Strategies / Mean reversion / Reference Level Take Profit Swing

Reference Level Take Profit Swing

Buys when the close moves below 0.98 times or above 1.01 times the level of the last signal close. Closes the long at a take profit of 1.20 times or a stop at 0.85 times the entry close.

Mean reversionLong onlySwingNasdaq 100Daily

n/aProfit factor

33,112Net profit EUR

68.83%Win rate

77Trades

-6,051Max drawdown

430Avg trade

Best run of 56. Nasdaq 100, Daily, spread 3, from run sweeps:2026-10-03-NAS100-D-opt.tsv:76.

Entry rules, long

The first bar buys one contract.

Exit rules

Exits are checked on the close of each bar, not as resting orders.

Test conditions

Period	Up to 2026-10-03
Instrument	Nasdaq 100, Daily
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
Nasdaq 100Best run	Daily	n/a	77	68.83	33,112 EUR	-6,051
Silver	1 hour	n/a	74	55.41	592,324 USD	-570,420
USD/JPY	1 hour	n/a	7	71.43	549,160 USD	-506,260
USD/JPY	30 min	n/a	5	80.00	503,190 USD	-272,260
USD/JPY	15 min	n/a	2	100.00	291,310 USD	-245,400
EUR/USD	30 min	n/a	10	70.00	137,877 USD	-50,920
Nikkei 225	Daily	n/a	61	57.38	62,081 USD	-29,996
Nikkei 225	30 min	n/a	25	72.00	59,397 USD	-12,879
Nikkei 225	4 hours	n/a	25	72.00	59,118 USD	-11,811
Nikkei 225	1 hour	n/a	28	67.86	58,506 USD	-12,691
Nikkei 225	15 min	n/a	15	73.33	48,457 USD	-13,076
Dow Jones	Daily	n/a	59	69.49	47,706 EUR	-10,231
Nikkei 225	3 min	n/a	5	100.00	38,678 USD	-13,081
Nikkei 225	10 min	n/a	6	83.33	33,366 USD	-12,992
Nasdaq 100	4 hours	n/a	33	75.76	31,176 EUR	-5,758
Nasdaq 100	30 min	n/a	26	76.92	28,765 EUR	-6,653
Nasdaq 100	1 hour	n/a	35	71.43	26,894 EUR	-6,149
Nikkei 225	5 min	n/a	5	80.00	26,082 USD	-13,126
Nasdaq 100	15 min	n/a	17	76.47	25,279 EUR	-6,583
DAX 40	Daily	n/a	76	61.84	23,882 EUR	-6,568
Dow Jones	4 hours	n/a	12	58.33	23,151 EUR	-12,079
Dow Jones	10 min	n/a	4	100.00	22,279 EUR	-8,394
Dow Jones	15 min	n/a	10	60.00	21,296 EUR	-12,346
Dow Jones	1 hour	n/a	9	66.67	20,725 EUR	-11,920
Dow Jones	30 min	n/a	9	66.67	20,705 EUR	-12,002
Nasdaq 100	10 min	n/a	8	87.50	19,793 EUR	-6,022
DAX 40	1 hour	n/a	29	62.07	19,443 EUR	-5,661
DAX 40	30 min	n/a	25	64.00	18,524 EUR	-6,074
DAX 40	4 hours	n/a	29	62.07	18,297 EUR	-6,055
Nikkei 225	2 min	n/a	2	100.00	17,911 USD	-13,121
DAX 40	15 min	n/a	12	66.67	15,667 EUR	-5,287
Nasdaq 100	3 min	n/a	4	100.00	13,637 EUR	-3,758
Dow Jones	3 min	n/a	3	66.67	13,195 EUR	-5,673
DAX 40	10 min	n/a	6	83.33	11,406 EUR	-4,375
Nasdaq 100	5 min	n/a	5	80.00	10,855 EUR	-6,110
FTSE 100	Daily	n/a	42	64.29	9,179 EUR	-3,753
S&P 500	Daily	n/a	60	70.00	6,967 EUR	-1,476
S&P 500	4 hours	n/a	28	67.86	6,783 EUR	-1,322
FTSE 100	4 hours	n/a	19	63.16	6,557 EUR	-3,344
S&P 500	30 min	n/a	14	85.71	6,422 EUR	-1,319
S&P 500	1 hour	n/a	27	66.67	6,314 EUR	-1,347
FTSE 100	1 hour	n/a	19	57.89	5,928 EUR	-3,699
DAX 40	5 min	n/a	2	100.00	5,427 EUR	-4,463
S&P 500	15 min	n/a	10	80.00	5,003 EUR	-1,359
FTSE 100	30 min	n/a	8	75.00	4,820 EUR	-2,841
S&P 500	10 min	n/a	5	100.00	4,160 EUR	-1,322
Gold	Daily	n/a	57	63.16	4,081 EUR	-1,345
Gold	4 hours	n/a	21	71.43	3,658 EUR	-1,453
FTSE 100	15 min	n/a	7	71.43	3,639 EUR	-2,179
Gold	1 hour	n/a	18	72.22	3,121 EUR	-1,650
Gold	30 min	n/a	17	64.71	2,774 EUR	-1,477
S&P 500	3 min	n/a	3	100.00	2,606 EUR	-699
FTSE 100	10 min	n/a	2	100.00	2,456 EUR	-1,320
Gold	15 min	n/a	10	70.00	2,329 EUR	-1,675
S&P 500	5 min	n/a	2	100.00	2,140 EUR	-1,332
GBP/USD	15 min	n/a	2	50.00	2,074 USD	-1,326

Charts

Results by run

Top 10 of 56 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Reference Level Take Profit Swing
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE state = 0
ONCE ref = 0

IF state = 0 THEN

21 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.

Read this firstKnown weaknesses2 points

No profit factor is available, because only sweep results exist for this strategy.
The best run has only 77 trades, which is a small sample to judge it on.

Questions

About this strategy

Can I run Reference Level Take Profit Swing 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 56 market and timeframe combinations. The best run by trade count was Nasdaq 100, Daily, with 77 trades.

How large was the drawdown?

The best run had a maximum drawdown of 6,051 EUR at the tested position size, against a net result of 33,112 EUR.

Does it trade long, short or both?

It only takes long trades.

Volatility Spike Regression Long

Best run on the same market, Nasdaq 100.

1.22 PF · 1,850 trades

ATR Band

Also a mean reversion strategy.

10.31 PF · 53 trades

See how ProRealAlgos combines strategies like this into one automated portfolio.

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