Strategies / Mean reversion / Buying Pressure Oscillator Long

Buying Pressure Oscillator Long

Buys when a weighted buying pressure oscillator over 7, 14 and 28 bars first drops below 30. Closes the long when it first rises above 70.

Mean reversionLong onlySwingS&P 5004 hours

3.03Profit factor

4,124Net profit EUR

78.74%Win rate

127Trades

-821Max drawdown

32.48Avg trade

Best run of 39. S&P 500, 4 hours, spread 1, from run pf:2026-10-05-USA500-4h.tsv:3.

Entry rules, long

The oscillator is a weighted blend of averages of buying pressure against true range over 7, 14 and 28 bars, with weights 4, 2 and 1.
Enter long at market when flat.

Exit rules

The oscillator is above 70, on the first bar of that zone, and the long closes at market.

Test conditions

Period	Up to 2026-10-05
Instrument	S&P 500, 4 hours
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	2026-10-05

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
S&P 500Best run	4 hours	3.03	127	78.74	4,124 EUR	-821
Silver	1 hour	n/a	256	57.81	574,464 USD	-570,990
USD/JPY	1 hour	n/a	309	64.72	417,250 USD	-194,450
USD/JPY	4 hours	n/a	86	68.60	327,830 USD	-202,500
USD/JPY	30 min	n/a	442	63.80	243,290 USD	-171,300
USD/JPY	3 min	n/a	812	64.90	233,630 USD	-76,550
Nikkei 225	4 hours	n/a	83	68.67	29,185 USD	-8,226
EUR/USD	10 min	n/a	697	60.26	28,295 USD	-25,629
Nikkei 225	1 hour	n/a	343	63.56	24,485 USD	-11,572
Nikkei 225	30 min	n/a	753	61.89	23,033 USD	-9,561
Silver	30 min	n/a	442	61.31	20,015 USD	-12,520
Nikkei 225	Daily	n/a	49	69.39	15,766 USD	-14,119
Dow Jones	10 min	n/a	747	59.57	15,069 EUR	-6,307
Nasdaq 100	1 hour	n/a	513	67.06	14,084 EUR	-4,302
Nasdaq 100	4 hours	n/a	137	78.10	13,438 EUR	-3,444
Nasdaq 100	30 min	n/a	672	61.76	11,776 EUR	-3,380
DAX 40	1 hour	n/a	367	63.22	11,577 EUR	-4,306
DAX 40	Daily	n/a	125	66.40	11,005 EUR	-3,924
Dow Jones	Daily	n/a	32	68.75	10,599 EUR	-8,651
Brent Crude	1 hour	n/a	231	65.37	10,555 EUR	-3,806
Dow Jones	1 hour	n/a	153	66.01	10,546 EUR	-5,582
DAX 40	4 hours	n/a	111	68.47	8,523 EUR	-5,290
Silver	Daily	n/a	45	53.33	7,521 USD	-5,912
FTSE 100	Daily	n/a	36	83.33	6,715 EUR	-2,122
Nasdaq 100	Daily	n/a	39	79.49	6,611 EUR	-3,076
Dow Jones	2 min	n/a	743	62.18	6,264 EUR	-3,757
Brent Crude	30 min	n/a	471	60.93	5,134 EUR	-4,705
DAX 40	30 min	n/a	704	59.94	5,028 EUR	-4,626
FTSE 100	4 hours	n/a	118	69.49	4,673 EUR	-2,664
FTSE 100	1 hour	n/a	423	64.78	4,522 EUR	-1,910
FTSE 100	30 min	n/a	803	61.52	4,240 EUR	-1,966
FTSE 100	10 min	n/a	930	63.12	3,864 EUR	-1,020
S&P 500	1 hour	n/a	461	68.11	3,636 EUR	-1,070
Nasdaq 100	1 min	n/a	673	58.10	3,387 EUR	-2,852
S&P 500	Daily	n/a	41	80.49	2,581 EUR	-1,009
S&P 500	30 min	n/a	673	61.22	1,951 EUR	-1,027
S&P 500	10 min	n/a	763	61.47	1,768 EUR	-1,269
Gold	Daily	n/a	34	73.53	1,325 EUR	-552
Gold	4 hours	n/a	76	72.37	1,214 EUR	-647

Charts

Results by run

Top 10 of 39 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Buying Pressure Oscillator Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long only
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE trend = 0
ONCE adv = 0

bp = close - MIN(low, close[1])
myTr = MAX(high, close[1]) - MIN(low, close[1])
tra = Average[7](myTr)
trb = Average[14](myTr)
bpa = Average[7](bp)
bpb = Average[14](bp)
bpc = Average[28](bp)

34 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

True RangeSMA

Longer historyRe-run on up to 1,000,000 barsS&P 500 · 4 hours · older data 0.00 EUR

S&P 500 had no history beyond the standard run, so both runs used 28,000 bars.

S&P 500 · 4 hours

Bars available	28,000
Net, standard 200,000-bar run	4,124.46 EUR
Net, long run	4,124.46 EUR
Net on the older data alone	0.00 EUR

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 Buying Pressure Oscillator Long 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 39 market and timeframe combinations. The best run was S&P 500, 4 hours, with a profit factor of 3.03 over 127 trades.

How large was the drawdown?

The best run had a maximum drawdown of 821 EUR at the tested position size, against a net result of 4,124 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

CCI Sign With EMA Alignment

Best run on the same market, S&P 500.

1.23 PF · 1,253 trades

RSI And CCI Oversold Reversal

Also a mean reversion strategy.

3.01 PF · 120 trades

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