A close outside the Bollinger Band (20) with volume of at least 8000 opens a trade in the breakout direction. Every position has a 30 point stop and a 60 point target, and an opposite signal flips it. Weekend bars are skipped.
Best run of 5. Gold, 30 min, spread 0.6, from run sweeps:2026-09-24-GOLD-30m-opt.tsv:4.
| Period | Up to 2026-09-24 |
| Instrument | Gold, 30 minutes |
| Spread | 0.6 points |
| Contracts | 1 |
| Starting capital | 1,000,000 |
| Costs | Spread only. Commissions and overnight financing are not included. |
| Bars | Up to 200,000 bars, fewer where the instrument has less history |
| Last tested | 2026-09-24 |
| positionSize Contracts per trade | 1 |
| bandPeriod Bollinger Band length | 20 |
| minVolume Breakout bar needs at least this volume | 8000 |
| stopLossPoints Protective stop | 30 |
| takeProfitPoints Profit target | 60 |
Every run
| Market | Timeframe | PF | Trades | Win % | Net | Max DD |
|---|---|---|---|---|---|---|
| GoldBest run | 30 min | n/a | 1,329 | 38.60 | 1,434 EUR | -607 |
| Silver | 4 hours | n/a | 1,150 | 35.48 | 12,379 USD | -4,955 |
| Gold | 4 hours | n/a | 794 | 37.15 | 1,619 EUR | -476 |
| Gold | Daily | n/a | 235 | 37.87 | 1,180 EUR | -392 |
| S&P 500 | 1 min | n/a | 265 | 40.75 | 595 EUR | -364 |
Charts
The code
Every file in the library uses the same header, the same section order and the same variable names. The numbers above were produced by the original version before the rewrite, and the rewrite has not yet been compiled in ProRealTime.
// ============================================================ // Bollinger Volume Breakout // ProRealAlgos Strategy Library | prorealalgos.com // Type: Breakout // Direction: Long & short // Timeframe tested: 30 minutes // ============================================================ // --- Settings --- DEFPARAM CumulateOrders = false // --- Parameters --- positionSize = 1 // contracts per trade bandPeriod = 20 // Bollinger Band length minVolume = 8000 // breakout bar needs at least this volume stopLossPoints = 30 // protective stop takeProfitPoints = 60 // profit target // --- Indicators --- upperBand = BollingerUp[bandPeriod](close) lowerBand = BollingerDown[bandPeriod](close) // No entries on bars that open on Saturday (6) or Sunday (0). weekendBar = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0
16 more lines: the entry and exit rules.
Read this first
Questions
Yes, it is fully automated with fixed point stops and targets. The code was rewritten after these sweeps and not compile-checked, so test it first.
Gold, Silver and the S&P 500. Silver 4 hours made the most at USD 12,378.5, Gold appeared on three timeframes, and S&P 500 1 minute made EUR 594.63.
At 1 contract the best Gold 30 minute run had a max drawdown of EUR 607.3. Silver 4 hours saw USD 4,954.5.
It keeps the system out of low-activity breakouts. Instruments with no real volume data will need a different threshold.
Related
The ProRealAlgos community gets the full rules, the complete code and the automated portfolio.
