Strategies / Mean reversion / Multi-Oscillator Extreme Reversal

Multi-Oscillator Extreme Reversal

Buys when the money flow index, RSI, and both stochastic RSI lines fall below 20, and sells short when they all rise above 80. Each trade has a 20% stop from entry, and an opposite signal reverses the position.

Mean reversionLong & shortIntradayFTSE 1003 min

n/aProfit factor

2,684Net profit EUR

65.95%Win rate

464Trades

-1,299Max drawdown

5.79Avg trade

Best run of 10. FTSE 100, 3 min, spread 2, from run sweeps:2026-10-07-FTSE100-3m-opt.tsv:8.

Entry rules, long

The stochastic RSI %K and %D lines, each smoothed over 3 bars from a 14-bar range, are both below 20.

Entry rules, short

The stochastic RSI %K and %D lines, each smoothed over 3 bars from a 14-bar range, are both above 80.

Exit rules

A stop loss sits 20% from the entry price.

Test conditions

Period	Up to 2026-10-07
Instrument	FTSE 100, 3 minutes
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	2026-10-10

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
FTSE 100Best run	3 min	n/a	464	65.95	2,684 EUR	-1,299
Silver	4 hours	n/a	95	69.47	43,953 USD	-17,462
Nikkei 225	Daily	n/a	16	43.75	38,748 USD	-27,373
Dow Jones	4 hours	n/a	34	73.53	26,273 EUR	-9,723
Silver	1 min	n/a	260	62.31	11,339 USD	-8,848
GBP/USD	1 hour	n/a	318	60.69	9,009 USD	-4,338
GBP/USD	4 hours	n/a	88	60.23	8,428 USD	-4,555
S&P 500	4 hours	n/a	46	65.22	2,671 EUR	-2,049
FTSE 100	2 min	n/a	433	67.44	2,132 EUR	-1,156
FTSE 100	1 min	n/a	389	58.61	1,008 EUR	-769

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Multi-Oscillator Extreme Reversal
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long & short
// Timeframe tested: 3 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE st = 50

src = TypicalPrice
chg = src - src[1]

39 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

RSIStochasticSMAVolume

Read this firstKnown weaknesses2 points

No profit factor is available, because only sweep results exist for this strategy.
Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run Multi-Oscillator Extreme Reversal 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 10 market and timeframe combinations. The best run by trade count was FTSE 100, 3 minutes, with 464 trades.

How large was the drawdown?

The best run had a maximum drawdown of 1,299 EUR at the tested position size, against a net result of 2,684 EUR.

Does it trade long, short or both?

It trades both long and short.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

DAX Survivor

Best run on the same market, FTSE 100.

1.17 PF · 1,514 trades

ATR Band

Also a mean reversion strategy.

10.31 PF · 53 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