Engineering Alpha

Engineering Alpha

The Double Bollinger Trading Strategy

Coding the Double Bollinger Trading Strategy in Python

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Oct 18, 2022
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The Relative Strength Index

First introduced by J. Welles Wilder Jr., the RSI is one of the most popular and versatile technical indicators. Mainly used as a contrarian indicator where extreme values signal a reaction that can be exploited. Typically, we use the following steps to calculate the default RSI:

  • Calculate the change in the closing prices from …

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