DMI Strategy

Script from: TradingViewLongTermTrend followingMomentumOptionsReversal

This strategy uses the DMI indicator to identify tops and bottoms, primarily for trading Nifty Bank options. Enter long when DI+(11) goes below 10 and DI-(11) above 40, short when DI-(11) below 10 and DI+(11) above 40. For Bank Nifty, trade in the strike price with a premium near 300, SL at 20%. If premium drops below 10%, average by buying another lot.

Top 47 Backtests of DMI Strategy

Explore the most profitable cryptocurrency and stock backtests with DMI Strategy (on TradingView).

Filters

Blue Owl Capital Inc. (OWL)

+ DMI Strategy

@ 2 h

2.50

Profit Factor

98.43 %

Total ROI

E-MINI DOW (5$) FUTURES (YM1!)

+ DMI Strategy

@ 4 hTradeSearcher backtest

2.34

Profit Factor

185.54 %

Total ROI

E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT...)

+ DMI Strategy

@ 4 h

2.22

Profit Factor

264.93 %

Total ROI

Verizon Communications Inc. (VZ)

+ DMI Strategy

@ 4 h

2.10

Profit Factor

209.73 %

Total ROI

E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT...)

+ DMI Strategy

@ 15 minTradeSearcher backtest

1.95

Profit Factor

62.15 %

Total ROI

Australian Dollar/U.S. Dollar (AUDUSD)

+ DMI Strategy

@ 1 hTradeSearcher backtest

1.70

Profit Factor

25.60 %

Total ROI

Airbnb, Inc. (ABNB)

+ DMI Strategy

@ 2 h

1.68

Profit Factor

69.37 %

Total ROI

E-MINI DOW (5$) FUTURES (YM1!)

+ DMI Strategy

@ 15 minTradeSearcher backtest

1.65

Profit Factor

36.16 %

Total ROI

E-MINI DOW (5$) FUTURES (YM1!)

+ DMI Strategy

@ 1 hTradeSearcher backtest

1.64

Profit Factor

90.23 %

Total ROI

Sanofi (SAN)

+ DMI Strategy

@ 15 min

1.61

Profit Factor

75.97 %

Total ROI

108

E-MINI DOW (5$) FUTURES (YM1!)

+ DMI Strategy

@ 5 minTradeSearcher backtest

1.60

Profit Factor

23.15 %

Total ROI

Urban Outfitters, Inc. (URBN)

+ DMI Strategy

@ 15 min

1.59

Profit Factor

278.44 %

Total ROI

128

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Active Trades

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DMI Strategy 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 long-term by holding period.

Backtests run

1.4

Avg profit factor

+57%

Avg net profit

+77%

Avg annualized return

56%

Avg max drawdown

0.19

Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 139% over the same window.

Performance by asset class

Market	Backtests	Avg profit factor	Avg net profit	Avg max drawdown	Avg Sharpe
Crypto	65	1.1	+14%	383%	0.04
Stocks	1,161	1.3	+61%	51%	0.13
Forex	72	1.3	+11%	14%	0.14

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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