Bollinger Bands and RSI Trading Strategy (Swing Trade - Long)
Building fully automated trading strategies using Prodigio's Wizard Lab is as easy as 1,2,3! This strategy will produce a signal when the daily close price crosses below the 20 period lower Bollinger Band AND the daily 14 period RSI is less than or equal to 25. Additionally there is a 1% stop order and a 3% target market order from the entry price.You can easily modify this strategy to meet your trading style. Watch the step by step video tutorial on how to create, back test and deploy strategies using Prodigio's Wizard Lab here
Download the Bollinger Band and RSI strategy and try it for yourself! Download Now
Import this strategy using the "Import" button located in the upper right hand corner of "Rule Builder" or "Strategy Builder" within Wizard Lab.