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Strategies / Trend / RSI Pullback Trend Continuation

RSI Pullback Trend Continuation

The strategy buys when the 50-bar EMA is above the 200-bar EMA, the close is above the 50-bar EMA, and RSI crosses above 50 after a 40 to 50 pullback. It exits when the 50-bar EMA crosses under the 200-bar EMA.

TrendLong onlySwingS&P 500Daily
n/aProfit factor
811Net profit EUR
34.97%Win rate
163Trades
-761Max drawdown
4.98Avg trade

Best run of 18. S&P 500, Daily, spread 1, from run sweeps:2026-10-11-USA500-D-opt.tsv:106.

Entry rules, long

  1. The 50-bar EMA is above the 200-bar EMA, and the close is above the 50-bar EMA.
  2. RSI(14) was between 40 and 50 at some point in the last 6 bars.
  4. The 14-bar ATR is more than 1.0 percent of the close.
  5. Buys one contract at market when flat, after bar 210.

Exit rules

  2. A stop is set at 2.0 times the 14-bar ATR from the entry, and a target at 4.0 times that ATR.

Test conditions

PeriodUp to 2026-10-11
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 tested2026-10-11

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
S&P 500Best runDailyn/a 16334.97811 EUR-761
Dow JonesDailyn/a 15540.0013,736 EUR-5,120
USD/JPYDailyn/a 8045.007,110 USD-4,710
US Crude Oil4 hoursn/a 11440.353,931 EUR-2,683
Nasdaq 1004 hoursn/a 2454.172,507 EUR-1,936
US Crude Oil30 minn/a 5543.641,527 EUR-1,077
Nikkei 2255 minn/a 1100.001,513 USD-693
GoldDailyn/a 13243.941,341 EUR-1,189
Brent Crude30 minn/a 3941.031,150 EUR-1,141
Dow Jones15 minn/a 1100.00998 EUR-84.50
USD/JPY4 hoursn/a 1100.00400 USD-0.00
DAX 4015 minn/a 1100.00359 EUR-162
S&P 5004 hoursn/a 1060.00337 EUR-159
FTSE 10030 minn/a 1100.00309 EUR-221
FTSE 10015 minn/a 1100.00240 EUR-232
S&P 5005 minn/a 1100.00230 EUR-87.78
S&P 5003 minn/a 1100.00226 EUR-158
S&P 50015 minn/a 1100.00104 EUR-4.87

Charts

Results by run

Top 10 of 18 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// RSI Pullback Trend Continuation
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Trend
// Direction: Long only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

emafast = ExponentialAverage[50](close)
emaslow = ExponentialAverage[200](close)
myRsi = RSI[14](close)
myAtr = AverageTrueRange[14](close)

20 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

ATREMARSI
Read this firstKnown weaknesses2 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The maximum drawdown of 761 EUR is large next to the net profit of 811 EUR.

Questions

About this strategy

Can I run RSI Pullback Trend Continuation 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 18 market and timeframe combinations. The best run by trade count was S&P 500, Daily, with 163 trades.

How large was the drawdown?

The best run had a maximum drawdown of 761 EUR at the tested position size, against a net result of 811 EUR.

Does it trade long, short or both?

It only takes long trades.

Related

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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