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Sideways Strategy DMI + Bollinger Bands (by Coinrule)

Script from: TradingViewSwingMean reversionReversal

Utilize the Directional Movement Index (DMI) to identify sideways markets and Bollinger Bands (BB) for entry/exit signals. Enter trades when the price crosses over the lower BB; exit when it crosses below the upper BB. Best for 1-hour timeframes. Adaptable to more volatile assets with appropriate adjustments. Integrate and test on Coinrule for execution.

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

@ 2 h

3.45

Risk Reward

25.98 %

Total ROI

19

Total Trades

Netflix, Inc. (NFLX)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 1 h

2.31

Risk Reward

73.22 %

Total ROI

36

Total Trades

Wells Fargo & Company (WFC)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

2.09

Risk Reward

38.00 %

Total ROI

19

Total Trades

American Airlines Group, Inc. (AAL)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

2.07

Risk Reward

47.49 %

Total ROI

16

Total Trades

American Airlines Group, Inc. (AAL)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 1 h

1.83

Risk Reward

73.35 %

Total ROI

32

Total Trades

Sirius XM Holdings Inc. (SIRI)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 1 h

1.81

Risk Reward

21.67 %

Total ROI

29

Total Trades

Micron Technology, Inc. (MU)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

1.67

Risk Reward

32.18 %

Total ROI

17

Total Trades

CSX Corporation (CSX)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

1.61

Risk Reward

16.97 %

Total ROI

17

Total Trades

Pfizer, Inc. (PFE)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 5 min

1.58

Risk Reward

6.44 %

Total ROI

42

Total Trades

Sirius XM Holdings Inc. (SIRI)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

1.55

Risk Reward

12.35 %

Total ROI

16

Total Trades

NextEra Energy, Inc. (NEE)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 5 min

1.55

Risk Reward

7.10 %

Total ROI

39

Total Trades

Affirm Holdings, Inc. (AFRM)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 5 min

1.49

Risk Reward

26.71 %

Total ROI

39

Total Trades
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Active Trades

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Sideways Strategy DMI + Bollinger Bands (by Coinrule) 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 swing by holding period.

55
Backtests run
1.3
Avg profit factor
+13%
Avg net profit
+15%
Avg annualized return
26%
Avg max drawdown
0.09
Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 48% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto1764%
Stocks4161.3+13%26%0.09

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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