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Strategies / Momentum / Money Flow RSI Oscillator Cross

Money Flow RSI Oscillator Cross

Buys 1 contract when the Money Flow Index is below 30, the 16 period RSI is below 45, and the Awesome Oscillator crosses above zero. Sells the long on the mirrored conditions.

MomentumLong onlyIntradayNikkei 2255 min
n/aProfit factor
1,804Net profit USD
57.89%Win rate
19Trades
-1,715Max drawdown
94.97Avg trade

Best run of 27. Nikkei 225, 5 min, spread 10, from run sweeps:2026-10-04-NIKKEI-5m-opt.tsv:25.

Entry rules, long

  1. The Money Flow Index (14 periods) is below 30.
  2. The 16 period RSI is below 45.

Exit rules

  1. The Money Flow Index (14 periods) is above 30.
  2. The 16 period RSI is above 45.

Test conditions

PeriodUp to 2026-10-04
InstrumentNikkei 225, 5 minutes
Spread10 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
Nikkei 225Best run5 minn/a 1957.891,804 USD-1,715
Nikkei 22530 minn/a 6100.003,586 USD-552
USD/JPY2 minn/a 366.671,680 USD-870
USD/JPY4 hoursn/a 1100.00970 USD-60.00
Dow Jones1 hourn/a 366.67872 EUR-788
FTSE 10015 minn/a 1361.54635 EUR-201
DAX 4030 minn/a 875.00587 EUR-505
Brent Crude10 minn/a 475.00557 EUR-241
USD/JPY15 minn/a 2100.00470 USD-160
Dow Jones15 minn/a 475.00456 EUR-91.40
Nasdaq 10010 minn/a 475.00423 EUR-228
Silver30 minn/a 560.00392 USD-272
DAX 405 minn/a 650.00332 EUR-308
Silver1 hourn/a 250.00311 USD-306
Nasdaq 1005 minn/a 3100.00278 EUR-203
US Crude Oil10 minn/a 2100.00258 EUR-56.40
Dow Jones1 minn/a 633.33234 EUR-132
US Crude Oil3 minn/a 475.00224 EUR-104
S&P 50030 minn/a 560.00169 EUR-111
Dow Jones2 minn/a 3100.00145 EUR-63.80
EUR/USD1 hourn/a 1100.00130 USD-0.00
FTSE 10010 minn/a 683.3373.80 EUR-36.50
S&P 5005 minn/a 560.0053.34 EUR-23.39
S&P 5003 minn/a 366.6746.65 EUR-20.67
S&P 50010 minn/a 366.6746.16 EUR-35.20
Gold15 minn/a 475.0033.60 EUR-22.70
GBP/USD2 minn/a 2100.0030.20 USD-26.40

Charts

Results by run

Top 10 of 27 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Money Flow RSI Oscillator Cross
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: 5 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

myRsi = RSI[16](close)
mfi = MoneyFlowIndex[14]
hl = (high + low) / 2
ao = Average[5](hl) - Average[34](hl)

14 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

Awesome OscillatorRSIVolume
Read this firstKnown weaknesses4 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The best run has only 19 trades, which is a small sample to judge it on.
  • The maximum drawdown of 1,715 USD is large next to the net profit of 1,804 USD.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run Money Flow RSI Oscillator Cross 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 27 market and timeframe combinations. The best run by trade count was Nikkei 225, 5 minutes, with 19 trades.

How large was the drawdown?

The best run had a maximum drawdown of 1,715 USD at the tested position size, against a net result of 1,804 USD.

Does it trade long, short or both?

It only takes long trades.

Related

Strategies like this one

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

Rock Climber

Best run on the same market, Nikkei 225.

1.44 PF · 1,644 trades

ATR Momentum

Also a momentum strategy.

n/a PF · 15,021 trades

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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