Strategies / Momentum / RSI CMF OBV Momentum Long

RSI CMF OBV Momentum Long

Buys after a bullish bar with a 14-period RSI above 70, positive Chaikin money flow and rising on-balance volume. Takes profit 3% above entry and stops out 4% below.

MomentumLong onlySwingSilver4 hours

n/aProfit factor

11,460Net profit USD

62.60%Win rate

123Trades

-5,940Max drawdown

93.17Avg trade

Best run of 19. Silver, 4 hours, spread 2, from run sweeps:2026-10-07-SILVER-4h-opt.tsv:24.

Entry rules, long

On-balance volume and the 20-period EMA are both higher than 5 bars earlier.
The prior close is above the 20-period EMA, which is above the 50-period EMA.
The bar before the prior bar is bullish, and the prior bar is bullish with volume at least 1.2 times its 50-bar average.
The prior bar's 14-period ATR is between 0.01 and 0.05 times its close, and the open is within 0.015 times the prior close.
Signals are only checked after 60 bars and only when no position is open.

Exit rules

The position is closed at a stop 4% below entry.

Test conditions

Period	Up to 2026-10-07
Instrument	Silver, 4 hours
Spread	2 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	2026-10-10

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
SilverBest run	4 hours	n/a	123	62.60	11,460 USD	-5,940
USD/JPY	Daily	n/a	4	75.00	47,800 USD	-47,310
Silver	1 hour	n/a	37	62.16	8,286 USD	-6,168
Nikkei 225	4 hours	n/a	7	85.71	6,332 USD	-2,894
DAX 40	Daily	n/a	10	80.00	2,772 EUR	-1,329
DAX 40	4 hours	n/a	9	88.89	2,461 EUR	-765
US Crude Oil	Daily	n/a	32	71.88	2,301 EUR	-807
US Crude Oil	1 hour	n/a	61	67.21	2,207 EUR	-885
Nikkei 225	10 min	n/a	2	100.00	1,976 USD	-625
Nikkei 225	15 min	n/a	3	66.67	1,292 USD	-1,033
Brent Crude	10 min	n/a	3	100.00	837 EUR	-197
Nikkei 225	1 hour	n/a	1	100.00	556 USD	-103
Nasdaq 100	3 min	n/a	1	100.00	556 EUR	-302
GBP/USD	Daily	n/a	1	100.00	388 USD	-189
S&P 500	Daily	n/a	5	80.00	382 EUR	-275
FTSE 100	4 hours	n/a	2	100.00	356 EUR	-76.00
S&P 500	4 hours	n/a	2	100.00	224 EUR	-94.51
S&P 500	10 min	n/a	1	100.00	159 EUR	-74.50
Gold	1 hour	n/a	1	100.00	39.70 EUR	-25.80

Charts

Results by run

Top 10 of 19 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// RSI CMF OBV Momentum Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE obv = 0

myRsi = RSI[14](close)
rangehl = max(high - low, 0.0000000001)
mfm = ((close - low) - (high - close)) / rangehl
mfv = mfm * volume
smamfv = Average[10](mfv)
smavol = Average[10](volume)
cmf = smamfv / max(smavol, 0.0000000001)

32 more lines: the entry and exit rules.

Setup

How to load it

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

Indicators used

RSIEMAATRVolumeSMA

Read this firstKnown weaknesses2 points

No profit factor is available, because only sweep results exist for this strategy.
The maximum drawdown of 5,940 USD is large next to the net profit of 11,460 USD.

Questions

About this strategy

Can I run RSI CMF OBV Momentum Long 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 19 market and timeframe combinations. The best run by trade count was Silver, 4 hours, with 123 trades.

How large was the drawdown?

The best run had a maximum drawdown of 5,940 USD at the tested position size, against a net result of 11,460 USD.

Does it trade long, short or both?

It only takes long trades.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

SMA Crossover With RSI Exit

Best run on the same market, Silver.

2.13 PF · 8,999 trades

ATR Momentum

Also a momentum strategy.

n/a PF · 15,021 trades

See how ProRealAlgos combines strategies like this into one automated portfolio.

The ProRealAlgos community gets the full rules, the complete code and the automated portfolio.

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.com Stats Docs

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