This video shows a backtest of the Rayner Teo Bollinger Bands Strategy, that he explained on his channel, it was recommended by one of the comments and got me curious, so it's a python high return backtest, which makes it a good algorithmic trading strategy, all confirmed over 10 years of data using stock market prices. It can be used for crypto, different currencies, stocks, bitcoin or other. It works well on the daily timeframe generating high return. This strategy looks safe the equity doesn't show large drawdowns, and Rayner Teo backtest showed 1682% return. Details are explained in here with the python code.

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For the coding fans you can download the python code as a jupyter notebook file from this link:
https://drive.google.com/file/d/1hK3c...

#forexanalysis #trading #tradingbot #forex #stockmarket #stocktrading #stocktradingstrategies #algotrading #python #pythonforbeginners

00:00 Introduction And High Returns Brief Explanation
01:12 Rayner Teo Bollinger Strategy Basics
05:57 Python Code Explanation
08:05 Coding The Technical Indicators
08:30 Trading Signals Functions
12:35 Trading Chart and Signals Visualization
13:35 Strategy Backtest
19:35 Backtest Results Returns And Trades Details
20:55 Equity Chart Throughout the Backtest