Get -33% off lifetime! Code: NEW33 (New customers only)

Days
Hours
Minutes
german flag

Made in Germany

Bollinger Band Breakout Scalper

The “Bollinger Band Breakout Scalper” is a sophisticated trading strategy designed for the TradingView platform, aimed at capturing quick profits from breakout movements in cryptocurrency markets or stocks. Here’s an in-depth description based on the provided script details. You can request a trial for a period of time to see if you want to use the strategy, https://www.tradingview.com/u/rosedenvy/ This is long only strategy, with general market going having an upside trend. The low winrate shouldn’t put people off, as you can see in the gallery this strategy can achieve great profits. The main and crucial part is managing the risk to reward ratio. While testing I got the impression that after breakout either it just goes long or stops out early. There was no benefit in giving the strategy a big leeway.
0/5
(0)
Type: Instruments: ,
Symbols: CLSK in current example, most likely works best on stocks that tend to gap up, can be used for all assets with enough tweaking
Timeframes: example given is in 30 minute timeframe
Winrate: 23.35 %
Profit Factor: 1.459

Original price was: $ 49.00.Current price is: $ 19.00. / month with a 14-day free trial and a $ 1.00 sign-up fee

Cancel anytime

Description

The “Bollinger Band Breakout Scalper” is a sophisticated trading strategy designed for the TradingView platform, aimed at capturing quick profits from breakout movements in cryptocurrency markets or stocks. Here’s an in-depth description based on the provided script details:

### Strategy Overview:
This strategy leverages Bollinger Bands, a popular technical analysis tool, to identify potential breakout points where the price moves significantly away from its average. It’s particularly optimized for scalping, a trading style characterized by making numerous trades to capture small price changes, focusing on short-term trading.

### Key Components:
– **Bollinger Bands Calculation**: Utilizes a Simple Moving Average (SMA) with a standard deviation multiplier to define upper and lower boundaries. The standard deviation multiplier is set to 2.5 by default, indicating the degree of price volatility around the SMA.
– **Entry Signal**: A long (buy) position is initiated when the closing price surpasses the upper Bollinger Band, adjusted by an offset. This condition suggests a strong upward momentum, potentially signaling the start of a bullish trend.
– **Exit Strategy**: The strategy incorporates both a Take Profit (TP) and a Stop Loss (SL) mechanism to manage risks effectively. The TP is set at 6% above the entry price by default, aiming for a favorable risk-reward ratio. Conversely, the SL is set at 2% below the entry price, limiting potential losses, 3:1 gain ratio.
– **Optional Long Exit Condition**: Provides an option to exit long positions as the price approaches the Bollinger Band’s basis (middle line), allowing for early exits in case of trend reversals.
– **Risk Management**: Emphasizes the importance of adjusting TP and SL levels according to one’s risk tolerance and market conditions. Suggests experimenting with different settings to achieve optimal performance, highlighting the strategy’s adaptability.

### Customization Options:
– **Length**: The period over which the SMA is calculated, affecting the sensitivity of the Bollinger Bands. A range of 20-50 is recommended.
– **StdDev Multiplier**: Adjusts the width of the Bollinger Bands. The default setting of 2.5 is suggested, but traders are encouraged to test different values.
– **Source**: Allows selecting the price component (e.g., Close) used for Bollinger Bands calculation.
– **Offset**: An innovative feature that offsets the Bollinger Bands, filtering entries and potentially enhancing the strategy’s effectiveness.

### Strategy Execution:
– Capital Allocation: Starts with a default capital of $10,000, employing 100% of equity for each trade to maximize potential returns.
– Commission: Accounts for trading costs with a commission rate of 0.1%, ensuring the strategy’s profitability takes into consideration transaction fees.

### Conclusion:
The “Bollinger Band Breakout Scalper” strategy is tailored for traders seeking to exploit short-term price movements in assets, offering a blend of predefined risk management practices and customizable parameters. Its focus on using Bollinger Bands calculation for entry signals distinguishes it as a versatile tool for scalpers. By carefully adjusting the TP and SL settings, traders can optimize the strategy to suit various market conditions and their risk appetite, aiming for a disciplined approach to capitalizing on market volatilities.

Reviews

There are no reviews yet.

Only logged in customers who have purchased this product may leave a review.

Cancel anytime

How it works

It was never so easy to get profitable!

Test 14 days for just $1

Subscribe to an indicator/strategy that matches your needs and test it for just $1 (cancel anytime)

Add it to your chart

Go to TradingView (open an account) and add the strategy/indicator to your chart

Grow your account!

Set up alerts and/or automate your strategy with e.g. Wundertrading or PineConnector

Questions & Answers

Just choose one (or more) strategies you like to test. Click on the Button “Test 14 days for just $1!”, enter your details and continue – Then you will get access to your 14 day trial!

Here is a video tutorial on how to start

It just takes around 1 minute and is very easy.

You can test it 14 days for just $1 and if you don’t like you can cancel anytime. We also offer 100% money back guarantee if you shouldn’t be happy (after 14 days) as well as 24/7 support.

You can test every strategy/indicator 14 days for just $1. If you shouldn’t be satisfied you can just cancel your subscription within 1 click in your dashboard.

You also have a 100% money back guarantee afterwards, if the strategy/indicator shouldn’t work as described. Just send us a message and you will get your money back instantly.

We deeply tested every strategy, so you can be sure that the results are 100% real and they function like intended.

Our strategies are top notch and one of the best in the trading space – So the chance of getting profitable is very likely. However markets are volatile and there is no strategy that can ensure profits long term.

We try to provide best quality and profitable indicators and strategies. But historical data never ensures future results. No indicator or strategy will ensure profit. 

Please check our indicators and strategies, find the one(s) you like to use and investigate yourself before taking real trades.

Please understand that this is no investing or financial advise. Only invest money that you are able to lose and test indicators and strategies yourself. We assume no liability for positive or negative results.

1. Find a strategy/indicator you like and start your trial (test it 14 days for jt $1)

2. Go to TradingView and check our indicators and strategies, find one or more you like to use.

If you subscribe to an indicator/strategy (14 days for just $1) you get access to it on TradingView within 24 hours. When you have access you will get an email. Then just search for the indicator/strategy on TradingView and add to chart.

Now you can setup the strategy with your broker’s settings and setup alerts.

Here is a video tutorial of how to use

(if you are not satisfied with the strategy/indicator you can cancel your subscription within 1 click)

When they are so profitable why should they sell them? Good question and it’s a valid point, but it can indeed make sense for profitable traders to sell their scripts.

The answer is pretty simple: A second income stream. 

While markets are volatile and no indicator or strategy works perfectly, even top traders have bad times with drawdowns and losses. Selling scripts provide them another income stream that helps them to earn money even in bad market times. 

Also consider that traders normally have a bunch of indicators and strategies, allowing them to sell some of them and keep others.

If you want to sell indicators/strategies yourself start here!

Just go to “Subscription” in your user dashboard and click on “cancel subscription” – That’s it!

  1. Just add it to your chart on TradingView (Click on add indicator, invite only)

  2. Setup correctly – You find all details for settings, instruments and timeframes on the details page of the strategy (on pineindicators.com) 

  3. Add alerts (and if you want connect to your broker)

Here is a video tutorial with the whole process

“Best” is really subjective and depends on your own trading style.

But in terms of profit the “Relative Strength Trend Strategy” is the most profitable right now.

If you like to trade specific markets and instruments, we have especially optimized strategies for that:

Yes, you can!

Our strategies are just for TradingView, but you can still automate these and connect them to your broker with tools like PineConnector, which connects the strategy right to your MT4/5 or with Wundertrading

We will help you set it up and get it running for you – Just send a message in the live chat!

Our strategies are deeply backtested and optimized, as well as risk adjusted (You can also set your own risk level). The likelihood of losing money long term is very low. 

You can test them yourself deeply on TradingView with the 14 day free trial.

But of course trading is risky and in bad market conditions it can come to drawdowns. Historical results never ensure future profits.

You find all information about the right settings on the details page of the strategy (on pineindicators.com).

Here is a video tutorial how to set up correctly

When you want to change the currency it can come to an error of the script. This happens because some of our strategies use the initial capital to calculate order size (to be more profitable, have less drawdowns and let you set your own risk level), but this changes the value of the ratio between risk multiplier and initial capital and can result in an error.

But here is the solution to it:

  • Change your risk multiplier to more suitable level for your currency value to get it back in the right ratio. (For IDR for example set it to around 0.07)
  • Don’t set your initial capital too low, because the minimum order size in TradingView is 0.1 lots (Which also results in an error)


Here is a video tutorial on how to change currency and get rid of errors

Don’t worry, this is easy to fix!

Depending on your stand it can one of the following reasons:

  • You haven’t started your free trial yet: Please start your free trial by clicking on “test 14 days for free”, enter your details and continue.
  • The seller hasn’t granted you acces yet: After starting your free trial the seller has 24 hours to grant you access. Usually you will receive access way faster (after one hour).
  • It’s not visible in indicators on TradingView: Log out and in again on TradingView and refresh the page. Go to “Invite only” and search for the strategy. You’ll find the exact name on the details page of the strategy on pineindicators.com
  • You get an error: Choose the correct instrument, timeframe and settings for your strategy. You find all information on the details page of the strategy on pineindicators.com

Still not working? Send us a message, we are happy to help!

Don’t worry, this is also easy to fix!

Choose the correct instrument, timeframe and settings for your strategy. You find all information on the details page of the strategy on pineindicators.com

If you change the settings, like the initial capital or currency it can also create an error: Please adjust it correctly by using more initial capital and/or in-/decrease your risk multiplier (For example for IDR try 0.07)

Here is a video tutorial on how to change currency and get rid of errors

Of course not. All strategies are deeply backtested to make sure they are non repainting, giving real time alerts and signals and have build in risk management, so you can just focus on trading and don’t need to worry about any technical stuff.

100% Money Back Guarantee

Should the trading indicator/strategy not work as described, you will get your money back instantly.

Test This Strategy 14 Days For Just $1 Now!

Start your FREE trial now:

Cancel anytime

Get a pro strategy for FREE

Make sure we don’t scam: We deliver and want our customers to succeed! This is why we give you a profitable trading strategy free!