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Strategies / Mean reversion / Bollinger Band Moving Average Scalp

Bollinger Band Moving Average Scalp

Buys when the close falls below the lower Bollinger Band and the short moving averages while RSI(7) crosses under RSI(25). Sells short on the mirror setup at the upper band.

Mean reversionLong & shortIntradayEUR/USD15 min
n/aProfit factor
37,234Net profit USD
53.78%Win rate
3,427Trades
-35,908Max drawdown
10.86Avg trade

Best run of 7. EUR/USD, 15 min, spread 1, from run sweeps:2026-10-11-EURUSD-15m-opt.tsv:8.

Entry rules, long

  1. The close is below the 5 and 10 period SMAs and the 20 and 30 period EMAs.
  3. RSI(7) crosses under RSI(25) on the same bar.

Entry rules, short

  1. The close is above the 5 and 10 period SMAs and the 20 and 30 period EMAs.
  3. RSI(7) crosses over RSI(75) on the same bar.

Exit rules

  2. The open crosses under the lower Bollinger Band, closing a short.
  3. An exit is skipped on a bar that also gives the opposite entry signal.

Test conditions

PeriodUp to 2026-10-11
InstrumentEUR/USD, 15 minutes
Spread1 points
Starting capital1,000,000
CostsSpread only. Commissions and overnight financing are not included.
BarsUp to 200,000 bars, fewer where the instrument has less history
Last tested2026-10-11

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
EUR/USDBest run15 minn/a 3,42753.7837,234 USD-35,908
USD/JPY4 hoursn/a 58557.61279,400 USD-258,040
Nikkei 2251 hourn/a 1,77254.4020,330 USD-11,535
Dow Jones4 hoursn/a 20460.2915,160 EUR-6,864
Dow JonesDailyn/a 19355.448,889 EUR-8,033
FTSE 100Dailyn/a 17058.242,451 EUR-2,209
S&P 500Dailyn/a 21151.181,458 EUR-871

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Bollinger Band Moving Average Scalp
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long & short
// Timeframe tested: 15 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

basis = Average[5](close)
dev = 1.5 * STD[5](close)
upper = basis + dev
lower = basis - dev
myRsi = RSI[7](close)
rsilo = RSI[25](close)
rsihi = RSI[75](close)
smaten = Average[10](close)
smafive = Average[5](close)
emathirty = ExponentialAverage[30](close)
ematwenty = ExponentialAverage[20](close)

19 more lines: the entry and exit rules.

Setup

How to load it

  1. Copy the code with the copy button on the code block.
  2. In ProRealTime, open a chart of the instrument and timeframe you want to test, then open ProOrder > New trading system and choose "Create with programming".
  3. Paste the code, give the system a name and save it.
  4. Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

Bollinger BandsSMAEMARSI
Read this firstKnown weaknesses3 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The maximum drawdown of 35,908 USD is large next to the net profit of 37,234 USD.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run Bollinger Band Moving Average Scalp in ProOrder?

Yes. The code is ProBuilder and runs as an automated ProOrder system. Backtest it on your own account with your own spread and position size before trading it live.

Which markets was it tested on?

It was tested on 7 market and timeframe combinations. The best run by trade count was EUR/USD, 15 minutes, with 3,427 trades.

How large was the drawdown?

The best run had a maximum drawdown of 35,908 USD at the tested position size, against a net result of 37,234 USD.

Does it trade long, short or both?

It trades both long and short.

Related

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Trend Surfer

Uses the same indicator.

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Slow MACD Slope

Best run on the same market, EUR/USD.

6.80 PF · 7,305 trades

ATR Band

Also a mean reversion strategy.

10.31 PF · 53 trades

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Past backtest results do not guarantee future results. This is not financial advice. Curated and maintained by ProRealAlgos. ProRealTime™ is a trademark of ProRealTime SAS. prorealalgos.comStatsDocs