Bear Market Strategy Summary:
- Overview:
- This strategy aims to identify potential bearish trends in the market, indicating a downward price movement.
- It utilizes moving averages and Bollinger Bands to assess market conditions.
Entry Rule:
- Conditions for Entering a Trade:
- The price should be above a short-term Simple Moving Average (SMA).
- The short-term SMA should be above the long-term SMA.
- The price should be above the upper Bollinger Band.
Exit Rule:
- Conditions for Exiting a Trade:
- The price should be below the short-term SMA.
- The short-term SMA should be below the long-term SMA.