Strategies / Mean reversion / WaveTrend Crossover Long

WaveTrend Crossover Long

Buys when the WaveTrend fast line crosses above its signal line while below 20, with the stop at the lowest low of the signal bar and the two bars before it. The target sits 1.5 times the stop distance above entry.

Mean reversionLong onlySwingNasdaq 1001 hour

9.79Profit factor

27,100Net profit EUR

18.59%Win rate

425Trades

-6,233Max drawdown

63.76Avg trade

Best run of 48. Nasdaq 100, 1 hour, spread 3, from run pf:2026-10-13-NAS100-1h.tsv:1.

Entry rules, long

Line 1 is below 20.
Entries are only taken after bar 60.

Exit rules

The target sits 1.5 times that distance above entry.

Test conditions

Period	Up to 2026-10-13
Instrument	Nasdaq 100, 1 hour
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	2026-10-13

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
Nasdaq 100Best run	1 hour	9.79	425	18.59	27,100 EUR	-6,233
S&P 500	1 hour	9.08	259	26.25	6,217 EUR	-1,317
S&P 500	30 min	2.74	1,113	34.95	6,255 EUR	-1,319
Dow Jones	Daily	1.52	475	44.63	32,365 EUR	-5,626
USD/JPY	10 min	n/a	268	0.37	459,770 USD	-246,630
Nikkei 225	30 min	n/a	41	21.95	59,843 USD	-12,879
Nikkei 225	1 hour	n/a	27	22.22	59,696 USD	-12,691
Nikkei 225	15 min	n/a	208	26.92	45,250 USD	-13,076
Nikkei 225	10 min	n/a	287	24.39	38,293 USD	-12,992
Nikkei 225	3 min	n/a	90	27.78	31,103 USD	-13,081
Nikkei 225	5 min	n/a	260	32.69	29,371 USD	-13,126
Nasdaq 100	30 min	n/a	3	66.67	28,999 EUR	-6,277
Dow Jones	15 min	n/a	116	31.90	26,040 EUR	-8,376
DAX 40	Daily	n/a	9	22.22	24,710 EUR	-5,862
Nikkei 225	2 min	n/a	145	25.52	23,839 USD	-13,121
Nikkei 225	4 hours	n/a	930	39.46	19,915 USD	-11,234
Nasdaq 100	15 min	n/a	1,338	29.15	19,238 EUR	-6,288
DAX 40	30 min	n/a	1,097	36.92	18,488 EUR	-5,810
Silver	4 hours	n/a	1,174	37.99	17,430 USD	-12,139
DAX 40	1 hour	n/a	753	39.04	16,686 EUR	-5,810
Nasdaq 100	10 min	n/a	346	31.21	14,643 EUR	-6,298
DAX 40	4 hours	n/a	1,100	43.18	13,278 EUR	-3,560
US Crude Oil	Daily	n/a	450	44.89	12,985 EUR	-4,668
DAX 40	15 min	n/a	938	34.22	12,201 EUR	-5,814
Dow Jones	5 min	n/a	1,121	33.90	11,518 EUR	-8,419
Dow Jones	4 hours	n/a	349	41.55	11,020 EUR	-8,246
Nasdaq 100	5 min	n/a	1,129	30.29	8,773 EUR	-5,875
Dow Jones	30 min	n/a	2,818	39.53	8,766 EUR	-6,760
DAX 40	10 min	n/a	154	25.97	8,733 EUR	-4,802
Dow Jones	3 min	n/a	32	34.38	7,979 EUR	-7,426
DAX 40	5 min	n/a	292	27.05	6,957 EUR	-4,463
Nasdaq 100	4 hours	n/a	1,077	39.00	6,046 EUR	-4,443
Dow Jones	1 min	n/a	82	30.49	5,890 EUR	-4,166
S&P 500	15 min	n/a	106	21.70	4,878 EUR	-1,319
FTSE 100	1 hour	n/a	540	40.56	4,434 EUR	-3,076
FTSE 100	30 min	n/a	538	37.17	4,138 EUR	-3,080
FTSE 100	4 hours	n/a	1,075	40.65	3,950 EUR	-2,816
S&P 500	10 min	n/a	18	27.78	3,608 EUR	-1,323
Gold	1 hour	n/a	406	33.50	3,345 EUR	-1,599
S&P 500	5 min	n/a	276	26.81	2,508 EUR	-1,332
S&P 500	Daily	n/a	492	36.99	2,277 EUR	-1,321
Gold	10 min	n/a	422	24.88	2,012 EUR	-1,629
FTSE 100	3 min	n/a	12	33.33	1,930 EUR	-1,372
FTSE 100	5 min	n/a	506	20.55	1,879 EUR	-1,320
S&P 500	3 min	n/a	110	22.73	1,810 EUR	-1,219
Gold	4 hours	n/a	1,110	41.98	1,668 EUR	-952
Gold	Daily	n/a	540	43.33	1,561 EUR	-1,162
S&P 500	4 hours	n/a	1,044	38.22	1,388 EUR	-920

Charts

Results by run

Top 10 of 48 runs. The full list is in the table above.

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// WaveTrend Crossover Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Long only
// Timeframe tested: 1 hour
// ==============================================================

DEFPARAM CumulateOrders = false

ap = TypicalPrice
esa = ExponentialAverage[10](ap)
dev = ABS(ap - esa)
dd = ExponentialAverage[10](dev)

18 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

EMASMA

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 WaveTrend Crossover 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 48 market and timeframe combinations. The best run was Nasdaq 100, 1 hour, with a profit factor of 9.79 over 425 trades.

How large was the drawdown?

The best run had a maximum drawdown of 6,233 EUR at the tested position size, against a net result of 27,100 EUR.

Does it trade long, short or both?

It only takes long trades.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

Volatility Spike Regression Long

Best run on the same market, Nasdaq 100.

1.22 PF · 1,850 trades

ATR Band

Also a mean reversion strategy.

10.31 PF · 53 trades

Get the full rules, the complete code and the ProRealAlgos portfolio as a member.

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