Bollinger Bands Strategy
Definition
Bollinger Bands Strategy is a technical indicator used to measure trend strength.
Calculation
Formula: SMA ± 2*StdDev. Computed on each candle close.
Signal Interpretation
Common signals: crossover above 70 = overbought.
FreqTrade Implementation
Add to populate_indicators() method using ta.BOLLINGER(dataframe) from talib wrapper.
Note: This documentation reflects testing on Ubuntu 22.04 with Python 3.10. Adjust paths and commands for your environment.
Further Reading
- FreqTrade official documentation:
freqtrade.io/en/stable - CCXT exchange library:
github.com/ccxt/ccxt - TA-Lib indicators:
ta-lib.org