# Nice Price

A simple scalping strategy based on ADX, Bollinger Bands, and DI conditions.

Canonical: https://prismaticalgos.com/compendium/algo/1206-nice-price
Record ID: 1206
Catalog rank: 2958 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.prorealcode.com/prorealtime-trading-strategies/nice-price-forex-strategy/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: EURUSD
- timeframes: H1
- sessions: Not specified
- market_regime: trending

## Indicators

- ADX: {"period": 50}; applied to: close
- Bollinger Bands: {"period": 20}; applied to: close
- DI+: {"period": 50}; applied to: close
- DI-: {"period": 50}; applied to: close

## Recorded long-entry rules

- ADX[50] > 10
- DIplus[50](close) > DIminus[50](close)
- low < BollingerDown[20](close) and close > BollingerUp[20](close)

## Recorded short-entry rules

- ADX[50] > 10
- DIplus[50](close) < DIminus[50](close)
- high > BollingerUp[20](close) and close < BollingerDown[20](close)

## Recorded exit rules

- Not specified.

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 60 pips
- Take profit: 10 pips
- Position sizing: n SHARES