Strategies / Breakout / Bollinger Breakout Filtered By RSI

Bollinger Breakout Filtered By RSI

The strategy buys when close crosses above the upper Bollinger Band with RSI between 60 and 70, and sells short below the lower band with RSI between 35 and 40. Each trade exits when close crosses the 20-bar SMA against it.

BreakoutLong & shortSwingEUR/USDDaily

1.43Profit factor

101,986Net profit USD

42.38%Win rate

302Trades

-25,369Max drawdown

338Avg trade

Best run of 10. EUR/USD, Daily, spread 1, from run pf:2026-10-12-EURUSD-D.tsv:2.

Entry rules, long

RSI(14) is at least 60 and at most 70.

Entry rules, short

RSI(14) is at least 35 and at most 40.

Exit rules

A short is bought to cover when close crosses over the 20-bar SMA, unless a long signal is also present.

Test conditions

Period	Up to 2026-10-12
Instrument	EUR/USD, Daily
Spread	1 points
Starting capital	1,000,000
Costs	Spread only. Commissions and overnight financing are not included.
Bars	Up to 200,000 bars, fewer where the instrument has less history
Last tested	2026-10-12

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
EUR/USDBest run	Daily	1.43	302	42.38	101,986 USD	-25,369
USD/JPY	1 hour	1.12	3,022	37.00	607,780 USD	-146,280
Silver	4 hours	n/a	677	35.01	24,075 USD	-11,378
Nikkei 225	4 hours	n/a	551	39.20	17,159 USD	-8,237
Dow Jones	1 hour	n/a	947	37.28	11,148 EUR	-7,421
DAX 40	1 hour	n/a	2,556	36.03	6,457 EUR	-4,429
DAX 40	4 hours	n/a	675	37.19	6,137 EUR	-3,703
Gold	1 hour	n/a	2,632	37.04	1,818 EUR	-520
Gold	4 hours	n/a	693	38.82	1,636 EUR	-811
Gold	30 min	n/a	4,591	33.96	1,235 EUR	-1,128

Charts

Results by run

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// Bollinger Breakout Filtered By RSI
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Breakout
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

basis = Average[20](close)
dev = 2 * STD[20](close)
upper = basis + dev
lower = basis - dev
myRsi = RSI[14](close)

19 more lines: the entry and exit rules.

Setup

How to load it

Copy the code with the copy button on the code block.
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".
Paste the code, give the system a name and save it.
Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

Bollinger BandsSMAStandard DeviationRSI

Read this firstKnown weaknesses2 points

The code sets no stop loss, so a losing trade stays open until an exit signal arrives.
Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run Bollinger Breakout Filtered By RSI 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 10 market and timeframe combinations. The best run was EUR/USD, Daily, with a profit factor of 1.43 over 302 trades.

How large was the drawdown?

The best run had a maximum drawdown of 25,369 USD at the tested position size, against a net result of 101,986 USD.

Does it trade long, short or both?

It trades both long and short.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

Slow MACD Slope

Best run on the same market, EUR/USD.

6.80 PF · 7,305 trades

Reversal Pattern With Average Range Breakout

Also a breakout strategy.

1.43 PF · 462 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.com Stats Docs