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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.

Premium users only

Premium users can access all backtests with a profit factor above 3

@ 4 hTradeSearcher backtest

4.13

Profit Factor

48.58 %

Total ROI

29

Premium users only

Premium users can access all backtests with a profit factor above 3

@ 2 h

3.45

Profit Factor

25.98 %

Total ROI

19

Netflix, Inc. (NFLX)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 1 h

2.31

Profit Factor

73.22 %

Total ROI

36

Wells Fargo & Company (WFC)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

2.09

Profit Factor

38.00 %

Total ROI

19

American Airlines Group, Inc. (AAL)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

2.07

Profit Factor

47.49 %

Total ROI

16

American Airlines Group, Inc. (AAL)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 1 h

1.83

Profit Factor

73.35 %

Total ROI

32

Sirius XM Holdings Inc. (SIRI)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 1 h

1.81

Profit Factor

21.67 %

Total ROI

29

Australian Dollar/U.S. Dollar (AUDUSD)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 4 hTradeSearcher backtest

1.78

Profit Factor

13.46 %

Total ROI

33

Micron Technology, Inc. (MU)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

1.67

Profit Factor

32.18 %

Total ROI

17

CSX Corporation (CSX)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

1.61

Profit Factor

16.97 %

Total ROI

17

Pfizer, Inc. (PFE)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 5 min

1.58

Profit Factor

6.44 %

Total ROI

42

Sirius XM Holdings Inc. (SIRI)

+ Sideways Strategy DMI + Bollinger Bands (by Coinrule)

@ 2 h

1.55

Profit Factor

12.35 %

Total ROI

16

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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.

58
Backtests run
1.4
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 47% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto17——64%—
Stocks4161.3+13%26%0.09
Forex661.6+12%9%0.08

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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