Band Ride

Trades the middle of the Bollinger channel, where a trend is set but the move is not spent.

Contract
Higher/Lower
Default market
Volatility 100 Index
Pace
Quick entries

How it works

  1. Higher/Lower settles against a barrier away from the price you enter at, so the market has to travel.
  2. Bollinger Bands draw a channel, with a moving average through the middle of it.
  3. Price above that middle line is the trend, and the upper band is where moves have tended to run out.
  4. Between the two there is a trend with room left, and that is where the bot buys Higher.
  5. Below the middle line, or outside the channel entirely, it waits rather than buying.
  • Buys Higher only
  • Bollinger channel
  • Trend from the middle band
  • Stands aside at the edges
  • Loss cooldown
  • Martingale with cap

Staking

It ships with a 2.1x martingale, sized to win back a losing run of up to 3 trades inside its stop loss, with a max stake of 5. Untick Use martingale on its card to stake the same amount on every trade.

Settings

Every number here can be changed on the card before you press Run bot.

Contract

SettingDefaultRange
Duration (ticks)How many ticks each contract runs for.51–10
Barrier offsetHow far from the entry spot the barrier sits. Further pays more and wins less often.0.80.1–20

Entry rules

SettingDefaultRange
Band periodHow many ticks the channel is measured over.205–100
Band deviationHow many standard deviations out the bands sit. Wider bands leave more room to trade in.20.5–4
Cooldown after a loss (ticks)The bot sits out this many ticks after a losing trade before it looks for a new entry.20–50

Stake progression

SettingDefaultRange
Initial stakeThe amount staked on the first trade of each sequence.10.35–1,000
Martingale multiplier1 keeps the stake flat. Above 1 multiplies the stake after each loss.2.11–5
Max stakeIf the progression pushes the stake past this, it resets to the initial stake.50.35–5,000

Session limits

SettingDefaultRange
Take profitStops the bot once session profit reaches this.101–100,000
Stop lossStops the bot once session loss reaches this.101–100,000
Max losses in a rowStops the bot after this many consecutive losses.41–20

Run Band Ride free.

Sign in with Deriv and start on your demo balance. Every number on a bot can be changed before you press Run bot.

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More Higher / Lower bots

  • Squeeze Break SniperWaits for the market to go quiet, then buys the break out of the quiet stretch.
  • Candle Body BarrierBuys Lower after a down candle, but only when that candle was body rather than wick.
  • Drift ConfirmNeeds a long stretch and a short one to agree on which way the market is going.
  • Higher Low StructureChecks whether each dip is stopping higher than the dip before it.
  • Pullback BarrierBuys into a trend after price dips back towards its average, not at the top of the move.
  • Range Break BarrierWaits for price to push past the highest or lowest point of its recent range.
  • RSI Barrier TrendReads RSI at its midline rather than its extremes, to catch a move early enough to clear a barrier.
  • Slope ProjectionWorks out whether the current trend is fast enough to clear the barrier in time.
  • Volatility Scaled BarrierRefuses to trade unless the market is moving far enough to make the barrier reachable.
  • Higher / Lower TrendTrades a barrier instead of the entry spot, so the market has to actually travel to pay.