Strategies / Momentum / Two Up Bars Volume Long

Two Up Bars Volume Long

The strategy buys after two consecutive bars that close above their open, with volume above its 20-bar average and the second bar having more volume than the first. The only exit is a fixed take profit 0.11% above entry, with no stop loss.

MomentumLong onlyIntradayNasdaq 10030 min

n/aProfit factor

16,787Net profit EUR

99.91%Win rate

1,085Trades

-6,182Max drawdown

15.47Avg trade

Best run of 54. Nasdaq 100, 30 min, spread 3, from run sweeps:2026-10-11-NAS100-30m-opt.tsv:36.

Entry rules, long

The previous bar closed above its open, and its volume was above the current 20-bar volume average.
No long position is open, and signals start after bar 21.

Exit rules

There is no stop loss.

Test conditions

Period	Up to 2026-10-11
Instrument	Nasdaq 100, 30 minutes
Spread	3 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	2026-10-11

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
Nasdaq 100Best run	30 min	n/a	1,085	99.91	16,787 EUR	-6,182
USD/JPY	30 min	n/a	448	99.78	538,030 USD	-256,720
USD/JPY	1 hour	n/a	436	99.77	510,740 USD	-247,020
USD/JPY	4 hours	n/a	291	99.66	361,850 USD	-163,050
USD/JPY	10 min	n/a	249	99.60	316,470 USD	-246,630
USD/JPY	Daily	n/a	225	99.56	283,820 USD	-74,850
USD/JPY	15 min	n/a	206	99.51	250,960 USD	-245,470
Nikkei 225	15 min	n/a	580	100.00	30,644 USD	-11,910
Nikkei 225	30 min	n/a	591	100.00	25,123 USD	-9,218
Dow Jones	15 min	n/a	575	99.83	23,644 EUR	-11,344
Nikkei 225	3 min	n/a	432	99.77	21,023 USD	-13,086
Dow Jones	30 min	n/a	530	99.81	19,835 EUR	-11,282
Nikkei 225	5 min	n/a	403	99.75	19,189 USD	-12,527
Nikkei 225	10 min	n/a	428	99.77	18,686 USD	-11,964
Dow Jones	1 hour	n/a	494	99.80	17,953 EUR	-11,006
Nasdaq 100	15 min	n/a	1,044	99.90	17,913 EUR	-6,189
Dow Jones	10 min	n/a	386	99.74	15,461 EUR	-8,379
Nasdaq 100	1 hour	n/a	993	100.00	15,342 EUR	-5,833
DAX 40	1 hour	n/a	831	99.88	14,939 EUR	-5,764
Dow Jones	5 min	n/a	343	99.71	14,506 EUR	-8,404
Nikkei 225	2 min	n/a	287	99.65	14,070 USD	-12,585
DAX 40	30 min	n/a	742	99.87	12,590 EUR	-5,778
Nikkei 225	1 hour	n/a	337	100.00	11,935 USD	-11,692
Nasdaq 100	5 min	n/a	454	99.78	11,557 EUR	-5,875
DAX 40	15 min	n/a	609	99.84	11,144 EUR	-5,782
Nasdaq 100	10 min	n/a	499	99.80	11,030 EUR	-6,199
Nasdaq 100	3 min	n/a	315	99.68	8,779 EUR	-5,692
DAX 40	10 min	n/a	417	99.76	8,111 EUR	-4,474
DAX 40	5 min	n/a	355	99.72	7,001 EUR	-4,349
Nasdaq 100	2 min	n/a	206	99.51	5,805 EUR	-3,759
Nasdaq 100	1 min	n/a	203	99.51	5,751 EUR	-3,760
Dow Jones	1 min	n/a	141	99.29	4,806 EUR	-4,161
FTSE 100	30 min	n/a	480	99.79	4,503 EUR	-3,081
FTSE 100	1 hour	n/a	429	99.77	3,797 EUR	-2,971
S&P 500	30 min	n/a	770	100.00	3,720 EUR	-1,314
S&P 500	15 min	n/a	698	99.86	3,717 EUR	-1,318
S&P 500	1 hour	n/a	715	99.86	3,398 EUR	-1,295
FTSE 100	10 min	n/a	359	99.72	3,182 EUR	-1,214
FTSE 100	4 hours	n/a	346	100.00	3,004 EUR	-1,265
S&P 500	10 min	n/a	469	99.79	2,969 EUR	-1,311
FTSE 100	5 min	n/a	289	99.65	2,531 EUR	-1,260
S&P 500	5 min	n/a	375	99.73	2,495 EUR	-1,332
DAX 40	1 min	n/a	138	99.28	2,354 EUR	-1,738
Nasdaq 100	Daily	n/a	156	100.00	2,345 EUR	-669
Gold	15 min	n/a	800	99.88	1,645 EUR	-1,260
FTSE 100	3 min	n/a	171	99.42	1,502 EUR	-1,336
S&P 500	3 min	n/a	188	99.47	1,403 EUR	-1,338
US Crude Oil	Daily	n/a	175	100.00	1,294 EUR	-430
Gold	30 min	n/a	709	99.86	1,189 EUR	-1,157
S&P 500	2 min	n/a	133	99.25	1,019 EUR	-695
Nasdaq 100	4 hours	n/a	65	100.00	979 EUR	-299
S&P 500	1 min	n/a	123	99.19	949 EUR	-396
Gold	4 hours	n/a	324	100.00	828 EUR	-723
S&P 500	Daily	n/a	130	100.00	577 EUR	-302

Charts

Results by run

Top 10 of 54 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Two Up Bars Volume Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: 30 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

volma = Average[20](Volume)

10 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

SMAVolume

Read this firstKnown weaknesses2 points

No profit factor is available, because only sweep results exist for this strategy.
Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run Two Up Bars Volume 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 54 market and timeframe combinations. The best run by trade count was Nasdaq 100, 30 minutes, with 1,085 trades.

How large was the drawdown?

The best run had a maximum drawdown of 6,182 EUR at the tested position size, against a net result of 16,786 EUR.

Does it trade long, short or both?

It only takes long trades.

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

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.com Stats Docs