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Strategies / Momentum / RSI 70 Trend Scalp

RSI 70 Trend Scalp

Buys when the 14 period RSI is above 70 and sells when it falls below 55 or the close is more than 6% above the entry price. The strategy trades long only and exits at the bar close rather than with a limit order.

MomentumLong onlyIntradayNasdaq 10030 min
n/aProfit factor
5,574Net profit EUR
39.75%Win rate
1,756Trades
-1,864Max drawdown
3.17Avg trade

Best run of 15. Nasdaq 100, 30 min, spread 3, from run sweeps:2026-10-11-NAS100-30m-opt.tsv:31.

Entry rules, long

  1. The 14 period RSI is above 70 and no long is open

Exit rules

  2. The close rises above 1.06 times the entry price
  3. Exits are market orders on the bar close

Test conditions

PeriodUp to 2026-10-11
InstrumentNasdaq 100, 30 minutes
Spread3 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 tested2026-10-11

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
Nasdaq 100Best run30 minn/a 1,75639.755,574 EUR-1,864
USD/JPY30 minn/a 1,67037.31312,530 USD-116,220
USD/JPY4 hoursn/a 31439.81201,270 USD-169,460
Silver4 hoursn/a 35036.2913,624 USD-7,971
Nasdaq 1001 hourn/a 1,22937.674,644 EUR-2,401
DAX 401 hourn/a 1,04539.623,883 EUR-1,670
DAX 40Dailyn/a 18639.783,615 EUR-1,532
Nasdaq 100Dailyn/a 16243.832,625 EUR-1,933
GoldDailyn/a 17644.322,022 EUR-697
Gold4 hoursn/a 34640.751,302 EUR-811
Gold30 minn/a 1,63336.801,155 EUR-333
Gold1 hourn/a 1,13539.91874 EUR-815
S&P 500Dailyn/a 17146.78657 EUR-462
Gold5 minn/a 1,58534.07605 EUR-422
Gold3 minn/a 1,49633.82285 EUR-276

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 70 Trend Scalp
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: 30 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

myRsi = RSI[14](close)

11 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
  • No profit factor is available, because only sweep results exist for this strategy.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run RSI 70 Trend Scalp 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 by trade count was Nasdaq 100, 30 minutes, with 1,756 trades.

How large was the drawdown?

The best run had a maximum drawdown of 1,864 EUR at the tested position size, against a net result of 5,574 EUR.

Does it trade long, short or both?

It only takes long trades.

Related

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Volatility Spike Regression Long

Best run on the same market, Nasdaq 100.

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ATR Momentum

Also a momentum strategy.

n/a PF · 15,021 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.comStatsDocs