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Bollinger + RSI, Double Strategy (by ChartArt) v1.1

Script from: TradingViewLongTermTrend followingMean reversionVolatility

This strategy uses the RSI indicator with Bollinger Bands to sell above the upper Bollinger Band and buy below the lower band. RSI and Bollinger Band must both indicate overbought or oversold to trigger. Version 1.1 simplifies inputs and improves backtesting by using a 200-period SMA for the Bollinger Band and fewer color alerts for more relevant opportunities.

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

5.43

Risk Reward

199.04 %

Total ROI

19

Total Trades

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 15 min

4.01

Risk Reward

279.86 %

Total ROI

31

Total Trades

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 1 h

3.57

Risk Reward

1,457.16 %

Total ROI

38

Total Trades

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 1 h

3.38

Risk Reward

766.58 %

Total ROI

24

Total Trades

Fastenal Company (FAST)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 2 h

2.56

Risk Reward

490.15 %

Total ROI

42

Total Trades

E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT...)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 4 h

2.44

Risk Reward

231.47 %

Total ROI

39

Total Trades

Fastenal Company (FAST)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 4 h

2.26

Risk Reward

477.62 %

Total ROI

30

Total Trades

Lumen Technologies, Inc. (LUMN)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 4 h

2.11

Risk Reward

110.82 %

Total ROI

17

Total Trades

Verizon Communications Inc. (VZ)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 2 h

2.10

Risk Reward

294.39 %

Total ROI

48

Total Trades

WIF / TetherUS (WIFUSDT)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 1 h

1.68

Risk Reward

3,798.49 %

Total ROI

43

Total Trades

Lyft, Inc. (LYFT)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 15 min

1.60

Risk Reward

462.74 %

Total ROI

45

Total Trades

Home Depot, Inc. (The) (HD)

+ Bollinger + RSI, Double Strategy (by ChartArt) v1.1

@ 15 min

1.59

Risk Reward

44.51 %

Total ROI

42

Total Trades
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Active Trades

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Bollinger + RSI, Double Strategy (by ChartArt) v1.1 backtest statistics

Aggregated across every validated backtest TradeSearcher has run on this strategy. Figures update automatically as new backtests are added — they are not edited by hand. Classified as long-term by holding period.

21
Backtests run
2.1
Avg profit factor
+450%
Avg net profit
+66%
Avg annualized return
72%
Avg max drawdown
0.16
Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 302% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto461.9>1,000%0.29
Stocks7491.9+282%69%0.13
Forex725.4+199%20%0.03

Backtests use the validated-universe filter: non-repainting scripts, over 15 trades, non-excluded. Per-market rows appear only when at least one backtest exists for that asset class.

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