JPMorgan RSI Oversold Bounce
Mean reversionBuys a short-term RSI(7) washout and sells the bounce back to neutral.
What this strategy does
JPMorgan RSI Oversold Bounce is a mean reversion strategy that trades JPM on 1-hour bars. Buys a short-term RSI(7) washout and sells the bounce back to neutral.
How it performed
Backtested on real JPM market data from 2023-07-01 to 2026-06-30 (3.0 years), this run returned +33.5%, or +10.1% annualized. It closed 81 trades with a 74% win rate. Risk-adjusted, that is a Sharpe ratio of 0.90, a Sortino ratio of 1.30 and a maximum drawdown of 13.1%.
| Symbol | JPM |
|---|---|
| Bar size | 1-hour |
| Strategy type | Mean reversion |
| Backtest period | 2023-07-01 → 2026-06-30 |
| Total return | +33.5% |
| Annualized return | +10.1% |
| Sharpe ratio | 0.90 |
| Sortino ratio | 1.30 |
| Max drawdown | 13.1% |
| Win rate | 74% |
| Closed trades | 81 |
Evidence
Full backtest
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Strategy rules & configuration
Past performance does not guarantee future results. Hypothetical.