I show how to implement scanners and custom indicators for my recent video on a bollinger band-RSI strategy in this introduction to TD Ameritrade’s thinkorswim software
Check out my two videos demonstrating the strategy used in this tutorial
Original Bollinger Band-RSI backtest video:
[ Ссылка ]
Updated optimized version adding a Bollinger Bandwidth criterium:
[ Ссылка ]
Rules for the long entries on the referenced strategy:
Entry candle is green
Prior candle is red
Entry candle closes above the high of prior candle
13 period RSI is less than 25 within 2 bars
The prior red candle low is lower than the lower 30 period bollinger band
The bollinger bandwidth is greater than 0.2 (for daily candles)
Profit target is 2*ATR (14 period) above the entry price and stop loss is 3* ATR below entry price
Thinkorswim is a registered trademark of TD Ameritrade. I have no affiliation other than being a customer and user of their software.
Submit a strategy for me to backtest in a future video:
[ Ссылка ]
This video is for educational purposes only. Nothing here is investment advice and I am not an investment advisor. I do not advocate for or against any particular trading strategy.
