RSI70 breakout with ratchet trailing for NASDAQ 1h
Applies to CFD and spread betting. The strategy is tested on price data from CFD/spread betting (IG), not on futures.
A complete strategy for NASDAQ on the 1-hour chart, with an open explanation, key figures and ready-made ProRealTime code. It is free after registration and shows what the code files in the library look like.
How it works
- Buy (long) when RSI(14) crosses up through 70 — a momentum signal.
- Fixed stop at 2 % from the entry price.
- A ratchet trailing stop that follows the highest close at a distance of roughly 0.36 % of the price.
- One position at a time, 1 contract.
Key figures
Whole history 2018-01-15 – 2026-10-12 (ProfitFeed before IG, adjusted data), after financing. The figures are a basis, not a promise.
The code
The code is a plain ProBuilder text file with a header (spread, start date, expected figures). It has been compared with a real ProBacktest run on US Tech 100, 1 hour: 96 % of the trades in the IG period match and 98 % of them have the same exit.
Create a free account and download the code How to run it in ProRealTime →
A basis for your own studies and coding — not investment advice. Past results do not predict future results.