The books... not free though
Buys on RSI bullish divergence, where price makes a lower low but the RSI makes a higher low below 30. Entry comes when the RSI closes above the highest RSI between the two lows.
Best run of 13. Dow Jones, 30 min, spread 3, from run pf:2026-10-04-DOW30-30m.tsv:1.
| Period | Up to 2026-10-04 |
| Instrument | Dow Jones, 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
| Market | Timeframe | PF | Trades | Win % | Net | Max DD |
|---|---|---|---|---|---|---|
| Dow JonesBest run | 30 min | 1.65 | 242 | 61.98 | 7,963 EUR | -1,459 |
| Silver | 4 hours | n/a | 105 | 61.90 | 11,503 USD | -6,821 |
| Dow Jones | Daily | n/a | 37 | 72.97 | 4,578 EUR | -3,072 |
| Silver | 1 hour | n/a | 336 | 55.06 | 4,409 USD | -3,221 |
| Dow Jones | 4 hours | n/a | 33 | 63.64 | 3,635 EUR | -1,391 |
| Dow Jones | 15 min | n/a | 459 | 58.82 | 3,539 EUR | -2,152 |
| Brent Crude | Daily | n/a | 13 | 76.92 | 3,489 EUR | -909 |
| US Crude Oil | 1 hour | n/a | 282 | 59.57 | 2,375 EUR | -1,224 |
| FTSE 100 | Daily | n/a | 26 | 76.92 | 1,386 EUR | -434 |
| S&P 500 | Daily | n/a | 38 | 65.79 | 606 EUR | -304 |
| S&P 500 | 30 min | n/a | 483 | 55.90 | 495 EUR | -224 |
| Gold | 4 hours | n/a | 86 | 60.47 | 433 EUR | -215 |
| Gold | Daily | n/a | 25 | 68.00 | 406 EUR | -209 |
Charts
Top 10 of 13 runs. The full list is in the table above.
The code
// ============================================================== // RSI Bullish Divergence Breakout // ProRealAlgos Strategy Library | prorealalgos.com // Type: Pattern // Direction: Long only // Timeframe tested: 30 minutes // ============================================================== DEFPARAM CumulateOrders = false ONCE pvbar = -1 ONCE pvrsi = 0 ONCE pvlow = 0 ONCE active = 0 ONCE secbar = 0 ONCE setuphh = 0 ONCE setuptt = 0 ONCE setupss = 0 ONCE rsisec = 0 ONCE lastsec = -1 myR = RSI[14](close)
83 more lines: the entry and exit rules.
Setup
Dow Jones had no history beyond the standard run, so both runs used 74,000 bars.
| Bars available | 74,000 |
| Net, standard 200,000-bar run | 7,962.80 EUR |
| Net, long run | 7,962.80 EUR |
| Net on the older data alone | 0.00 EUR |
Questions
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.
It was tested on 13 market and timeframe combinations. The best run was Dow Jones, 30 minutes, with a profit factor of 1.65 over 242 trades.
The best run had a maximum drawdown of 1,459 EUR at the tested position size, against a net result of 7,963 EUR.
It only takes long trades.
Related
Copy trading on US indices is available to ProRealAlgos members as spots open.
