B
Bollinger Double-Top/Bottom Fakeout (Priyank)
Priyank · watch on YouTube ↗
Claims it makes (quotes pulled from the transcript)
- “Fade an M-top at the upper band or a W-bottom at the lower band; enter on the neckline break, target 1R plus a runner, stop beyond the band.”
Verdict
A classic-looking reversal pattern with a clearly defined neckline-break trigger.
How we tested it
Nifty-50, 5-min, over 13,324 trades — a huge, conclusive sample.
Payoff below 1.0 means the winners are smaller than the losers — the exact opposite of the '1:1 plus runner' pitch. Fading band breakouts gets you run over on trend days: −0.36R, −₹2.75M (and −₹6.66M at realistic slippage) over 13,324 trades. Another mean-reversion fade the market steamrolls.