Mean Reversion — Forex 30M
VERIFIED
Mean Reversionforex30M
RSI + Bollinger Band mean reversion for forex scalping. High trade frequency optimized for EURUSD on 30M charts.
4.2
10 reviews224 downloadsFREE
224
Equity Curve
BACKTEST+$1,680.00
Net P&L over 283 trades
Performance Metrics
Profit Factor
1.33
Profitable
Win Rate
62.7%
177 winning trades
Net P&L
+$1,680.00
Avg: $5.94/trade
Sharpe Ratio
1.42
Moderate
Max Drawdown
$520.00
Peak to trough
Total Trades
283
Avg $5.94 per trade
Test Period
Jan 1, 2024 — Feb 8, 2026
EURUSD • 30M
Strategy Description
Classic mean reversion using RSI oversold/overbought with Bollinger Bands for dynamic entry levels.
Entry Rules: - RSI below 30 + price at lower Bollinger Band = Long - RSI above 70 + price at upper Bollinger Band = Short - ATR-based stops outside the bands - TP at Bollinger midline (SMA)
Optimization: - RSI period and BB length jointly optimized - Best performers on ranging pairs (EURUSD, GBPUSD) - Loses edge during strong trends or central bank events
Testing Details
SymbolEURUSD
PeriodJan 1, 2024 — Feb 8, 2026
Timeframes30M
Sample Size283 trades
Marketsforex
Platform Support
TradingView
Pine Script v6
Tags
RSIbollingerforex-scalping
Pine Script Preview
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Live TradesLINKED
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A
Arbitrader
Strategy Creator
Verified Author
Published Feb 8, 2026
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