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Strategies / Mean reversion / RSI Zone Entries Long Short

RSI Zone Entries Long Short

When flat, buys when RSI(14) is above 18 and at or below 27, and sells short when RSI(14) is at or above 68 and below 80. Each trade has a 1.2% stop loss and a 0.6% profit target from the fill price.

Mean reversionLong & shortSwingFTSE 100Daily
n/aProfit factor
1,734Net profit EUR
66.17%Win rate
609Trades
-1,506Max drawdown
2.85Avg trade

Best run of 4. FTSE 100, Daily, spread 2, from run sweeps:2026-10-11-FTSE100-D-opt.tsv:75.

Entry rules, long

  2. Signals are only checked after bar 20, and only when no position is open.

Entry rules, short

  2. Signals are only checked after bar 20, and only when no position is open.

Exit rules

  2. A 0.6% profit target from the fill price closes the trade.

Test conditions

PeriodUp to 2026-10-11
InstrumentFTSE 100, Daily
Spread2 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
FTSE 100Best runDailyn/a 60966.171,734 EUR-1,506
USD/JPY2 minn/a 9272.83154,060 USD-73,810
Dow Jones3 minn/a 45568.799,484 EUR-8,514
Dow Jones2 minn/a 24170.127,559 EUR-4,741

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// RSI Zone Entries Long Short
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

myRsi = RSI[14](close)

16 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

RSI
Read this firstKnown weaknesses2 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The maximum drawdown of 1,506 EUR is large next to the net profit of 1,734 EUR.

Questions

About this strategy

Can I run RSI Zone Entries Long Short 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 4 market and timeframe combinations. The best run by trade count was FTSE 100, Daily, with 609 trades.

How large was the drawdown?

The best run had a maximum drawdown of 1,506 EUR at the tested position size, against a net result of 1,734 EUR.

Does it trade long, short or both?

It trades both long and short.

Related

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Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

DAX Survivor

Best run on the same market, FTSE 100.

1.17 PF · 1,514 trades

ATR Band

Also a mean reversion strategy.

10.31 PF · 53 trades

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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