Bollinger Reversal Pro

Bollinger Reversal Pro – A Simple Yet Powerful Strategy

Simplicity is often underrated, yet it can be remarkably effective. One of the most powerful Bollinger Bands strategies is also its simplest: Bollinger Reversal.

✅ A bullish signal occurs when the price bounces up from the lower Bollinger Band.
✅ A bearish signal forms when the price bounces down from the upper Bollinger Band.

Despite its straightforward logic, this method is highly effective—proving that sometimes, “the simpler, the better.”

Why Choose Bollinger Reversal Pro?

Our Bollinger Reversal Pro indicator automatically detects price bounces at the upper/lower bands by verifying if a candle extends beyond the bands by at least X ticks (user-defined). This specialized algorithm filters out weak moves, ensuring that only the strongest reversals are considered—increasing the probability of a sustained price reversal.

Customizable for Maximum Effectiveness

⚡ Adjust the Bollinger Bands offset to 2, 2.5, or 3 standard deviations depending on your instrument and timeframe.
⚡ Higher offsets produce fewer signals, but these signals tend to be more reliable.

When to Use Bollinger Reversal Pro

📌 Sideways markets – Extremely reliable, as price frequently respects Bollinger Bands.
📌 Trending markets – Works best when trading in the trend direction:

• In an uptrend, use bullish reversals only.
• In a downtrend, use bearish reversals only.
• Never trade against the major trend!

With Bollinger Reversal Pro, you get precise and reliable reversal signals, helping you navigate both ranging and trending markets with confidence.

Dedicated NinjaScript Signals

• Signal_State: 1 = above upper band, -1 = below lower band, 0 = inside
• Signal_Trade: 1 = bullish, -1 = bearish, 0 = no signal

Compatibility

• Instruments: futures, stocks, indices
• Interval types: timebased or non-timebased, standard or custom
• Chart styles: whatever