Strategies / Breakout / Bollinger Breakout With RSI Direction

Bollinger Breakout With RSI Direction

The strategy buys when close moves above the upper Bollinger Band with RSI above 50, and sells short below the lower band with RSI below 50. Each trade carries a 2% stop loss and a 4% profit target.

BreakoutLong & shortSwingUSD/JPYDaily

1.23Profit factor

1,785,240Net profit USD

36.65%Win rate

513Trades

-440,730Max drawdown

3,480Avg trade

Best run of 9. USD/JPY, Daily, spread 1, from run pf:2026-10-12-USDJPY-D.tsv:35.

Entry rules, long

RSI(14) is above 50.

Entry rules, short

RSI(14) is below 50.

Exit rules

A 4% profit target is set from the fill price on each trade.

Test conditions

Period	Up to 2026-10-12
Instrument	USD/JPY, 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
USD/JPYBest run	Daily	1.23	513	36.65	1,785,240 USD	-440,730
USD/JPY	30 min	n/a	4,652	36.65	423,980 USD	-254,800
EUR/USD	Daily	n/a	464	37.07	54,415 USD	-44,101
Silver	4 hours	n/a	1,347	34.74	26,550 USD	-9,704
Nikkei 225	4 hours	n/a	793	36.70	14,772 USD	-11,159
GBP/USD	Daily	n/a	496	35.28	14,022 USD	-7,139
Gold	30 min	n/a	4,849	35.68	2,263 EUR	-1,586
Gold	4 hours	n/a	972	37.14	2,217 EUR	-715
Gold	Daily	n/a	720	34.58	1,822 EUR	-507

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Bollinger Breakout With RSI Direction
// 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)

13 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

Results include the spread only. Commissions and overnight financing are not included.
The code is published as it was backtested and has not been compiled again since.

Questions

About this strategy

Can I run Bollinger Breakout With RSI Direction 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 9 market and timeframe combinations. The best run was USD/JPY, Daily, with a profit factor of 1.23 over 513 trades.

How large was the drawdown?

The best run had a maximum drawdown of 440,730 USD at the tested position size, against a net result of 1,785,240 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

EMA 8 21 RSI Filtered Bracket

Best run on the same market, USD/JPY.

1.09 PF · 6,194 trades

Pivot Level Breakout With Fixed Bracket

Also a breakout strategy.

1.23 PF · 1,710 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