,1).ex5,0,1,2
User Variables
4;2,3,4,5,6,7,8,9,10
Value 4 optimised on USTECH between August 2023 to December 2024.
Backtesting & Optimisation
10000
500
12
