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Strategies / Breakout / Expansion Range Breakout Long

Expansion Range Breakout Long

The strategy buys when the close rises more than 0.6 times the prior bar's range above the open. Each long is closed at market on the bar after entry.

BreakoutLong onlySwingUSD/JPYDaily
1.16Profit factor
1,060Net profit USD
51.61%Win rate
248Trades
-1,028Max drawdown
4.27Avg trade

Best run of 1. USD/JPY, Daily, spread 1.4, from run pf:2026-10-10-USDJPY-D.tsv:22.

Entry rules, long

  2. No new long is opened while a long position is already open.

Exit rules

  1. A long position is closed at market once at least one bar has passed since the trade opened.

Test conditions

PeriodUp to 2026-10-10
InstrumentUSD/JPY, Daily
Spread1.4 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 tested2026-10-10

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
USD/JPYBest runDaily1.16 24851.611,060 USD-1,028

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Expansion Range Breakout Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Breakout
// Direction: Long only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false
ONCE capital = 10000

20 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 weaknesses4 points
  • A profit factor of 1.16 leaves little room for costs beyond the spread.
  • The maximum drawdown of 1,028 USD is large next to the net profit of 1,060 USD.
  • It was only tested on USD/JPY, so there is no evidence from other markets.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run Expansion Range Breakout 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 one combination, USD/JPY, Daily, with a profit factor of 1.16 over 248 trades.

How large was the drawdown?

The best run had a maximum drawdown of 1,028 USD at the tested position size, against a net result of 1,060 USD.

Does it trade long, short or both?

It only takes long trades.

Related

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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