BT-Bollinger Bands - Trend Following

Script from: TradingViewSwingTrend followingBotMean reversion

The "BT-Bollinger Bands - Trend Following" strategy uses Bollinger Bands to signal trend initiation, setting entries when price action breaches and closes across band extremes—long on closing above the upper band, short on closing below the lower band. Exits are executed when price reverts to the band's mean. For enhanced precision, integrate a moving average as an additional filter or automate entries and exits with compatible bot services.

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.

2,100backtests3 markets

37robust scoreranked median 52

0.40p-valueranked median 0.24

2/107pass 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 1.04 (p = 0.40), below the median of 1.95 (p = 0.24) for ranked strategies.

✓

Quality gate

2 of 107 backtests with more than 15 trades pass our quality gate.

Robust score

37/100, below the median of 52 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.

1.04

avg. t-statistic

1.95

median, ranked strategies

Best 5 of 2,100 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
FLOKI / TetherUS BINANCE:FLOKIUSDT	4H	+1,147%	1.52	101	39%
Riot Platforms, Inc. NASDAQ:RIOT	1H	+474%	1.52	130	33%
OM / TetherUS BINANCE:OMUSDT	1D	+390%	2.19	16	47%
NEAR / TetherUS BINANCE:NEARUSDT	4H	+294%	1.47	157	36%
AR / TetherUS BINANCE:ARUSDT	4H	+238%	1.30	146	49%

⚠Selected after the fact: these are the best 5 of 2,100 runs, not what to expect from this strategy.

Is BT-Bollinger Bands - Trend Following profitable?

Not reliably, based on our tests. Across 2,100 backtests, 2 of 107 with more than 15 trades pass our quality gate. The best result is +1,147% on FLOKI / TetherUS (4H, 101 trades). On average, its results are statistically indistinguishable from chance (p = 0.40).

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