Strategies / Trend / Pullback Candle MA Filter

Pullback Candle MA Filter

On a day when the close is above the 7-period SMA but the candle is red so far, it buys. When price is below the SMA and the candle is green, it sells short. It is always in the market after the first trade, with calendar filters that skip longs on Thursdays and in January and shorts on Tuesdays and in April.

TrendLong & shortSwingEUR/USDDaily

1.49Profit factor

328,432Net profit USD

41.71%Win rate

1,050Trades

-47,802Max drawdown

313Avg trade

Best run of 18. EUR/USD, Daily, spread 1, from run pf:2026-09-24-EURUSD-D.tsv:3.

Entry rules, long

Close is above the 7-period SMA
Members only
Not a Thursday and not in January

Entry rules, short

Close is below the 7-period SMA
Members only
Not a Tuesday and not in April

Exit rules

Members only
No stop loss, target or other exit

Test conditions

Period	Up to 2026-09-25
Instrument	EUR/USD, Daily
Spread	1 points
Contracts	1
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	2026-09-25

Parameters

positionSize Size per point	1
maPeriod Moving average the oscillator is measured against	7
noLongDay No new longs on this day of week (4 = Thursday)	4
noLongMonth No new longs in this month (1 = January)	1
noShortDay No new shorts on this day of week (2 = Tuesday)	2
noShortMonth No new shorts in this month (4 = April)	4

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
EUR/USDBest run	Daily	1.49	1,050	41.71	328,432 USD	-47,802
GBP/USD	Daily	1.27	1,108	40.16	29,657 USD	-5,040
USD/JPY	Daily	n/a	1,113	38.36	2,080,130 JPY	-628,300
USD/JPY	1 min	n/a	491	73.93	127,020 JPY	-61,820
EUR/USD	1 hour	n/a	4,826	56.22	62,713 USD	-62,052
EUR/USD	10 min	n/a	2,020	66.88	57,941 USD	-27,877
EUR/USD	5 min	n/a	1,327	70.46	55,064 USD	-50,974
EUR/USD	3 min	n/a	973	71.63	50,869 USD	-27,883
DAX 40	Daily	n/a	882	38.21	13,376 EUR	-7,351
Dow Jones	Daily	n/a	1,248	35.66	11,959 EUR	-9,263
US Crude Oil	Daily	n/a	962	40.02	11,817 EUR	-8,909
Nasdaq 100	3 min	n/a	1,062	73.92	10,572 EUR	-4,506
GBP/USD	4 hours	n/a	1,658	46.86	9,457 USD	-8,538
Nasdaq 100	1 min	n/a	574	81.71	6,677 EUR	-3,815
Nasdaq 100	2 min	n/a	841	76.93	5,768 EUR	-4,263
DAX 40	1 min	n/a	669	80.72	3,481 EUR	-3,332
Gold	Daily	n/a	1,194	38.19	2,397 EUR	-1,621
FTSE 100	1 min	n/a	635	74.96	1,251 EUR	-870

Charts

Results by run

Profit factor by run

Above 1.0 made money, below 1.0 lost money.

Net profit against max drawdown

Net profitMax drawdown

The code

ProBuilder, rewritten to house standard

Every file in the library uses the same header, the same section order and the same variable names. The numbers above were produced by the original version before the rewrite, and the rewrite has not yet been compiled in ProRealTime.

// ============================================================
// Pullback Candle MA Filter
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Trend
// Direction: Long & short
// Timeframe tested: Daily
// ============================================================

// --- Settings ---
DEFPARAM CumulateOrders = false

// --- Parameters ---
positionSize = 1          // size per point
maPeriod = 7              // moving average the oscillator is measured against
noLongDay = 4             // no new longs on this day of week (4 = Thursday)
noLongMonth = 1           // no new longs in this month (1 = January)
noShortDay = 2            // no new shorts on this day of week (2 = Tuesday)
noShortMonth = 4          // no new shorts in this month (4 = April)

// --- Indicators ---
priceMA = Average[maPeriod](close)
maOscillator = close - priceMA
redDay = (DClose(0) - DOpen(0)) < 0
greenDay = (DClose(0) - DOpen(0)) > 0

15 more lines: the entry and exit rules.

Read this first

Known weaknesses

There is no stop loss or target. Only the opposite signal closes a trade, so a trend against the position runs until the reversal.
The best run's max drawdown was USD 47,802 at 1 contract, on a strategy that is always exposed.
The weekday and month filters are specific choices that may be fitted to past data.
The calendar filters were chosen on EUR/USD. GBP/USD daily was weaker, with a profit factor of 1.27.

Indicators used

SMA

How to load it

Copy the code with the copy button above 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.

Questions

About this strategy

Can this run in ProOrder?

Yes, it is a simple stop-and-reverse system. The code was rewritten after testing and was not compile-checked, so backtest it first.

How did it do on other markets?

Every listed run was profitable. GBP/USD daily recorded a profit factor of 1.27 over 1,108 trades, and USD/JPY daily made JPY 2,080,130 in a sweep with a JPY 628,300 drawdown.

What capital does 1 contract need?

The EUR/USD daily best run had a max drawdown of USD 47,802 at position size 1. Your broker's contract value decides the actual exposure.

Why daily bars?

The rule looks at the colour of today's daily candle, so the daily chart is its natural home and gave the best recorded result.

Bollinger Squeeze

Uses the same indicator.

14.30 PF · 86 trades

Slow MACD Slope

Best run on the same market, EUR/USD.

6.80 PF · 7,305 trades

Trend Pullback Reversal

A similar profit factor.

1.47 PF · 849 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