RSI Buy & Sell Trading Script

Script from: TradingViewIntradayMomentumTrend followingVolume

Explore a beginner's RSI-based trading script with this strategy, focusing on identifying buy and sell signals. With an initial capital of $100, employing 10% per trade, the strategy hinges on RSI and Moving Averages to make market entry and exit decisions, incorporating two-tiered take profits and a fixed stop loss. The script is adaptable, boasting backtesting capabilities, monthly profit display, and offers parameters for trailing stops and moving take profits for dynamic trade management.

Audit verdict

Not rankedUpdated Jul 28, 2026

No reliable edge found

Its average result can't be told apart from chance, so it stays out of our rankings. The script itself passed our repainting audit.

2,102backtests3 markets

38robust scoreranked median 51

0.14p-valueranked median 0.24

3/87pass quality gatebacktests >15 trades

Audit details

How we decide whether a strategy enters our rankings. Read the methodology →

✓

Repainting audit

8 of 8 checks passed.

✓

Script availability

Open-source, still published on TradingView.

✓

Statistical edge

Average t-statistic 2.88 (p = 0.14), above the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

3 of 87 backtests with more than 15 trades pass our quality gate.

Robust score

38/100, below the median of 51 for ranked strategies.

How its evidence compares

The t-statistic measures how far the average result sits from zero relative to its noise. Below about 2, it is within what random entries produce.

2.88

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,102 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
SciSparc Ltd. NASDAQ:SPRC	1D	+4,038%	1.68	565	125%
Fetch.AI / TetherUS BINANCE:FETUSDT	1D	+1,339%	1.19	854	60%
RENDER / TetherUS BINANCE:RENDERUSDT	1D	+632%	1.12	879	81%
Tezos / TetherUS BINANCE:XTZUSDT	1D	+259%	1.26	817	54%
HENRY HUB NATURAL GAS FUTURES NYMEX:NG1!	1D	+196%	1.22	676	46%

⚠Selected after the fact: these are the best 5 of 2,102 runs, not what to expect from this strategy.

Is RSI Buy & Sell Trading Script profitable?

Not reliably, based on our tests. Across 2,102 backtests, 3 of 87 with more than 15 trades pass our quality gate. The best result is +4,038% on SciSparc Ltd. (1D, 565 trades). On average, its results are statistically indistinguishable from chance (p = 0.14).

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