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.

Top 88 Backtests of Hobbiecode - RSI + Close previous day

Explore the most profitable cryptocurrency and stock backtests with Hobbiecode - RSI + Close previous day Strategy (on TradingView).

Filters

Sandisk Corporation (SNDK)

+ Hobbiecode - RSI + Close previous day

@ Daily

2.91

Profit Factor

210.69 %

Total ROI

Oklo Inc. (OKLO)

+ Hobbiecode - RSI + Close previous day

@ Daily

2.57

Profit Factor

428.16 %

Total ROI

E-MINI NASDAQ-100 FUTURES (CONTINUOUS: CURRENT CONTR...)

+ Hobbiecode - RSI + Close previous day

@ DailyTradeSearcher backtest

2.23

Profit Factor

349.08 %

Total ROI

288

fuboTV Inc. (FUBO)

+ Hobbiecode - RSI + Close previous day

@ 1 h

1.77

Profit Factor

32.47 %

Total ROI

632

Spectral AI, Inc. (MDAI)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.66

Profit Factor

47.09 %

Total ROI

VIRTUAL / TetherUS (VIRTUALUSDT)

+ Hobbiecode - RSI + Close previous day

@ Daily

1.57

Profit Factor

127.93 %

Total ROI

Kenvue Inc. (KVUE)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.45

Profit Factor

6.74 %

Total ROI

Procter & Gamble Company (The) (PG)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.45

Profit Factor

803.59 %

Total ROI

874

QUALCOMM Incorporated (QCOM)

+ Hobbiecode - RSI + Close previous day

@ 4 h

1.39

Profit Factor

3,301.92 %

Total ROI

907

Exxon Mobil Corporation (XOM)

+ Hobbiecode - RSI + Close previous day

@ Daily

1.39

Profit Factor

13,596.53 %

Total ROI

1054

General Motors Company (GM)

+ Hobbiecode - RSI + Close previous day

@ Daily

1.36

Profit Factor

242.54 %

Total ROI

276

Pepsico, Inc. (PEP)

+ Hobbiecode - RSI + Close previous day

@ 2 h

1.27

Profit Factor

376.10 %

Total ROI

1391

Create your account for free to see all 88+ backtests

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

Get started

Active Trades

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

Popular TradingView Strategies

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

20 backtests

PMax Explorer STRATEGY & SCREENER

65 backtests

Flawless Victory Strategy - 15min BTC Machine Learning Strategy

130 backtests

Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2

85 backtests

Optimized Trend Tracker STRATEGY & SCREENER

78 backtests

Stochastic + RSI, Double Strategy (by ChartArt)

28 backtests

Bollinger + RSI, Double Strategy (by ChartArt)

25 backtests

Bjorgum Double Tap

40 backtests

EMA Slope + EMA Cross Strategy (by ChartArt)

38 backtests

Pivot Point SuperTrend [Backtest]

72 backtests

Find the best trading strategy for your trading styte

Browse strategies

Popular Cryptos

Bitcoin / TetherUS (BTCUSDT)

BINANCE:BTCUSDT

55 strategies

Ethereum / TetherUS (ETHUSDT)

BINANCE:ETHUSDT

119 strategies

TetherUS / USD (USDTUSD)

BINANCEUS:USDTUSD

88 strategies

XRP / TetherUS (XRPUSDT)

BINANCE:XRPUSDT

77 strategies

Binance Coin / TetherUS (BNBUSDT)

BINANCE:BNBUSDT

53 strategies

USDC / U.S. Dollar (USDCUSD)

GEMINI:USDCUSD

0 strategies

SOL / TetherUS (SOLUSDT)

BINANCE:SOLUSDT

73 strategies

USTCUSDT SPOT (USTCUSDT)

BYBIT:USTCUSDT

116 strategies

TRON / TetherUS (TRXUSDT)

BINANCE:TRXUSDT

42 strategies

Dogecoin / TetherUS (DOGEUSDT)

BINANCE:DOGEUSDT

83 strategies

Popular Stocks

Tesla, Inc. (TSLA)

NASDAQ:TSLA

255 strategies

NVIDIA Corporation (NVDA)

NASDAQ:NVDA

92 strategies

Micron Technology, Inc. (MU)

NASDAQ:MU

72 strategies

American Airlines Group, Inc. (AAL)

NASDAQ:AAL

573 strategies

Safety Shot, Inc. (SHOT)

NASDAQ:SHOT

0 strategies

Apple Inc. (AAPL)

NASDAQ:AAPL

100 strategies

Applied UV, Inc. (AUVI)

NASDAQ:AUVI

108 strategies

Microsoft Corporation (MSFT)

NASDAQ:MSFT

97 strategies

Amazon.com, Inc. (AMZN)

NASDAQ:AMZN

121 strategies

Lucid Group, Inc. (LCID)

NASDAQ:LCID

601 strategies

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.

Backtests run

1.2

Avg profit factor

+403%

Avg net profit

+12%

Avg annualized return

45%

Avg max drawdown

0.11

Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 223% over the same window.

Performance by asset class

Market	Backtests	Avg profit factor	Avg net profit	Avg max drawdown	Avg Sharpe
Crypto	66	1.1	>1,000%	4%	0.20
Stocks	1,390	1.2	+384%	44%	0.10
Forex	72	1.1	+14%	13%	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.

Explore the best Trading & TradingView strategies

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

Start for free