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Strategies / Pattern / EMA Reclaim Candle Long

EMA Reclaim Candle Long

Buys when a green candle opens or trades below the 20-period EMA and closes above it while flat. The stop sits at the signal candle low, and the target is set at the same distance above entry.

PatternLong onlySwingDow Jones1 hour
n/aProfit factor
9,020Net profit EUR
49.80%Win rate
2,544Trades
-7,668Max drawdown
3.55Avg trade

Best run of 5. Dow Jones, 1 hour, spread 3, from run sweeps:2026-10-07-DOW30-1h-opt.tsv:20.

Entry rules, long

  1. The candle is green (close above open).
  2. The open is below the 20-period EMA, or the low is below it.

Exit rules

  2. The target sits at the same distance above entry as the stop sits below it.
  3. No other exit is used.

Test conditions

PeriodUp to 2026-10-07
InstrumentDow Jones, 1 hour
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
Dow JonesBest run1 hourn/a 2,54449.809,020 EUR-7,668
Dow JonesDailyn/a 1,14747.6016,544 EUR-4,807
Nasdaq 100Dailyn/a 80942.157,074 EUR-3,851
DAX 40Dailyn/a 66549.325,466 EUR-3,842
S&P 500Dailyn/a 1,07741.041,726 EUR-921

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// EMA Reclaim Candle Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Pattern
// Direction: Long only
// Timeframe tested: 1 hour
// ==============================================================

DEFPARAM CumulateOrders = false

ema = ExponentialAverage[20](close)

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.

Indicators used

EMA
Read this firstKnown weaknesses2 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The maximum drawdown of 7,668 EUR is large next to the net profit of 9,020 EUR.

Questions

About this strategy

Can I run EMA Reclaim Candle 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 5 market and timeframe combinations. The best run by trade count was Dow Jones, 1 hour, with 2,544 trades.

How large was the drawdown?

The best run had a maximum drawdown of 7,668 EUR at the tested position size, against a net result of 9,020 EUR.

Does it trade long, short or both?

It only takes long 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