Bollinger + EMA Strategy

Bollinger Bands + EMA Crossover Strategy

This strategy combines:

Bollinger Bands (20-period, 2 standard deviations) to identify overbought/oversold conditions

Three EMAs (8, 21, 50 periods) to confirm trend direction

Entry Signals:

BUY (Green arrow): Price closes below lower Bollinger Band AND EMAs are bullishly aligned (8 > 21 > 50)

SELL (Red arrow): Price closes above upper Bollinger Band AND EMAs are bearishly aligned (8 < 21 < 50)

Exit Rules: Position closes when price crosses the middle Bollinger Band.

Concept: Wait for extreme price movements outside Bollinger Bands, but only trade in the direction of the EMA trend alignment for higher probability setups.