Strategies / Momentum / Multi-Lookback Momentum Long

Multi-Lookback Momentum Long

The system buys 1 contract when the close is well above its closes from 2 to 499 bars earlier, a sign of sustained upward price movement. It exits on a 1% trailing stop or a 5% profit target, with no signal-based exit.

MomentumLong onlySwingSilverDaily

2.80Profit factor

17,652Net profit USD

45.59%Win rate

136Trades

-1,639Max drawdown

130Avg trade

Best run of 23. Silver, Daily, spread 2, from run pf:2026-10-05-SILVER-D.tsv:2.

Entry rules, long

When flat, buy 1 contract at market only if all of the following are true on the same bar.
The close divided by its close 100 bars earlier is above 1.125, and by its close 50 bars earlier is above 1.10.
The close divided by its close 10 bars earlier is above 1.075, and by its close 5 bars earlier is above 1.05.
The close divided by its close 2 bars earlier is above 1.01.

Exit rules

A profit target 5% above the entry price closes the trade.
There is no exit based on indicator conditions.

Test conditions

Period	Up to 2026-10-05
Instrument	Silver, Daily
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	2026-10-05

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
SilverBest run	Daily	2.80	136	45.59	17,652 USD	-1,639
EUR/USD	2 min	n/a	7	71.43	26,457 USD	-2,877
EUR/USD	3 min	n/a	8	62.50	25,047 USD	-2,868
EUR/USD	15 min	n/a	7	57.14	19,156 USD	-1,454
EUR/USD	5 min	n/a	8	50.00	18,077 USD	-4,290
EUR/USD	1 hour	n/a	3	100.00	17,600 USD	-0.00
EUR/USD	10 min	n/a	8	37.50	10,766 USD	-2,868
Silver	4 hours	n/a	30	53.33	7,418 USD	-712
EUR/USD	4 hours	n/a	1	100.00	5,865 USD	-0.00
EUR/USD	30 min	n/a	2	50.00	4,434 USD	-1,434
Brent Crude	Daily	n/a	23	56.52	2,849 EUR	-230
US Crude Oil	Daily	n/a	89	41.57	2,367 EUR	-682
EUR/USD	Daily	n/a	1	100.00	1,447 USD	-0.00
Brent Crude	4 hours	n/a	21	42.86	940 EUR	-484
US Crude Oil	3 min	n/a	4	50.00	689 EUR	-59.20
DAX 40	Daily	n/a	11	54.55	436 EUR	-75.50
US Crude Oil	5 min	n/a	3	33.33	395 EUR	-107
US Crude Oil	2 min	n/a	3	33.33	370 EUR	-138
US Crude Oil	15 min	n/a	7	42.86	362 EUR	-163
Brent Crude	3 min	n/a	2	100.00	249 EUR	-26.00
Brent Crude	15 min	n/a	7	42.86	228 EUR	-163
US Crude Oil	30 min	n/a	7	71.43	215 EUR	-113
Gold	Daily	n/a	56	28.57	194 EUR	-148

Charts

Results by run

Top 10 of 23 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Multi-Lookback Momentum Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

10 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.

Longer historyRe-run on up to 1,000,000 barsSilver · Daily · older data 0.00 USD

Silver had no history beyond the standard run, so both runs used 11,000 bars.

Silver · Daily

Bars available	11,000
Net, standard 200,000-bar run	17,651.50 USD
Net, long run	17,651.50 USD
Net on the older data alone	0.00 USD

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 Multi-Lookback Momentum 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 23 market and timeframe combinations. The best run was Silver, Daily, with a profit factor of 2.80 over 136 trades.

How large was the drawdown?

The best run had a maximum drawdown of 1,639 USD at the tested position size, against a net result of 17,652 USD.

Does it trade long, short or both?

It only takes long trades.

SMA Crossover With RSI Exit

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EMA Cross with Oscillator Trend Long

Also a momentum strategy.

2.80 PF · 275 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.com Stats Docs

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