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 31 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

Risk Reward

98.43 %

Total ROI

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

+ DMI Strategy

@ 4 h

2.10

Risk Reward

239.36 %

Total ROI

Verizon Communications Inc. (VZ)

+ DMI Strategy

@ 4 h

2.05

Risk Reward

201.01 %

Total ROI

Vistra Corp. (VST)

+ DMI Strategy

@ 5 min

1.74

Risk Reward

204.62 %

Total ROI

109

Airbnb, Inc. (ABNB)

+ DMI Strategy

@ 2 h

1.68

Risk Reward

69.37 %

Total ROI

Sanofi (SAN)

+ DMI Strategy

@ 15 min

1.60

Risk Reward

94.54 %

Total ROI

117

Urban Outfitters, Inc. (URBN)

+ DMI Strategy

@ 15 min

1.49

Risk Reward

209.47 %

Total ROI

126

UiPath, Inc. (PATH)

+ DMI Strategy

@ 1 h

1.36

Risk Reward

39.97 %

Total ROI

CSX Corporation (CSX)

+ DMI Strategy

@ 15 min

1.25

Risk Reward

36.89 %

Total ROI

101

Nu Holdings Ltd. (NU)

+ DMI Strategy

@ 1 h

1.24

Risk Reward

75.05 %

Total ROI

PSQ Holdings, Inc. (PSQH)

+ DMI Strategy

@ 1 h

1.23

Risk Reward

474.53 %

Total ROI

Grab Holdings Limited (GRAB)

+ DMI Strategy

@ 2 h

1.22

Risk Reward

38.62 %

Total ROI

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Active Trades

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Popular Cryptos

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BINANCE:BTCUSDT

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BINANCE:ETHUSDT

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BINANCEUS:USDTUSD

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BINANCE:TRXUSDT

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NASDAQ:MSFT

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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

1.3

Avg profit factor

+70%

Avg net profit

+90%

Avg annualized return

68%

Avg max drawdown

0.13

Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 187% 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	1,156	1.3	+70%	51%	0.14
Forex	72	—	—	11%	—

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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