Arowana Profits
π Filters
Std deviations
Flip: RSI β₯ 70 for upper
Active:
Lower Band
Ο β₯ 2.0
RSI β€ 30
π Live data: checkingβ¦
βοΈ Configure in Account β
βMatching
βLower Band
βUpper Band
βAvg RSI
π Results
| Symbol | Price | Band | Ο Dev | RSI(14) | Vol Γ | % from Mid | ATR | Notes | Action |
|---|---|---|---|---|---|---|---|---|---|
| Click Scan Now to load results. | |||||||||
π BB Snapback Playbook
π― Lower Band Setup (Long)
Price pierces lower band (Ο β₯2), RSI β€30, volume spike β₯1.5Γ. Look for pin bar or engulfing candle for entry confirmation.
π Upper Band Setup (Short)
Price pierces upper band (Ο β₯2), RSI β₯70, volume spike β₯1.5Γ. Mean-reversion target is the mid BB (20-day MA).
π Stop Placement
Stop just beyond the extreme wick. Exit if price closes further outside the band on the next candle β trend may be continuing.
π Target
Mid Bollinger Band (20 SMA) = 1R minimum. Opposite band = 2R. Scale out at mid-band, run remainder to structure.
β οΈ Risk note: BB snapbacks work best in ranging markets, not strong trends. Always check the higher timeframe trend before fading a band touch.