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Strategies / Mean reversion / Weekday Pullback Reversal Short

Weekday Pullback Reversal Short

It sells short on DayOfWeek 2 when the close is above its 10 period average and near the bar's high, and closes on DayOfWeek 3. The 14 period average true range must be at least its value 100 bars earlier.

Mean reversionShort onlySwingUS Crude OilDaily
1.30Profit factor
4,336Net profit EUR
52.13%Win rate
211Trades
-2,461Max drawdown
20.55Avg trade

Best run of 2. US Crude Oil, Daily, spread 5, from run pf:2026-10-10-CRUDE-D.tsv:14.

Entry rules, short

  1. DayOfWeek equals 2
  3. (close minus low) divided by (high minus low) is above 0.8
  4. The 14 period average true range is at least its value 100 bars earlier

Exit rules

  1. DayOfWeek equals 3, closing the short.

Test conditions

PeriodUp to 2026-10-10
InstrumentUS Crude Oil, Daily
Spread5 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 tested2026-10-10

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
US Crude OilBest runDaily1.30 21152.134,336 EUR-2,461
USD/JPYDaily2.07 1560.00246 USD-155

Charts

Results by run

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// Weekday Pullback Reversal Short
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Mean reversion
// Direction: Short only
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false
ONCE capital = 10000

21 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

ATRSMA
Read this firstKnown weaknesses2 points
  • The maximum drawdown of 2,461 EUR is large next to the net profit of 4,336 EUR.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run Weekday Pullback Reversal 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 2 market and timeframe combinations. The best run was US Crude Oil, Daily, with a profit factor of 1.30 over 211 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,461 EUR at the tested position size, against a net result of 4,336 EUR.

Does it trade long, short or both?

It only takes short 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