📈 Bollinger Band Reversion Strategy with Python – Buy Low, Sell High!
Let's explore an exciting and popular strategy in the world of technical trading – the Bollinger Band Reversion strategy. It’s based on a simple idea: Buy when the price touches the lower band, and sell when it touches the upper band. Let’s understand it and implement this strategy using Python! 🎓 What Are Bollinger Bands? Bollinger Bands are a technical analysis tool developed by John Bollinger. They consist of: Middle Band – A simple moving average (usually 20-day) Upper Band – SMA + 2 standard deviations Lower Band – SMA - 2 standard deviations These bands help visualize volatility and overbought/oversold levels . 💡 Strategy: Buy Low, Sell High Buy when price hits the lower band (oversold) Sell when price hits the upper band (overbought) 🔧 Let's Code It in Python! 📦 Step 1: Install Required Libraries pip install pandas yfinance matplotlib 🧪 Step 2: Python Code for Bollinger Band Reversion Strategy import yfinance as yf imp...