Shorting when Bollinger Band Above Price with RSI (by Coinrule)

Script from: TradingViewSwingMomentumReversal

The "Shorting when Bollinger Band Above Price with RSI" strategy combines the use of Bollinger Bands and the Relative Strength Index (RSI) to identify potential shorting opportunities in the market. It looks for assets that are overbought in the short term and may be due for a trend reversal. The strategy places a short order when the closing price is above the upper Bollinger Band and the RSI is less than 70. The trade is closed when the RSI is less than 70 or when the lower Bollinger Band is less than the closing price. The strategy was backtested in a bear market scenario and assumes a 70% capital allocation per trade with a 0.1% trading fee

Top 53 Backtests of Shorting when Bollinger Band Above Price with RSI (by Coinrule)

Explore the most profitable cryptocurrency and stock backtests with Shorting when Bollinger Band Above Price with RSI (by Coinrule) Strategy (on TradingView).

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

@ 15 min

46.49

Profit Factor

385.94 %

Total ROI

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

@ 15 min

21.71

Profit Factor

208.28 %

Total ROI

Premium users only

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

@ 15 min

20.13

Profit Factor

177.30 %

Total ROI

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@ 15 min

18.47

Profit Factor

206.96 %

Total ROI

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

@ 15 min

16.09

Profit Factor

81.15 %

Total ROI

Premium users only

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

@ 5 min

13.41

Profit Factor

290.19 %

Total ROI

Premium users only

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

@ 5 min

11.49

Profit Factor

227.34 %

Total ROI

Premium users only

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

@ 5 min

9.55

Profit Factor

51.96 %

Total ROI

Premium users only

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

@ 15 min

8.21

Profit Factor

198.58 %

Total ROI

Premium users only

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

@ 5 min

7.09

Profit Factor

133.99 %

Total ROI

Premium users only

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

@ 5 min

7.01

Profit Factor

112.02 %

Total ROI

Premium users only

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

@ 15 min

6.31

Profit Factor

71.72 %

Total ROI

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Shorting when Bollinger Band Above Price with RSI (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.

Backtests run

5.5

Avg profit factor

+68%

Avg net profit

+53%

Avg annualized return

48%

Avg max drawdown

0.22

Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 122% over the same window.

Performance by asset class

Market	Backtests	Avg profit factor	Avg net profit	Avg max drawdown	Avg Sharpe
Crypto	72	3.0	+42%	40%	0.19
Stocks	1,227	6.6	+82%	52%	0.22
Forex	76	1.3	+4%	8%	0.27

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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