Strategies / Mean reversion / Oversold Multi Signal Bounce

Oversold Multi Signal Bounce

Buys an up close after oversold readings in CCI, RSI or MFI, including a V-shaped bottom. Sells on a smoothed momentum peak, 9 green candles, or extreme CCI and RSI, with a 10% target and 5% stop.

Mean reversionLong onlyIntradayDAX 4030 min

n/aProfit factor

8,084Net profit EUR

66.26%Win rate

652Trades

-4,846Max drawdown

12.40Avg trade

Best run of 30. DAX 40, 30 min, spread 3, from run sweeps:2026-10-04-DAX40-30m-opt.tsv:78.

Entry rules, long

The close is above the previous close
Setup B: low below the 20-period average, current CCI(20) below -200, RSI(14) below 30 and MFI(14) below 30
Setup C: MFI(14) below 10, CCI(20) below -150 and RSI(14) below MFI(14)

Exit rules

The last 9 candles are all green, with close above open
CCI(20) is above 200 and RSI(14) is above 70
A stop loss sits 5% below the entry price
A profit target sits 10% above the entry price

Test conditions

Period	Up to 2026-10-04
Instrument	DAX 40, 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	2026-10-04

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
DAX 40Best run	30 min	n/a	652	66.26	8,084 EUR	-4,846
Nikkei 225	1 hour	n/a	329	65.65	23,689 USD	-11,143
Nikkei 225	4 hours	n/a	103	59.22	21,250 USD	-8,552
Nikkei 225	15 min	n/a	621	64.57	21,075 USD	-14,692
Dow Jones	Daily	n/a	64	50.00	19,726 EUR	-5,321
Nikkei 225	10 min	n/a	603	62.35	18,529 USD	-10,196
Dow Jones	30 min	n/a	282	65.60	16,449 EUR	-5,527
Nikkei 225	5 min	n/a	605	65.12	14,618 USD	-10,508
Dow Jones	4 hours	n/a	47	70.21	14,499 EUR	-6,186
Dow Jones	1 hour	n/a	154	68.83	14,355 EUR	-7,793
EUR/USD	2 min	n/a	509	59.53	10,923 USD	-3,791
Dow Jones	10 min	n/a	584	64.73	8,463 EUR	-7,420
DAX 40	Daily	n/a	76	42.11	7,640 EUR	-2,844
Nasdaq 100	4 hours	n/a	142	58.45	6,461 EUR	-4,278
DAX 40	1 hour	n/a	415	61.93	5,807 EUR	-5,630
DAX 40	15 min	n/a	576	62.50	5,605 EUR	-3,806
FTSE 100	1 hour	n/a	365	66.58	4,929 EUR	-2,011
US Crude Oil	5 min	n/a	597	62.48	4,481 EUR	-2,447
FTSE 100	4 hours	n/a	108	63.89	4,400 EUR	-2,449
Brent Crude	1 hour	n/a	266	59.40	3,554 EUR	-3,135
S&P 500	30 min	n/a	572	68.18	3,415 EUR	-1,013
Brent Crude	5 min	n/a	603	63.35	3,321 EUR	-2,294
S&P 500	4 hours	n/a	122	67.21	3,002 EUR	-855
FTSE 100	10 min	n/a	503	66.40	2,492 EUR	-918
Brent Crude	2 min	n/a	533	61.73	2,109 EUR	-1,780
FTSE 100	5 min	n/a	516	65.50	1,638 EUR	-1,029
S&P 500	10 min	n/a	600	66.17	1,419 EUR	-1,060
S&P 500	2 min	n/a	429	63.17	813 EUR	-424
Gold	4 hours	n/a	132	59.85	769 EUR	-741
GBP/USD	3 min	n/a	510	61.18	566 USD	-458

Charts

Results by run

Top 10 of 30 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Oversold Multi Signal Bounce
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long only
// Timeframe tested: 30 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

myCci = CCI[20](TypicalPrice)
myRsi = RSI[14](close)
mfi = MoneyFlowIndex[14]
mfismooth = ExponentialAverage[11](mfi)
ccismooth = ExponentialAverage[11](myCci)
rsismooth = ExponentialAverage[11](myRsi)
blend = (rsismooth * 1.125 + mfismooth * 1.125 + ccismooth) / 3
smooth = TEMA[21](blend)
bbmid = Average[20](close)
avgp = TotalPrice

27 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

CCIRSITEMAEMASMA

Read this firstKnown weaknesses2 points

No profit factor is available, because only sweep results exist for this strategy.
The maximum drawdown of 4,846 EUR is large next to the net profit of 8,084 EUR.

Questions

About this strategy

Can I run Oversold Multi Signal Bounce 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 30 market and timeframe combinations. The best run by trade count was DAX 40, 30 minutes, with 652 trades.

How large was the drawdown?

The best run had a maximum drawdown of 4,846 EUR at the tested position size, against a net result of 8,084 EUR.

Does it trade long, short or both?

It only takes long trades.

Trend Surfer

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Heikin Ashi Color Flip

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ATR Band

Also a mean reversion strategy.

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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