03 Jul Bollinger Band™ Master KISS Rolling Along
Bollinger Band™ Master KISS Rolling Along
July 3, 2023
Subscribe to my YouTube Channel HERE.
Just a couple weeks ago, we applauded the enduring power of Bollinger Bands™.
Well, Bollinger Bands™ wrote me an email saying I haven’t praised them enough.
Back in that Newsletter, we looked at a very simple system using a very simple, old robot, and it produced some good testing numbers. Would a complicated system work as well?
To find out, I’ll use the Master Trend robot. It’s a fairly-complicated robot, capable of creating endless systems using RSI, Stochastics, and, of course, Bollinger Bands™.
To make it simpler, I took the more-complicated Band system from Master Trend and turned it into a KISS-style robot. The KISS-style is the same system but only has inputs for “Percent Risked per Trade” and a time zone adjustment.
Now, as you know, when it comes to trend following, I prefer to only trade the GBPJPY. It is, by a wide margin, the best Forex trend following instrument. I used the GBPJPY in the previous Newsletter and also for the Master KISS.
The GBPJPY, however, has been a mess this year.
There have been multiple surprise interventions by both the Bank of England and the Bank of Japan, and that has dramatically affected the GJPY. The violent trend switches have been noticeable and jarring. Many positive trades have been squelched by surprise news and many breakouts have been immediately reversed upon entry.
It’s been a very bumpy ride.
That being said, how have the eternally-great Bollinger Bands™ performed this year on the Master KISS BB GJPY system?
Amazingly well.
If we hypothetically risked 4% per trade on a hypothetical $10k account in 2023, here’s the Equity Curve:
And here’s the Report:
Even though this system has a pretty low win rate, it’s dealt with the whipsaws of 2023 quite well.
It seems Bollinger Bands™ are making a strong case in their quest to be known as the King of All Indicators.
At the moment, it’s hard to say otherwise.
Join the free Newsletter list here .
Get Robot information HERE.
Visit my Performance Page HERE.
Buy my new book HERE.
The Inevitability of Becoming Rich is HERE.
My latest YouTube video is HERE.
Disclaimer:
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.