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Strategies / Pattern / Lower Low Dip Buyer

Lower Low Dip Buyer

Buys when the low undercuts the prior two bars' lows while the close is above the 20-bar average. Sells when the close rises above the highs of the prior two bars.

PatternLong onlySwingBrent CrudeDaily
1.58Profit factor
16,625Net profit EUR
66.96%Win rate
345Trades
-2,314Max drawdown
48.19Avg trade

Best run of 9. Brent Crude, Daily, spread 3, from run pf:2026-10-04-BRENT-D.tsv:1.

Entry rules, long

  2. The close is above the 20-bar simple moving average.

Exit rules

  2. No stop loss or target is set, so this condition is the only exit.

Test conditions

PeriodUp to 2026-10-04
InstrumentBrent Crude, Daily
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 tested2026-10-05

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
Brent CrudeBest runDaily1.58 34566.9616,625 EUR-2,314
Nikkei 225Daily1.54 74569.8052,727 USD-9,941
US Crude OilDaily1.43 69969.3818,259 EUR-3,704
Dow JonesDailyn/a 95569.4222,766 EUR-8,421
Nasdaq 100Dailyn/a 80064.7514,145 EUR-4,077
Dow Jones30 minn/a 4,85267.6013,915 EUR-4,886
FTSE 100Dailyn/a 76768.193,944 EUR-2,078
S&P 500Dailyn/a 1,05664.962,623 EUR-1,357
GoldDailyn/a 81464.861,974 EUR-651

Charts

Results by run

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// Lower Low Dip Buyer
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Pattern
// Direction: Long only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

sma = Average[20](close)

11 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

SMA
Longer historyRe-run on up to 1,000,000 barsBrent Crude · Daily · older data 0.00 EUR

Brent Crude had no history beyond the standard run, so both runs used 5,000 bars.

Brent Crude · Daily

Bars available5,000
Net, standard 200,000-bar run16,625.10 EUR
Net, long run16,625.10 EUR
Net on the older data alone0.00 EUR
Read this firstKnown weaknesses2 points
  • Results include the spread only. Commissions and overnight financing are not included.
  • The code is published as it was backtested and has not been compiled again since.

Questions

About this strategy

Can I run Lower Low Dip Buyer 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 9 market and timeframe combinations. The best run was Brent Crude, Daily, with a profit factor of 1.58 over 345 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,314 EUR at the tested position size, against a net result of 16,625 EUR.

Does it trade long, short or both?

It only takes long trades.

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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