ScannersStrategies

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.

Order Type

CNC/NRML

Position Type

SELL

Time Frame

15min

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

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    DIVISLAB

  • NSE

    DRREDDY

  • NSE

    GRASIM

  • NSE

    HDFCBANK

  • NSE

    HINDUNILVR

  • NSE

    ICICIBANK

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    NESTLEIND

  • NSE

    SHRIRAMFIN

  • NSE

    SUNPHARMA

  • NSE

    TCS

  • NSE

    TATAMOTORS

  • NSE

    TECHM

  • NSE

    ULTRACEMCO