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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.

Blue Owl Capital Inc. (OWL)

+ DMI Strategy

@ 2 h

2.50

Risk Reward

98.43 %

Total ROI

19

Total Trades

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

+ DMI Strategy

@ 4 h

2.10

Risk Reward

239.36 %

Total ROI

79

Total Trades

Vistra Corp. (VST)

+ DMI Strategy

@ 5 min

2.06

Risk Reward

309.00 %

Total ROI

110

Total Trades

Airbnb, Inc. (ABNB)

+ DMI Strategy

@ 2 h

1.68

Risk Reward

69.37 %

Total ROI

16

Total Trades

Sanofi (SAN)

+ DMI Strategy

@ 15 min

1.68

Risk Reward

101.85 %

Total ROI

116

Total Trades

Verizon Communications Inc. (VZ)

+ DMI Strategy

@ 4 h

1.52

Risk Reward

93.34 %

Total ROI

55

Total Trades

Urban Outfitters, Inc. (URBN)

+ DMI Strategy

@ 15 min

1.45

Risk Reward

175.41 %

Total ROI

126

Total Trades

UiPath, Inc. (PATH)

+ DMI Strategy

@ 1 h

1.36

Risk Reward

39.97 %

Total ROI

18

Total Trades

CSX Corporation (CSX)

+ DMI Strategy

@ 15 min

1.25

Risk Reward

36.89 %

Total ROI

101

Total Trades

Nu Holdings Ltd. (NU)

+ DMI Strategy

@ 1 h

1.24

Risk Reward

75.05 %

Total ROI

17

Total Trades

PSQ Holdings, Inc. (PSQH)

+ DMI Strategy

@ 1 h

1.23

Risk Reward

474.53 %

Total ROI

30

Total Trades

Grab Holdings Limited (GRAB)

+ DMI Strategy

@ 2 h

1.22

Risk Reward

38.62 %

Total ROI

18

Total Trades
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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.

31
Backtests run
1.3
Avg profit factor
+69%
Avg net profit
+92%
Avg annualized return
67%
Avg max drawdown
0.14
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

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto651.1+14%383%0.04
Stocks1,1561.3+69%51%0.15
Forex7211%

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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