Strategies / Momentum / EMA and RSI Momentum Scalp

EMA and RSI Momentum Scalp

The strategy buys when the high is above EMA(50) and EMA(14) while RSI(10) is rising, and sells short when the low is below both while RSI(10) is falling. Positions close when RSI(10) turns against them.

MomentumLong & shortSwingUSD/JPYDaily

n/aProfit factor

1,567,630Net profit USD

35.57%Win rate

4,051Trades

-631,750Max drawdown

387Avg trade

Best run of 3. USD/JPY, Daily, spread 1, from run sweeps:2026-10-11-USDJPY-D-opt.tsv:103.

Entry rules, long

ATR(14) divided by close is above 0.001, and the strategy buys one contract when flat.

Entry rules, short

ATR(14) divided by close is above 0.001, and the strategy sells short one contract when flat.

Exit rules

The short closes at market on the first bar RSI(10) rises.
An opposite entry signal reverses the position.

Test conditions

Period	Up to 2026-10-11
Instrument	USD/JPY, Daily
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	2026-10-11

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
USD/JPYBest run	Daily	n/a	4,051	35.57	1,567,630 USD	-631,750
EUR/USD	2 min	n/a	214	42.99	565,574 USD	-203,801
EUR/USD	5 min	n/a	600	33.83	307,736 USD	-257,118

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// EMA and RSI Momentum Scalp
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

maslow = ExponentialAverage[50](close)
mafast = ExponentialAverage[14](close)
sig = RSI[10](close)
chg = sig - sig[1]
volat = AverageTrueRange[14](close) / close

17 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

EMARSIATR

Read this firstKnown weaknesses2 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.

Questions

About this strategy

Can I run EMA and RSI Momentum Scalp 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 3 market and timeframe combinations. The best run by trade count was USD/JPY, Daily, with 4,051 trades.

How large was the drawdown?

The best run had a maximum drawdown of 631,750 USD at the tested position size, against a net result of 1,567,630 USD.

Does it trade long, short or both?

It trades both long and short.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

EMA 8 21 RSI Filtered Bracket

Best run on the same market, USD/JPY.

1.09 PF · 6,194 trades

ATR Momentum

Also a momentum strategy.

n/a PF · 15,021 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.com Stats Docs