{
  "id": 2758,
  "rank": 1387,
  "name": "Bands 2",
  "aka": [
    "Bollinger Bands based strategy"
  ],
  "family": "K",
  "subtype": "K4",
  "one_liner": "Placing Buy Stop and Sell Stop orders based on Bollinger Bands and custom take profits.",
  "market_regime": "any",
  "timeframes": [
    "any"
  ],
  "symbols": [
    "any"
  ],
  "sessions": [
    "Hour start to Hour end"
  ],
  "indicators": [
    {
      "name": "iBands",
      "params": {
        "period": 20,
        "deviations": 2
      },
      "applied_to": "close"
    },
    {
      "name": "Moving Average",
      "params": {
        "period": 14,
        "shift": 0,
        "smoothing_type": "simple",
        "price_type": "close"
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "Close price of bar #0 within iBands and no pending orders"
  ],
  "entry_short": [
    "Close price of bar #0 within iBands and no pending orders"
  ],
  "exit_rules": [
    "Not explicitly stated in the source"
  ],
  "filters": [
    "none"
  ],
  "stop_loss": "by iBands or Moving Average - parameter Stop loss type",
  "take_profit": "First Take Profit, Second Take Profit, Third Take Profit",
  "position_size": "Lots - pending order volume",
  "evidence_type": "source_code",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/2758-bands-2",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/code/20752",
  "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."
}