Bollinger Mean Reversion

The strategy tries to capture the mean reversion tendency of stocks. The performance of the strategy should be good in sideways markets. Price crossing above the Upper Bollinger bands indicates an unusual move and that the price might revert back during a sideways market.

Entry Conditions

Close(0) crosses above UBB(Close,20,1,simple,0)

SELL 100 shares when Close(0) crosses above UBB(Close,20,1,simple,0) at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses below UBB(Close,20,1,simple,0)

BUY 100 shares when Close(0) crosses below UBB(Close,20,1,simple,0) or at stop loss % of 1 or target profit % of 2 at 15min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

2

Stocks

• NSE

  ADANIENT

• NSE

  ADANIPORTS

• NSE

  APOLLOHOSP

• NSE

  ASIANPAINT

• NSE

  AXISBANK

• NSE

  BAJAJ-AUTO

• NSE

  BAJFINANCE

• NSE

  BAJAJFINSV

• NSE

  BEL

• NSE

  CIPLA

• NSE

  DRREDDY

• NSE

  GRASIM

• NSE

  MAXHEALTH

• NSE

  HINDUNILVR

• NSE

  INDIGO

• NSE

  INFY

• NSE

  JSWSTEEL

• NSE

  JIOFIN

• NSE

  M&M

• NSE

  NESTLEIND

• NSE

  ONGC

• NSE

  RELIANCE

• NSE

  TATASTEEL

• NSE

  TECHM

• NSE

  ULTRACEMCO