Best Bollinger Band & RSI Strategy// 80% Win-Rate
Loses money
No edge after realistic trading costs
- trades tested
- 1,098
- per trade after costs
- -3.94bp
- winners
- 17%
- years of data
- 14.5
A multi-timeframe mean reversion strategy combining Bollinger Bands (30, 2) and RSI (13). Trade setups are identified on H1 when price extends beyond the Bollinger Bands and RSI reaches extreme levels (25/75), confirmed on M15 when RSI touches 30/70, and entered on M5 when RSI crosses 50.
The exact rules we tested
- 01Instrument: GBPJPY | Signal timeframe: 5m | Direction: both
- 02LONG sequence: 1. (low < bb_h1.lower) AND (rsi_h1 < 25) THEN 2. rsi_m15 <= 30 (within 36 bars) THEN 3. rsi_m5 crosses above 50 (within 12 bars)
- 03SHORT sequence: 1. (high > bb_h1.upper) AND (rsi_h1 > 75) THEN 2. rsi_m15 >= 70 (within 36 bars) THEN 3. rsi_m5 crosses below 50 (within 12 bars)
- 04Higher-timeframe inputs (closed-bar values only, no repaint): bb_h1 on 1h, rsi_h1 on 1h, bb_m15 on 15m, rsi_m15 on 15m
- 05Entry: market at next bar open
- 06Stop: signal bar low/high
- 07Target: level: bb_h1.mid
- 08Exit longs when: (rsi_m5 >= 70) OR (high >= bb_m15.upper)
- 09Exit shorts when: (rsi_m5 <= 30) OR (low <= bb_m15.lower)