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Strategies / Momentum / RSI 55 45 Bracket Reversal

RSI 55 45 Bracket Reversal

Goes long when the 14 period RSI crosses above 55 and short when it crosses below 45, reversing any open position. Each entry carries a 1% stop loss and 2% take profit, and a repeat signal in the same direction resets the bracket.

MomentumLong & shortSwingGold4 hours
1.18Profit factor
2,603Net profit EUR
33.69%Win rate
1,692Trades
-380Max drawdown
1.54Avg trade

Best run of 15. Gold, 4 hours, spread 0.6, from run pf:2026-10-12-GOLD-4h.tsv:8.

Entry rules, long

  1. The 14 period RSI crosses over 55

Entry rules, short

  1. The 14 period RSI crosses under 45

Exit rules

  2. A repeat signal in the same direction re-sets the stop and target from the close
  3. The opposite signal reverses the position

Test conditions

PeriodUp to 2026-10-12
InstrumentGold, 4 hours
Spread0.6 points
Starting capital1,000,000
CostsSpread only. Commissions and overnight financing are not included.
BarsUp to 200,000 bars, fewer where the instrument has less history
Last tested2026-10-12

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
GoldBest run4 hours1.18 1,69233.692,603 EUR-380
USD/JPY1 hourn/a 5,77430.64607,490 USD-269,990
USD/JPYDailyn/a 96531.81566,360 USD-345,140
USD/JPY30 minn/a 8,00629.79381,790 USD-315,090
USD/JPY4 hoursn/a 1,65431.32375,370 USD-340,060
EUR/USDDailyn/a 89134.46103,398 USD-37,066
Nikkei 2254 hoursn/a 1,62532.0618,242 USD-9,000
Dow JonesDailyn/a 1,33633.2314,280 EUR-6,012
Dow Jones4 hoursn/a 57734.4911,252 EUR-7,999
GBP/USDDailyn/a 96833.0611,229 USD-8,727
Dow Jones1 hourn/a 1,84130.9110,150 EUR-9,706
Nasdaq 1004 hoursn/a 2,03730.934,278 EUR-4,215
FTSE 100Dailyn/a 1,07334.672,104 EUR-1,787
S&P 5004 hoursn/a 1,81931.831,503 EUR-1,150
Gold1 hourn/a 5,31129.791,135 EUR-750

Charts

Results by run

Top 10 of 15 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// RSI 55 45 Bracket Reversal
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long & short
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

myRsi = RSI[14](close)

26 more lines: the entry and exit rules.

Setup

How to load it

  1. Copy the code with the copy button on the code block.
  2. 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".
  3. Paste the code, give the system a name and save it.
  4. Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

RSI
Read this firstKnown weaknesses2 points
  • A profit factor of 1.18 leaves little room for costs beyond the spread.
  • Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run RSI 55 45 Bracket 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 15 market and timeframe combinations. The best run was Gold, 4 hours, with a profit factor of 1.18 over 1,692 trades.

How large was the drawdown?

The best run had a maximum drawdown of 380 EUR at the tested position size, against a net result of 2,603 EUR.

Does it trade long, short or both?

It trades both long and short.

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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.comStatsDocs