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Bollinger Bands Trading Strategy Analysis (Group 6)

Investment Strategy
Employing Bollinger Bands (BB), Relative Strength Index (RSI) and Price to Earning ratio (PE)

Short the stocks that rise above the upper BB, overbought in RSI and have high PE within top 60

Long the stocks that drop below lower BB, oversold in RSI and have low PE within bottom 60

Stop loss set at 5% for each security held

Close the position if the security does not meet the criteria set

Rebalance every day and use $100,000 as an initial investment

QTradableStocksUS as an investment universe