Join waitlist
The books... not free though
10 Strategier Som Slår BörsenSvenska10 Strategier Som Slår Börsen10 Strategies That Beat the MarketEnglish10 Strategies That Beat the MarketProRealTime Coding Made SimpleEnglishProRealTime Coding Made Simple
600+StatisticsMarket statistics and edges1,327StrategiesBacktested strategy library18Research papersThe study behind the algos301DocsProBuilder coding reference27Algo development programCourses and lessons24Everything here feeds the 24 algosSee the algos
Strategies / Breakout / Bollinger Band Squeeze Breakout (long only)

Bollinger Band Squeeze Breakout (long only)

Buys when the close breaks above the upper 20-period Bollinger Band after band width has narrowed to its tightest level of the last 100 bars. Exits when the close falls below the 150-period average.

BreakoutLong onlySwingEUR/USDDaily
2.58Profit factor
6,918Net profit USD
42.50%Win rate
80Trades
-2,687Max drawdown
86.47Avg trade

Best run of 2. EUR/USD, Daily, spread 1.2, from run pf:2026-10-10-EURUSD-D.tsv:6.

Entry rules, long

  1. Band width over the last 20 bars has been at its lowest level of the last 100 bars

Exit rules

  1. The close falls below the 150-period SMA

Test conditions

PeriodUp to 2026-10-10
InstrumentEUR/USD, Daily
Spread1.2 points
Starting capital1,000,000
CostsSpread only. Commissions and overnight financing are not included.
BarsUp to 200,000 bars, fewer where the instrument has less history
Last tested2026-10-10

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
EUR/USDBest runDaily2.58 8042.506,918 USD-2,687
GBP/USDDaily1.37 7939.242,204 USD-2,077

Charts

Results by run

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// Bollinger Band Squeeze Breakout (long only)
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Breakout
// Direction: Long only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false
ONCE capital = 10000

20 more lines: the entry and exit rules.

Setup

How to load it

  1. Copy the code with the copy button on the code block.
  2. In ProRealTime, open a chart of the instrument and timeframe you want to test, then open ProOrder > New trading system and choose "Create with programming".
  3. Paste the code, give the system a name and save it.
  4. Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

Bollinger BandsSMA
Read this firstKnown weaknesses2 points
  • The best run has only 80 trades, which is a small sample to judge it on.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run Bollinger Band Squeeze Breakout (long only) in ProOrder?

Yes. The code is ProBuilder and runs as an automated ProOrder system. Backtest it on your own account with your own spread and position size before trading it live.

Which markets was it tested on?

It was tested on 2 market and timeframe combinations. The best run was EUR/USD, Daily, with a profit factor of 2.58 over 80 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,687 USD at the tested position size, against a net result of 6,918 USD.

Does it trade long, short or both?

It only takes long trades.

Related

Strategies like this one

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

Slow MACD Slope

Best run on the same market, EUR/USD.

6.80 PF · 7,305 trades

48 Bar Percent Breakout

Also a breakout strategy.

2.60 PF · 104 trades

Put your name on the ProRealAlgos waitlist to trade a tested portfolio instead of single strategies.

The ProRealAlgos community gets the full rules, the complete code and the automated portfolio.

Past backtest results do not guarantee future results. This is not financial advice. Curated and maintained by ProRealAlgos. ProRealTime™ is a trademark of ProRealTime SAS. prorealalgos.comStatsDocs