A long triggers when the close is more than 0.006 above the open of 8 bars ago, and a short when it is 0.006 below. Each trade has a 50 point stop and a 225 point target. An opposite signal reverses the trade.
Best run of 9. EUR/USD, 2 min, spread 1, from run pf:2026-09-24-EURUSD-2m.tsv:4.
| Period | Up to 2026-09-25 |
| Instrument | EUR/USD, 2 minutes |
| Spread | 1 points |
| Contracts | 1 |
| 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 | 2026-09-25 |
| positionSize Contracts per trade | 1 |
| lookbackPeriod Compare the close with the open this many bars ago | 8 |
| minMove Move must be larger than this, in price units | 0.006 |
| stopLossPoints Protective stop in points | 50 |
| takeProfitPoints Profit target in points | 225 |
Every run
| Market | Timeframe | PF | Trades | Win % | Net | Max DD |
|---|---|---|---|---|---|---|
| EUR/USDBest run | 2 min | 5.19 | 280 | 53.57 | 272,509 USD | -4,000 |
| EUR/USD | 3 min | 3.94 | 216 | 46.76 | 167,018 USD | -8,323 |
| EUR/USD | 5 min | 2.36 | 167 | 35.93 | 71,187 USD | -9,179 |
| USD/JPY | Daily | 1.29 | 5,832 | 27.14 | 5,959,250 JPY | -584,950 |
| EUR/USD | 10 min | n/a | 254 | 26.77 | 25,006 USD | -16,228 |
| GBP/USD | Daily | n/a | 5,375 | 21.41 | 24,855 USD | -14,293 |
| Silver | Daily | n/a | 2,509 | 29.61 | 19,609 USD | -12,943 |
| Dow Jones | Daily | n/a | 6,193 | 22.17 | 11,582 EUR | -6,851 |
| GBP/USD | 5 min | n/a | 68 | 26.47 | 818 USD | -713 |
Charts
Above 1.0 made money, below 1.0 lost money.
Longer history
EUR/USD 2 minutes had 996,000 bars, and the long run made USD 240,278 compared with USD 272,509 on the standard run, which means the older data alone lost USD 32,231.
| Bars available | 996,000 |
| Net, standard 200,000-bar run | 272,509.00 USD |
| Net, long run | 240,278.00 USD |
| Net on the older data alone | -32,231.00 USD |
The code
Every file in the library uses the same header, the same section order and the same variable names. The numbers above were produced by the original version before the rewrite, and the rewrite has not yet been compiled in ProRealTime.
// ============================================================ // Eight Bar Trend Follower // ProRealAlgos Strategy Library | prorealalgos.com // Type: Trend // Direction: Long & short // Timeframe tested: 2 minutes // ============================================================ // --- Settings --- DEFPARAM CumulateOrders = false // --- Parameters --- positionSize = 1 // contracts per trade lookbackPeriod = 8 // compare the close with the open this many bars ago minMove = 0.006 // move must be larger than this, in price units stopLossPoints = 50 // protective stop, points takeProfitPoints = 225 // profit target, points // --- Indicators --- priceMove = close - open[lookbackPeriod] bigMove = ABS(priceMove) > minMove
20 more lines: the entry and exit rules.
Read this first
Questions
Yes, it uses a simple price rule with fixed stop and target. Compile-check the rewritten code on demo first.
EUR/USD 2 minutes made USD 272,509.0 and 3 minutes USD 167,018.0 at a profit factor of 3.94. GBP/USD 5 minutes made only USD 818.4.
The best run had a max drawdown of USD 4,000.0 with 1 contract. EUR/USD 10 minutes had USD 16,228.0.
On 2 minute bars the 8 bar window is short, so the 0.006 threshold only catches fast bursts. On 5 and 10 minute bars the results were weaker.
Related
The ProRealAlgos community gets the full rules, the complete code and the automated portfolio.
