Different Types of Bollinger Bands — Which One Outperforms The Others?
Back-testing Different Volatility Bands in Python and Comparing the Results.
Bollinger Bands can have many variations, the question is, which one captures best the reactionary levels? It is said that the most followed version tends to provide the best reactions because market participants are more likely to react upon seeing it. However, it is better to validate this through objective back-tests and this is precisely the goal of the article.
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