Fading NQ upper Bollinger band
This strategy fades NQ 5-minute moves to the upper Bollinger Band when the 15-minute trend is flat, shorting on a close back inside the band, with a stop 1 ATR above the high and a target at the middle band, risking...
Market Futures
Style Mean reversion
Timeframe Scalp 1m-5m (5m, 15m)
Level Intermediate
Tools Bollinger, ATR
Saved 1 time
Run 0 times Tested
Testing needs market data for this symbol. Past results do not guarantee future results.
The rules
Setup Lane (first to light up) futures Instrument(s) NQ Primary timeframe 5 minute Higher-timeframe filter (optional) 15 minute trend flat Trend rule (exact) 15 minute trend is flat
Trigger Pullback definition Price moves to upper Bollinger Band Pullback invalidation (when the setup is dead) Price closes back inside the band
Entry Entry trigger Short when price closes back inside the band
Stop Initial stop 1 ATR above the high ATR multiple 1
Exit Profit target (optional) Middle band
Risk Risk per trade 0.25% Daily loss limit / kill switch Stop after 3 losses in a day
Strengths Uses a clear, objective entry signal based on price closing back inside the band after touching it. Defines risk per trade (0.25%) and a daily loss limit (3 losses), which helps control drawdowns. Combines two timeframes (5m for entry, 15m for trend filter) to avoid fading strong trends. Has a defined stop (1 ATR above the high) and target (middle band), so the trade plan is complete. Risks Flat 15-minute trend can be subjective or hard to define precisely, leading to inconsistent entries. Fading Bollinger Band moves can fail in choppy markets where price keeps pushing to the band repeatedly, causing quick stops. The target at the middle band may be too close relative to the stop, giving a poor risk-reward ratio if the ATR stop is wide. Three losses in a day stops trading, but a losing streak can still happen over multiple days, and the strategy does not address that. Source
Typed into JustWavey.
Version history
Version Saved Changed boxes 1 2026-10-17 First version
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