logo
Developers

Hobbiecode - RSI + Close previous day

Script from: TradingViewSwingMomentumMean reversionReversal

Utilizing the "Hobbiecode - RSI + Close previous day" strategy, traders enter a position on SPY or Mini Futures SP500 when a low RSI(2) below 15 is observed at the day's close. Trades are exited if the closing price of the day surpasses the previous day's high. Optimal performance is verified through backtesting on D1 timeframe data from 1993. Engage and discuss improvements or observations for collective benefit.

Premium users only

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

@ Daily

6.69

Risk Reward

272.96 %

Total ROI

26

Oklo Inc. (OKLO)

+ Hobbiecode - RSI + Close previous day

@ Daily

2.69

Risk Reward

440.40 %

Total ROI

80

fuboTV Inc. (FUBO)

+ Hobbiecode - RSI + Close previous day

@ 1 h

1.77

Risk Reward

32.47 %

Total ROI

632

Spectral AI, Inc. (MDAI)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.66

Risk Reward

47.09 %

Total ROI

18

VIRTUAL / TetherUS (VIRTUALUSDT)

+ Hobbiecode - RSI + Close previous day

@ Daily

1.58

Risk Reward

126.60 %

Total ROI

38

Procter & Gamble Company (The) (PG)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.45

Risk Reward

811.02 %

Total ROI

873

Kenvue Inc. (KVUE)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.45

Risk Reward

6.74 %

Total ROI

34

QUALCOMM Incorporated (QCOM)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.44

Risk Reward

3,564.34 %

Total ROI

906

Exxon Mobil Corporation (XOM)

+ Hobbiecode - RSI + Close previous day

@ Daily

1.39

Risk Reward

13,596.53 %

Total ROI

1054

General Motors Company (GM)

+ Hobbiecode - RSI + Close previous day

@ Daily

1.36

Risk Reward

242.54 %

Total ROI

276

Pepsico, Inc. (PEP)

+ Hobbiecode - RSI + Close previous day

@ 2 h

1.27

Risk Reward

372.05 %

Total ROI

1387

CleanSpark, Inc. (CLSK)

+ Hobbiecode - RSI + Close previous day

@ 1 h

1.25

Risk Reward

1,629.80 %

Total ROI

974

Create your account for free to see all 79+ backtests

Access filters, details, best timeframes, explore 100K+ backtests and more

Active Trades

Create your account to see on which symbols Hobbiecode - RSI + Close previous day is currently trading on.

Hobbiecode - RSI + Close previous day 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.

79
Backtests run
1.2
Avg profit factor
+450%
Avg net profit
+13%
Avg annualized return
48%
Avg max drawdown
0.11
Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 256% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto661.1>1,000%4%0.20
Stocks1,3901.2+396%44%0.10
Forex721.2+23%7%0.17

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.

Explore the best Trading & TradingView strategies

Stop trading blindly. Explore quality-gated backtests and improve your trading skills with data.

Start for free