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Strategy review

Bollinger Double-Top/Bottom Fakeout (Priyank)

Reviewed video: “Bollinger Band fakeout reversal strategy”

★☆☆☆☆
1.0/5

The claim

Fade an M-top at the upper band or a W-bottom at the lower band; enter on the neckline break, target 1R plus a runner, stop beyond the band.

How we tested it

Nifty-50, 5-min, over 13,324 trades — a huge, conclusive sample.

The data

13,324-trade resultWin rate %+31.00Payoff (×)+0.79Expectancy R-0.36
MetricValue
Win rate %+31.00
Payoff (×)+0.79
Expectancy R-0.36

Our verdict

A classic-looking reversal pattern with a clearly defined neckline-break trigger.

Payoff below 1.0 means the winners are smaller than the losers — the exact opposite of the '1:1 plus runner' pitch. Fading band breakouts gets you run over on trend days: −0.36R, −₹2.75M (and −₹6.66M at realistic slippage) over 13,324 trades. Another mean-reversion fade the market steamrolls.

Bottom line

★☆☆☆☆  1.0/5

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