Strategies / Mean reversion / Bollinger Fibonacci RSI Reversion

Bollinger Fibonacci RSI Reversion

The strategy buys when price closes inside a Fibonacci zone of the last 3-bar range, after either an oversold RSI reading below the lower Bollinger Band or a downtrend bounce. It exits only at a small profit once one bar has passed.

Mean reversionLong onlyIntradayNasdaq 10030 min

n/aProfit factor

7,255Net profit EUR

96.30%Win rate

378Trades

-2,510Max drawdown

19.19Avg trade

Best run of 67. Nasdaq 100, 30 min, spread 3, from run sweeps:2026-10-07-NAS100-30m-opt.tsv:7.

Entry rules, long

Price closes between the 0.382 and 0.618 levels of the 3-bar high-low range.
Or in a downtrend (close below the falling 21-period SMA), with the prior low below both neighbouring lows and EMA(9) rising.
A long position opens at market when one of these setups holds and no long position is open.

Exit rules

The trade also closes in profit when the close is above the upper Bollinger Band and RSI(14) is above 81.

Test conditions

Period	Up to 2026-10-07
Instrument	Nasdaq 100, 30 minutes
Spread	3 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	2026-10-10

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
Nasdaq 100Best run	30 min	n/a	378	96.30	7,255 EUR	-2,510
USD/JPY	30 min	n/a	191	99.48	347,510 USD	-219,250
USD/JPY	10 min	n/a	156	100.00	296,330 USD	-215,300
USD/JPY	15 min	n/a	173	99.42	283,420 USD	-133,570
USD/JPY	4 hours	n/a	79	98.73	272,380 USD	-108,820
USD/JPY	3 min	n/a	148	100.00	263,300 USD	-108,210
USD/JPY	Daily	n/a	29	100.00	192,350 USD	-130,100
USD/JPY	2 min	n/a	114	99.12	138,150 USD	-109,660
EUR/USD	15 min	n/a	82	98.78	29,270 USD	-23,822
Nikkei 225	5 min	n/a	311	100.00	24,322 USD	-9,348
Nikkei 225	3 min	n/a	236	99.58	19,076 USD	-8,395
Nikkei 225	10 min	n/a	246	100.00	18,894 USD	-6,246
Nikkei 225	15 min	n/a	245	100.00	17,441 USD	-8,630
Nikkei 225	2 min	n/a	224	100.00	17,086 USD	-8,404
Dow Jones	15 min	n/a	313	99.68	15,934 EUR	-6,576
Nikkei 225	30 min	n/a	257	98.83	14,504 USD	-8,616
Silver	1 hour	n/a	262	98.09	11,799 USD	-10,979
Silver	15 min	n/a	264	98.86	11,737 USD	-5,157
Dow Jones	3 min	n/a	209	99.52	10,341 EUR	-4,086
Dow Jones	30 min	n/a	165	99.39	10,227 EUR	-7,972
Dow Jones	10 min	n/a	208	99.52	10,146 EUR	-7,371
Nasdaq 100	15 min	n/a	375	100.00	9,500 EUR	-5,176
Nikkei 225	1 hour	n/a	176	99.43	9,430 USD	-8,530
DAX 40	15 min	n/a	333	99.70	8,923 EUR	-3,865
Nasdaq 100	5 min	n/a	270	99.63	8,806 EUR	-3,292
Dow Jones	5 min	n/a	182	99.45	8,080 EUR	-7,949
DAX 40	10 min	n/a	254	99.61	7,320 EUR	-3,430
DAX 40	30 min	n/a	312	99.04	6,859 EUR	-4,069
Nasdaq 100	3 min	n/a	200	99.50	6,589 EUR	-4,002
Dow Jones	2 min	n/a	158	99.37	6,544 EUR	-4,700
Nasdaq 100	10 min	n/a	213	100.00	6,475 EUR	-5,777
DAX 40	3 min	n/a	218	99.54	6,240 EUR	-3,060
DAX 40	1 hour	n/a	229	100.00	6,214 EUR	-2,870
Nikkei 225	4 hours	n/a	50	100.00	5,671 USD	-5,066
Brent Crude	10 min	n/a	310	99.68	5,608 EUR	-2,751
Brent Crude	15 min	n/a	252	100.00	5,095 EUR	-4,185
DAX 40	5 min	n/a	210	99.52	5,085 EUR	-3,736
US Crude Oil	10 min	n/a	327	99.69	4,979 EUR	-2,684
Nasdaq 100	1 min	n/a	155	99.35	4,887 EUR	-2,866
Dow Jones	1 hour	n/a	80	98.75	4,884 EUR	-4,421
Dow Jones	1 min	n/a	133	98.50	4,803 EUR	-3,963
FTSE 100	30 min	n/a	346	98.27	4,082 EUR	-1,580
US Crude Oil	5 min	n/a	325	99.69	4,022 EUR	-1,625
Brent Crude	1 hour	n/a	117	100.00	4,006 EUR	-3,247
GBP/USD	4 hours	n/a	105	100.00	3,992 USD	-2,203
FTSE 100	15 min	n/a	312	100.00	3,656 EUR	-1,043
FTSE 100	10 min	n/a	259	100.00	3,021 EUR	-806
Nasdaq 100	4 hours	n/a	66	98.48	2,777 EUR	-1,929
S&P 500	15 min	No losses	358	100.00	2,607 EUR	-506
US Crude Oil	4 hours	n/a	51	96.08	2,512 EUR	-1,831
FTSE 100	1 hour	n/a	206	98.54	2,481 EUR	-2,319
S&P 500	10 min	n/a	273	100.00	2,251 EUR	-1,314
Brent Crude	4 hours	n/a	46	100.00	2,238 EUR	-2,022
FTSE 100	5 min	n/a	248	99.60	2,235 EUR	-1,091
S&P 500	5 min	n/a	238	99.58	1,854 EUR	-1,141
FTSE 100	4 hours	n/a	74	100.00	1,762 EUR	-1,084
US Crude Oil	Daily	n/a	29	96.55	1,752 EUR	-1,491
S&P 500	1 hour	n/a	243	100.00	1,721 EUR	-564
S&P 500	30 min	n/a	332	97.59	1,636 EUR	-1,058
FTSE 100	3 min	n/a	177	99.44	1,477 EUR	-1,089
Gold	30 min	n/a	232	96.12	1,236 EUR	-695
S&P 500	2 min	n/a	129	99.22	1,048 EUR	-695
S&P 500	1 min	n/a	102	100.00	895 EUR	-393
Dow Jones	Daily	n/a	17	88.24	894 EUR	-719
Gold	1 hour	n/a	252	99.60	870 EUR	-240
S&P 500	4 hours	n/a	62	100.00	620 EUR	-223
S&P 500	Daily	n/a	16	62.50	125 EUR	-57.86

Charts

Results by run

Top 10 of 67 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Bollinger Fibonacci RSI Reversion
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long only
// Timeframe tested: 30 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

basis = Average[20](close)
bbdev = 2 * STD[20](close)
bbupper = basis + bbdev
bblower = basis - bbdev
myRsi = RSI[14](close)
ema = ExponentialAverage[9](close)
sma = Average[21](close)

32 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 BandsEMARSISMA

Longer historyRe-run on up to 1,000,000 barsS&P 500 · 15 min · older data -228.39 EUR

On the long run with 457,000 bars the net result was 2,379 EUR, against 2,607 EUR on the standard 200,000-bar run. The older data alone gave -228 EUR.

S&P 500 · 15 min

Bars available	457,000
Net, standard 200,000-bar run	2,607.40 EUR
Net, long run	2,379.01 EUR
Net on the older data alone	-228.39 EUR

Read this firstKnown weaknesses3 points

No profit factor is available, because only sweep results exist for this strategy.
The code sets no stop loss, so a losing trade stays open until an exit signal arrives.
On the older part of the 1,000,000-bar history it lost -228 EUR.

Questions

About this strategy

Can I run Bollinger Fibonacci RSI Reversion 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 67 market and timeframe combinations. The best run by trade count was Nasdaq 100, 30 minutes, with 378 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,510 EUR at the tested position size, against a net result of 7,254 EUR.

Does it trade long, short or both?

It only takes long trades.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

Volatility Spike Regression Long

Best run on the same market, Nasdaq 100.

1.22 PF · 1,850 trades

ATR Band

Also a mean reversion strategy.

10.31 PF · 53 trades

See how ProRealAlgos combines strategies like this into one automated portfolio.

Copy trading on US indices is available to ProRealAlgos members as spots open.

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