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Strategies / Mean reversion / Long EMA Filtered RSI Dip

Long EMA Filtered RSI Dip

Buys when RSI(14) drops below 30 while the close is above its 900-period exponential moving average. Closes the long when RSI rises above 70 or the close falls below that average, holding one contract, long only.

Mean reversionLong onlySwingNasdaq 1004 hours
1.97Profit factor
10,551Net profit EUR
66.17%Win rate
133Trades
-2,459Max drawdown
79.33Avg trade

Best run of 20. Nasdaq 100, 4 hours, spread 3, from run pf:2026-10-04-NAS100-4h.tsv:12.

Entry rules, long

  1. The close is above the 900-period EMA on this bar

Exit rules

  2. The close is below the 900-period EMA on this bar

Test conditions

PeriodUp to 2026-10-04
InstrumentNasdaq 100, 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 tested2026-10-04

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
Nasdaq 100Best run4 hours1.97 13366.1710,551 EUR-2,459
S&P 5004 hours1.86 11462.282,434 EUR-570
USD/JPY2 minn/a 43451.3867,910 USD-35,750
USD/JPY3 minn/a 39751.3961,460 USD-50,470
Dow JonesDailyn/a 4665.2221,965 EUR-8,378
Nikkei 2254 hoursn/a 7751.9520,613 USD-7,894
Silver10 minn/a 42049.5217,798 USD-7,452
DAX 40Dailyn/a 4362.7911,702 EUR-3,039
Silver5 minn/a 40248.267,998 USD-7,347
DAX 404 hoursn/a 10556.193,597 EUR-3,154
Nasdaq 10015 minn/a 56952.023,206 EUR-2,667
FTSE 100Dailyn/a 3751.353,167 EUR-1,444
Nasdaq 10010 minn/a 51651.743,158 EUR-2,009
GBP/USD1 hourn/a 38444.531,963 USD-1,242
Dow Jones1 minn/a 36547.671,907 EUR-1,879
FTSE 1001 hourn/a 28750.871,596 EUR-1,160
S&P 50030 minn/a 56454.26984 EUR-404
Gold4 hoursn/a 9748.45922 EUR-641
FTSE 1005 minn/a 48447.93496 EUR-401
S&P 50015 minn/a 56152.76494 EUR-377

Charts

Results by run

Top 10 of 20 runs. The full list is in the table above.

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// Long EMA Filtered RSI Dip
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long only
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

myRsi = RSI[14](close)
ma = ExponentialAverage[900](close)

9 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

RSIEMA
Longer historyRe-run on up to 1,000,000 barsNasdaq 100 · 4 hours · older data 0.00 EUR

Nasdaq 100 had no history beyond the standard run, so both runs used 28,000 bars.

Nasdaq 100 · 4 hours

Bars available28,000
Net, standard 200,000-bar run10,551.30 EUR
Net, long run10,551.30 EUR
Net on the older data alone0.00 EUR
Read this firstKnown weaknesses2 points
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.
  • Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run Long EMA Filtered RSI Dip 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 20 market and timeframe combinations. The best run was Nasdaq 100, 4 hours, with a profit factor of 1.97 over 133 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,458 EUR at the tested position size, against a net result of 10,551 EUR.

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