||Trading Trends With Bollinger Bands Z (BBZ)
In the "Trading Trends With Bollinger Bands Z (BBZ)" article, Jacinta Chan illustrates how to develop a trading system that yields high returns at low and controlled risk. The BBZ trading system is based on Bollinger Bands. With Tradecision Strategy Builder you can easily build the strategy using the following rules:
return CLOSE > BBTop(CLOSE, 20, 1);
return CLOSE < BBTop(CLOSE, 20, 1);
return CLOSE < BBBot(CLOSE, 20, 1);
return CLOSE > BBBot(CLOSE, 20,1);
With the Simulation Manager, a powerful report generator, you can gain insight into your trading strategies. It helps you in analyzing strategy, estimating its suitability to your trading style and risk preferences. Click New to create a new BBZ simulation.
Download to import into Tradecision.
How to use this strategy in Tradecision:
The strategy will be added to the Strategy list.
- Click Download.
- Save this strategy in a safe location on your hard drive.
- Open Tradecision and in the Tools menu click Strategy Builder.
- In the Strategy Builder dialog, click Import, locate the saved file and then click OK.