Strategies / Momentum / Oscillator Consensus Long

Oscillator Consensus Long

The strategy buys when four 100-bar momentum readings on typical price (RSI, money flow, CCI and stochastic RSI) all turn bullish. It closes the long when RSI and money flow fall below 49, CCI drops below 0 and stochastic RSI falls below 50.

MomentumLong onlyIntradayNasdaq 10030 min

1.49Profit factor

17,689Net profit EUR

38.37%Win rate

404Trades

-2,918Max drawdown

43.78Avg trade

Best run of 52. Nasdaq 100, 30 min, spread 3, from run pf:2026-10-12-NAS100-30m.tsv:6.

Entry rules, long

When flat, the strategy buys one contract at market.

Exit rules

There is no stop or target.

Test conditions

Period	Up to 2026-10-12
Instrument	Nasdaq 100, 30 minutes
Spread	3 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
Nasdaq 100Best run	30 min	1.49	404	38.37	17,689 EUR	-2,918
Gold	15 min	1.41	740	31.76	2,556 EUR	-560
USD/JPY	30 min	1.39	680	37.35	852,400 USD	-189,940
USD/JPY	10 min	1.36	712	36.66	595,710 USD	-142,230
Nasdaq 100	15 min	1.36	634	38.33	16,994 EUR	-3,604
Gold	5 min	1.34	753	33.60	2,309 EUR	-528
USD/JPY	Daily	n/a	18	33.33	477,750 USD	-334,410
USD/JPY	15 min	n/a	730	34.11	412,370 USD	-179,190
USD/JPY	4 hours	n/a	146	34.25	405,720 USD	-311,110
Nikkei 225	Daily	n/a	14	50.00	35,282 USD	-11,480
Nikkei 225	4 hours	n/a	62	37.10	32,643 USD	-11,392
Silver	10 min	n/a	771	32.04	23,458 USD	-9,696
Nasdaq 100	Daily	n/a	6	83.33	23,409 EUR	-3,794
Nikkei 225	3 min	n/a	646	34.52	22,871 USD	-10,777
Nikkei 225	2 min	n/a	661	34.49	20,949 USD	-6,984
Nikkei 225	1 hour	n/a	229	41.05	20,707 USD	-13,045
Nikkei 225	10 min	n/a	582	36.60	20,566 USD	-14,426
Silver	30 min	n/a	724	30.94	19,327 USD	-18,884
Nikkei 225	1 min	n/a	660	36.97	17,326 USD	-6,386
Nasdaq 100	4 hours	n/a	53	54.72	17,142 EUR	-4,664
Nikkei 225	30 min	n/a	399	35.59	16,455 USD	-14,874
Nikkei 225	15 min	n/a	531	37.85	14,895 USD	-13,401
Dow Jones	4 hours	n/a	36	52.78	14,519 EUR	-7,154
Dow Jones	1 hour	n/a	147	38.10	14,298 EUR	-5,001
DAX 40	1 hour	n/a	231	36.80	11,013 EUR	-3,724
Dow Jones	Daily	n/a	9	55.56	10,230 EUR	-5,847
DAX 40	Daily	n/a	10	70.00	9,737 EUR	-4,084
Nasdaq 100	1 hour	n/a	216	42.59	8,679 EUR	-6,003
Dow Jones	30 min	n/a	293	36.86	7,949 EUR	-7,808
DAX 40	5 min	n/a	736	33.56	7,797 EUR	-2,448
Nasdaq 100	5 min	n/a	818	33.01	7,666 EUR	-3,495
Nasdaq 100	3 min	n/a	762	34.38	7,250 EUR	-3,250
DAX 40	4 hours	n/a	59	45.76	6,630 EUR	-4,044
DAX 40	15 min	n/a	690	35.36	6,249 EUR	-4,030
DAX 40	30 min	n/a	466	36.05	6,174 EUR	-3,337
DAX 40	10 min	n/a	777	34.75	4,516 EUR	-3,477
Nasdaq 100	2 min	n/a	761	34.17	4,463 EUR	-3,834
S&P 500	Daily	n/a	11	54.55	3,609 EUR	-693
Nasdaq 100	1 min	n/a	771	34.63	3,510 EUR	-2,419
Gold	4 hours	n/a	114	35.96	2,963 EUR	-962
Gold	1 hour	n/a	413	35.84	2,783 EUR	-1,059
Gold	10 min	n/a	760	32.89	2,482 EUR	-633
S&P 500	4 hours	n/a	58	44.83	2,447 EUR	-959
S&P 500	15 min	n/a	651	37.63	1,877 EUR	-916
S&P 500	1 hour	n/a	212	41.04	1,797 EUR	-1,234
S&P 500	30 min	n/a	437	39.36	1,773 EUR	-690
Gold	Daily	n/a	16	31.25	1,767 EUR	-1,742
Gold	30 min	n/a	695	35.54	1,584 EUR	-1,471
Gold	2 min	n/a	778	31.75	1,200 EUR	-897
S&P 500	10 min	n/a	799	33.92	1,039 EUR	-715
Gold	3 min	n/a	797	31.74	1,014 EUR	-844
S&P 500	5 min	n/a	842	30.29	981 EUR	-845

Charts

Results by run

Top 10 of 52 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

// ==============================================================
// Oscillator Consensus Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: 30 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

src = TypicalPrice
chg = src - src[1]

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

RSICCIStochasticVolume

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 Oscillator Consensus 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 52 market and timeframe combinations. The best run was Nasdaq 100, 30 minutes, with a profit factor of 1.49 over 404 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,918 EUR at the tested position size, against a net result of 17,689 EUR.

Does it trade long, short or both?

It only takes long trades.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

Volatility Spike Regression Long

Best run on the same market, Nasdaq 100.

1.22 PF · 1,850 trades

Smoothed RSI Trend Crossover

Also a momentum strategy.

1.49 PF · 469 trades

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

Copy trading on US indices is available to ProRealAlgos members as spots open.

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