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Strategies / Pattern / Large Candle Body Follow Trade

Large Candle Body Follow Trade

The system follows large candles, buying after a green bar whose body exceeds 0.0191 of the close and shorting after a similar red bar. Longs close when the 144-period EMA crosses below the 169-period EMA, and shorts close when it crosses above.

PatternLong & shortSwingUS Crude Oil4 hours
n/aProfit factor
11,048Net profit EUR
42.24%Win rate
580Trades
-6,605Max drawdown
19.05Avg trade

Best run of 11. US Crude Oil, 4 hours, spread 3, from run sweeps:2026-10-11-CRUDE-4h-opt.tsv:20.

Entry rules, long

  2. A repeat big green bar does not add to an open long.

Entry rules, short

  2. A repeat big red bar does not add to an open short.

Exit rules

  2. A long closes when the 144-period EMA crosses below the 169-period EMA, unless a big candle is on that bar.

Test conditions

PeriodUp to 2026-10-11
InstrumentUS Crude Oil, 4 hours
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 tested2026-10-11

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
US Crude OilBest run4 hoursn/a 58042.2411,048 EUR-6,605
EUR/USD3 minn/a 8243.90342,968 USD-273,971
EUR/USD4 hoursn/a 1154.5528,157 USD-26,899
Silver3 minn/a 3237.5026,097 USD-10,162
Silver15 minn/a 10943.1225,100 USD-14,720
Brent Crude30 minn/a 21144.5510,566 EUR-5,061
DAX 4015 minn/a 1266.674,554 EUR-2,327
DAX 4030 minn/a 4045.004,174 EUR-3,004
Nasdaq 1003 minn/a 580.003,152 EUR-1,156
Dow Jones3 minn/a 3100.002,671 EUR-2,364
FTSE 10015 minn/a 683.331,489 EUR-717

Charts

Results by run

Top 10 of 11 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Large Candle Body Follow Trade
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Pattern
// Direction: Long & short
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

emaa = ExponentialAverage[144](close)
emab = ExponentialAverage[169](close)
body = abs(close - open) / close

17 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 weaknesses3 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The maximum drawdown of 6,605 EUR is large next to the net profit of 11,048 EUR.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run Large Candle Body Follow Trade 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 11 market and timeframe combinations. The best run by trade count was US Crude Oil, 4 hours, with 580 trades.

How large was the drawdown?

The best run had a maximum drawdown of 6,605 EUR at the tested position size, against a net result of 11,048 EUR.

Does it trade long, short or both?

It trades both long and short.

Related

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Short Term RSI Pullback Long Short

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Breakout Reversal

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See how ProRealAlgos combines strategies like this into one automated portfolio.

The ProRealAlgos community gets the full rules, the complete code and the automated portfolio.

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