Algorithmic Trading With Python - Rayner Teo Bollinger Bands Strategy Backtest In Python High Return

This video shows a backtest of the Rayner Teo Bollinger Bands Strategy, that he explained on his channel, it was recommended by one of the comments and got me curious, so it's a python high return backtest, which makes it a good algorithmic trading strategy, all confirmed over 10 years of data using stock market prices. It can be used for crypto, different currencies, stocks, bitcoin or other. It works well on the daily timeframe generating high return. This strategy looks safe the equity doesn't show large drawdowns, and Rayner Teo backtest showed 1682% return. Details are explained in here with the python code. ╔═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦═╦══╦═╦═╦══╦═╦═╦══╦═╦═╦ 📘 Book available on Amazon (Algorithmic Trading Hands-On Approach Using Python): https://a.co/d/6woMBHt 💲 Algorithmic Trading Courses and Python for all levels (Udemy Sale Coupons): https://www.codetradingcafe.com/ Happy learning, happy coding ☕ ╚═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩═╩ For coding fans you can download the python code as a jupyter notebook file from this link: https://drive.google.com/file/d/1hK3cpV0vYxW40krT9BeSiSN_KqLmrTtP/view?usp=sharing #forexanalysis #trading #tradingbot #forex #stockmarket #stocktrading #stocktradingstrategies #algotrading #python #pythonforbeginners 00:00 Introduction And High Returns Brief Explanation 01:12 Rayner Teo Bollinger Strategy Basics 05:57 Python Code Explanation 08:05 Coding The Technical Indicators 08:30 Trading Signals Functions 12:35 Trading Chart and Signals Visualization 13:35 Strategy Backtest 19:35 Backtest Results Returns And Trades Details 20:55 Equity Chart Throughout the Backtest