# Bollinger Bands Breakout

Enters long after 5 consecutive candles above Bollinger Band Upper and breakout of 5th candle's high; enters short after 5 consecutive candles below Bollinger Band Lower and breakout of 5th candle's low.

Canonical: https://prismaticalgos.com/compendium/algo/3705-bollinger-bands-breakout
Record ID: 3705
Catalog rank: 2809 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.prorealcode.com/topic/entrare-a-mercato-dopo-chiusura-di-5-candele-sopra-mediana-superiore-bollinger/
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: M15
- sessions: any
- market_regime: trending

## Indicators

- Bollinger Bands: {"deviation": 0.382, "period": 20}; applied to: close

## Recorded long-entry rules

- close crosses over Bollinger Band Upper
- 5 consecutive candles above Bollinger Band Upper
- close crosses over 5th candle's high

## Recorded short-entry rules

- close crosses under Bollinger Band Lower
- 5 consecutive candles below Bollinger Band Lower
- close crosses under 5th candle's low

## Recorded exit rules

- Not specified.

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 100 pips
- Take profit: 700 pips
- Position sizing: 1 contract