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Strategies / Mean reversion / RSI CCI Williams Extremes

RSI CCI Williams Extremes

Enters only when the 14 period RSI, 14 period CCI and 14 period Williams %R all show extreme readings together. Each trade has a 0.45% stop loss and 1.2% take profit, measured from the fill.

Mean reversionLong & shortIntradayDow Jones5 min
n/aProfit factor
12,711Net profit EUR
29.63%Win rate
648Trades
-6,027Max drawdown
19.62Avg trade

Best run of 10. Dow Jones, 5 min, spread 3, from run sweeps:2026-10-11-DOW30-5m-opt.tsv:22.

Entry rules, long

  2. The 14 period CCI is below -130
  3. The 14 period Williams %R is below -85

Entry rules, short

  2. The 14 period CCI is above 130
  3. The 14 period Williams %R is above -15

Exit rules

  2. A 1.2% take profit is set from the fill

Test conditions

PeriodUp to 2026-10-11
InstrumentDow Jones, 5 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
Dow JonesBest run5 minn/a 64829.6312,711 EUR-6,027
USD/JPY2 minn/a 10533.33133,610 USD-102,330
USD/JPY1 minn/a 4431.8246,480 USD-45,150
Dow Jones3 minn/a 48430.3711,044 EUR-5,243
GBP/USD2 minn/a 7435.141,125 USD-474
Gold1 minn/a 47230.51932 EUR-531
Brent CrudeDailyn/a 15131.13755 EUR-456
GBP/USD3 minn/a 12530.40739 USD-602
S&P 5001 minn/a 13131.30651 EUR-496
FTSE 100Dailyn/a 18330.05531 EUR-309

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// RSI CCI Williams Extremes
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long & short
// Timeframe tested: 5 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

myRsi = RSI[14](close)
myCci = CCI[20](close)
hh = highest[14](high)
ll = lowest[14](low)

18 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

RSICCIWilliams %R
Read this firstKnown weaknesses2 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run RSI CCI Williams Extremes 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 10 market and timeframe combinations. The best run by trade count was Dow Jones, 5 minutes, with 648 trades.

How large was the drawdown?

The best run had a maximum drawdown of 6,027 EUR at the tested position size, against a net result of 12,711 EUR.

Does it trade long, short or both?

It trades both long and short.

Related

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Turtle Trade

Best run on the same market, Dow Jones.

2.42 PF · 6,324 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.comStatsDocs