Bollinger Bands and Engulfing candlestick

This strategy uses the famous Bollinger Bands and the Engulfing candlestick. Here is the source for the strategy.

Buy Rules

1. Close is lower than Lower Bollinger Band.

2. Close is greater than the Open.

3. Close from one period ago is less than the Open from one period ago.

4. Open is less than the Close from one period ago.

5. Close is greater than Open from one period ago.

Sell Rules

1. Close is greater than Upper Bollinger Band.

2. Close is less than the Open.

3. Close from one period ago is greater than the Open from one period ago.

4. Open is greater than the Close from one period ago.

5. Close is less than Open from one period ago.

Sample of Signal Points

Results

Source Code

Here is the link to the source code for this zeta-zetra/code.