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Strategies / Pattern / Candle Body Midpoint Reversal

Candle Body Midpoint Reversal

Buys one contract when a bullish bar closes above the midpoint of the previous bearish bar's body. The trade carries a stop loss and a profit target, each the signal bar's close minus its low away from entry.

PatternLong onlySwingNasdaq 100Daily
n/aProfit factor
11,281Net profit EUR
40.92%Win rate
1,481Trades
-3,897Max drawdown
7.62Avg trade

Best run of 1. Nasdaq 100, Daily, spread 3, from run sweeps:2026-10-07-NAS100-D-opt.tsv:3.

Entry rules, long

  1. The previous bar is bearish, closing below its open.
  3. Only when no position is open and the bar index is above 2.

Exit rules

  2. A profit target sits the same distance above the entry price.
  3. No other exit is set.

Test conditions

PeriodUp to 2026-10-07
InstrumentNasdaq 100, Daily
Spread3 points
Starting capital1,000,000
CostsSpread only. Commissions and overnight financing are not included.
BarsUp to 200,000 bars, fewer where the instrument has less history
Last tested2026-10-07

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
Nasdaq 100Best runDailyn/a 1,48140.9211,281 EUR-3,897

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Candle Body Midpoint Reversal
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Pattern
// Direction: Long only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

14 more lines: the entry and exit rules.

Setup

How to load it

  1. Copy the code with the copy button on the code block.
  2. 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".
  3. Paste the code, give the system a name and save it.
  4. Click "Backtest", set your own spread and position size, and run it before you consider trading it live.
Read this firstKnown weaknesses2 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • It was only tested on Nasdaq 100, so there is no evidence from other markets.

Questions

About this strategy

Can I run Candle Body Midpoint Reversal 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 one combination, Nasdaq 100, Daily, with 1,481 trades.

How large was the drawdown?

The best run had a maximum drawdown of 3,897 EUR at the tested position size, against a net result of 11,281 EUR.

Does it trade long, short or both?

It only takes long trades.

Related

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n/a PF · 459 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.comStatsDocs