Join waitlist
The books... not free though
10 Strategier Som Slår BörsenSvenska10 Strategier Som Slår Börsen10 Strategies That Beat the MarketEnglish10 Strategies That Beat the MarketProRealTime Coding Made SimpleEnglishProRealTime Coding Made Simple
600+StatisticsMarket statistics and edges1,327StrategiesBacktested strategy library18Research papersThe study behind the algos301DocsProBuilder coding reference27Algo development programCourses and lessons24Everything here feeds the 24 algosSee the algos
Strategies / Trend / RSI Pullback Trend Bracket

RSI Pullback Trend Bracket

The strategy buys when RSI(10) crosses above 40 with the close above the 200-period EMA. It sells short when RSI(10) crosses below 60 with the close below that EMA, and each trade uses a stop at 4 times the 14-period ATR.

TrendLong & shortSwingS&P 500Daily
1.77Profit factor
4,070Net profit EUR
44.14%Win rate
145Trades
-905Max drawdown
28.07Avg trade

Best run of 8. S&P 500, Daily, spread 1, from run pf:2026-10-12-USA500-D.tsv:6.

Entry rules, long

  1. The close is above the 200-period EMA

Entry rules, short

  1. The close is below the 200-period EMA

Exit rules

  2. The target is 2 times the stop distance from the fill price
  3. An opposite signal reverses the position

Test conditions

PeriodUp to 2026-10-12
InstrumentS&P 500, Daily
Spread1 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
S&P 500Best runDaily1.77 14544.144,070 EUR-905
USD/JPYDaily1.54 50242.4371,600 USD-9,070
Nikkei 225Dailyn/a 10242.1631,149 USD-18,375
Dow JonesDailyn/a 12141.3216,929 EUR-7,928
GoldDailyn/a 12347.973,012 EUR-1,101
Gold4 hoursn/a 29137.462,653 EUR-1,264
S&P 5004 hoursn/a 34134.901,791 EUR-942
Gold5 minn/a 1,84832.47669 EUR-651

Charts

Results by run

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// RSI Pullback Trend Bracket
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Trend
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

ema = ExponentialAverage[200](close)
myRsi = RSI[10](close)
myAtr = AverageTrueRange[14](close)

17 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

EMARSIATR
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 Pullback Trend Bracket 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 8 market and timeframe combinations. The best run was S&P 500, Daily, with a profit factor of 1.77 over 145 trades.

How large was the drawdown?

The best run had a maximum drawdown of 905 EUR at the tested position size, against a net result of 4,070 EUR.

Does it trade long, short or both?

It trades both long and short.

Related

Strategies like this one

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

CCI Sign With EMA Alignment

Best run on the same market, S&P 500.

1.23 PF · 1,253 trades

Supertrend Flip With SMA Filter

Also a trend strategy.

1.77 PF · 422 trades

Want strategies that are already part of a live portfolio? Join the ProRealAlgos waitlist.

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