Strategies / Momentum / Momentum RMI Reversal Long

Momentum RMI Reversal Long

Buys when Chande momentum crosses above 25 while several RMI readings are low, and closes at 2.002 times the entry price. A bearish CMO setup while long reverses into a short once price exceeds 1.001 times entry.

MomentumLong & shortSwingSilver1 hour

16.53Profit factor

579,233Net profit USD

78.18%Win rate

110Trades

-35,884Max drawdown

5,266Avg trade

Best run of 50. Silver, 1 hour, spread 2, from run pf:2026-10-12-SILVER-1h.tsv:10.

Entry rules, long

RMI(8, momentum 3) is below 37, RMI(12, momentum 3) is below 37, and RMI(30, momentum 53) is below 24.
RMI(520, momentum 137) is strictly between 0 and 100.

Entry rules, short

RMI(8, momentum 3) is above 57, RMI(12, momentum 3) is above 72, and RMI(30, momentum 53) is above 46.
RMI(520, momentum 137) is strictly between 0 and 100.

Exit rules

A bearish setup while long reverses into a short once the high or close is above 1.001 times entry.

Test conditions

Period	Up to 2026-10-12
Instrument	Silver, 1 hour
Spread	2 points
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	2026-10-12

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
SilverBest run	1 hour	16.53	110	78.18	579,233 USD	-35,884
FTSE 100	4 hours	4.19	111	82.88	14,880 EUR	-2,476
DAX 40	4 hours	2.90	113	76.99	25,889 EUR	-4,590
S&P 500	1 hour	2.10	346	74.86	6,048 EUR	-1,423
USD/JPY	1 hour	n/a	114	80.70	488,460 USD	-456,680
USD/JPY	15 min	n/a	237	77.64	443,060 USD	-202,390
USD/JPY	30 min	n/a	203	77.83	422,940 USD	-270,700
USD/JPY	10 min	n/a	231	79.22	281,380 USD	-225,200
USD/JPY	3 min	n/a	127	80.31	114,170 USD	-112,700
Nikkei 225	30 min	n/a	359	77.72	53,214 USD	-10,951
EUR/USD	10 min	n/a	13	84.62	43,845 USD	-27,877
Dow Jones	15 min	n/a	311	82.32	35,960 EUR	-11,147
Nikkei 225	15 min	n/a	241	78.84	28,012 USD	-12,798
Dow Jones	10 min	n/a	301	81.06	26,146 EUR	-7,280
Dow Jones	30 min	n/a	171	76.02	24,971 EUR	-11,222
Dow Jones	1 hour	n/a	121	75.21	24,742 EUR	-8,171
US Crude Oil	Daily	n/a	41	82.93	23,310 EUR	-11,367
Nasdaq 100	15 min	n/a	395	75.95	18,639 EUR	-6,381
DAX 40	30 min	n/a	389	80.21	18,536 EUR	-5,873
Brent Crude	Daily	n/a	14	92.86	18,241 EUR	-8,122
Nasdaq 100	1 hour	n/a	356	75.28	17,480 EUR	-6,290
Brent Crude	15 min	n/a	142	79.58	16,981 EUR	-7,029
Nikkei 225	10 min	n/a	215	74.42	15,356 USD	-12,775
Nasdaq 100	30 min	n/a	511	75.54	14,980 EUR	-8,194
DAX 40	15 min	n/a	333	77.18	13,062 EUR	-5,888
Dow Jones	5 min	n/a	279	78.14	12,934 EUR	-8,243
US Crude Oil	15 min	n/a	113	73.45	12,758 EUR	-6,436
DAX 40	1 hour	n/a	201	76.12	12,483 EUR	-5,709
Dow Jones	3 min	n/a	229	82.97	12,444 EUR	-7,876
Nasdaq 100	10 min	n/a	289	75.43	11,599 EUR	-6,036
Dow Jones	2 min	n/a	227	80.18	11,585 EUR	-4,863
DAX 40	10 min	n/a	303	80.86	10,151 EUR	-6,654
US Crude Oil	10 min	n/a	135	78.52	9,127 EUR	-5,287
Nasdaq 100	5 min	n/a	291	78.69	7,206 EUR	-5,615
FTSE 100	Daily	n/a	38	71.05	6,896 EUR	-3,647
FTSE 100	1 hour	n/a	209	81.34	6,023 EUR	-3,903
Nasdaq 100	3 min	n/a	211	78.67	5,727 EUR	-5,569
FTSE 100	10 min	n/a	311	80.39	5,214 EUR	-1,443
FTSE 100	30 min	n/a	271	77.12	4,953 EUR	-3,045
S&P 500	30 min	n/a	505	77.03	4,078 EUR	-1,248
S&P 500	15 min	n/a	399	78.45	4,044 EUR	-1,353
Nasdaq 100	2 min	n/a	189	75.13	4,041 EUR	-4,004
FTSE 100	15 min	n/a	199	79.90	3,885 EUR	-2,673
S&P 500	10 min	n/a	342	79.53	3,422 EUR	-1,402
S&P 500	4 hours	n/a	116	75.00	3,197 EUR	-1,233
FTSE 100	5 min	n/a	283	77.03	2,473 EUR	-1,306
S&P 500	2 min	n/a	259	79.54	1,809 EUR	-633
FTSE 100	2 min	n/a	199	81.91	1,402 EUR	-1,211
S&P 500	5 min	n/a	313	75.40	1,309 EUR	-1,273
FTSE 100	1 min	n/a	105	83.81	1,132 EUR	-592

Charts

Results by run

Top 10 of 50 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

// ==============================================================
// Momentum RMI Reversal Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long & short
// Timeframe tested: 1 hour
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE cmo = 50

mom = close - close[1]
mup = max(mom, 0)
mdn = max(-mom, 0)
smup = summation[9](mup)
smdn = summation[9](mdn)

59 more lines: the entry and exit rules.

Setup

How to load it

Copy the code with the copy button on 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.

Indicators used

Wilder Average

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 Momentum RMI Reversal 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 50 market and timeframe combinations. The best run was Silver, 1 hour, with a profit factor of 16.53 over 110 trades.

How large was the drawdown?

The best run had a maximum drawdown of 35,884 USD at the tested position size, against a net result of 579,233 USD.

Does it trade long, short or both?

It trades both long and short.

DMI Trend Breakout Long

Uses the same indicator.

1.33 PF · 1,998 trades

SMA Crossover With RSI Exit

Best run on the same market, Silver.

2.13 PF · 8,999 trades

DPO SMA Crossover With MACD Filter

Also a momentum strategy.

16.29 PF · 475 trades

Get the full rules, the complete code and the ProRealAlgos portfolio as a member.

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.com Stats Docs