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Strategies / Momentum / RSI Above 70 Hold

RSI Above 70 Hold

Buys when the 14 period RSI is above 70 and holds the long until the RSI drops below 30. The strategy trades long only, with no stop or target.

MomentumLong onlySwingNasdaq 1001 hour
1.61Profit factor
18,885Net profit EUR
44.44%Win rate
558Trades
-2,698Max drawdown
33.84Avg trade

Best run of 43. Nasdaq 100, 1 hour, spread 3, from run pf:2026-10-12-NAS100-1h.tsv:8.

Entry rules, long

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

Exit rules

  1. No stop or target is set

Test conditions

PeriodUp to 2026-10-12
InstrumentNasdaq 100, 1 hour
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 tested2026-10-12

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
Nasdaq 100Best run1 hour1.61 55844.4418,885 EUR-2,698
Gold15 min1.40 73639.272,676 EUR-538
Nasdaq 10030 min1.36 80943.8816,667 EUR-3,717
USD/JPY30 min1.28 75641.53685,110 USD-161,410
USD/JPYDailyn/a 5236.54691,450 USD-590,750
USD/JPY15 minn/a 74340.11312,060 USD-179,060
USD/JPY10 minn/a 73940.46259,930 USD-178,740
EUR/USDDailyn/a 4148.7866,332 USD-38,961
Nikkei 225Dailyn/a 4050.0064,895 USD-11,480
Nikkei 2251 hourn/a 41942.2424,111 USD-11,627
Nikkei 2252 minn/a 72839.8424,035 USD-7,881
Silver30 minn/a 73436.7823,441 USD-18,172
Nikkei 22530 minn/a 80739.2821,073 USD-10,360
Nikkei 2253 minn/a 75738.4418,909 USD-6,476
Nasdaq 100Dailyn/a 4358.1417,990 EUR-4,832
Dow Jones4 hoursn/a 4845.8312,439 EUR-7,268
Nikkei 2251 minn/a 71137.5511,217 USD-8,531
Nasdaq 10015 minn/a 82742.8110,854 EUR-3,131
Nasdaq 1004 hoursn/a 16346.0110,275 EUR-4,159
Dow Jones15 minn/a 66641.899,430 EUR-5,691
Dow Jones30 minn/a 35542.549,099 EUR-8,562
DAX 4030 minn/a 83541.928,996 EUR-4,655
Nasdaq 1003 minn/a 73840.518,990 EUR-2,677
Nasdaq 10010 minn/a 81239.537,295 EUR-4,551
Nasdaq 1002 minn/a 69442.807,273 EUR-2,097
Nasdaq 1005 minn/a 75038.806,711 EUR-4,555
DAX 401 hourn/a 50440.676,246 EUR-4,547
DAX 405 minn/a 72937.315,481 EUR-2,637
DAX 4015 minn/a 80239.284,461 EUR-3,935
S&P 500Dailyn/a 5354.724,273 EUR-870
GoldDailyn/a 4740.433,385 EUR-1,320
Gold1 hourn/a 49542.023,122 EUR-1,405
S&P 5004 hoursn/a 14245.772,694 EUR-1,021
S&P 5001 hourn/a 55843.912,629 EUR-763
S&P 50015 minn/a 78440.942,149 EUR-789
Gold30 minn/a 75340.372,026 EUR-1,306
Gold4 hoursn/a 14140.431,989 EUR-1,505
S&P 50030 minn/a 79642.461,935 EUR-1,316
Gold3 minn/a 68240.321,633 EUR-610
Gold10 minn/a 74539.601,613 EUR-1,004
Gold5 minn/a 73838.751,532 EUR-652
S&P 5005 minn/a 72939.37993 EUR-830
Gold2 minn/a 68136.71678 EUR-656

Charts

Results by run

Top 10 of 43 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

// ==============================================================
// RSI Above 70 Hold
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: 1 hour
// ==============================================================

DEFPARAM CumulateOrders = false

myRsi = RSI[14](close)

9 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
  • 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 RSI Above 70 Hold 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 43 market and timeframe combinations. The best run was Nasdaq 100, 1 hour, with a profit factor of 1.61 over 558 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,698 EUR at the tested position size, against a net result of 18,885 EUR.

Does it trade long, short or both?

It only takes long trades.

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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