AOEMA EURUSD 4H Strategy
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Hi Everyone,
I apologise in advance for probably not posting at the right place.
I have been doing a lot of checks on the below strategy that i found on the forum. Unfortunately i cannot remember where i found it as i renamed it as “AOEMA” for Awesome oscillator/Exponential moving average. It was easier for me to remember. I liked its simplicity and the regularity of the results.
I tried it on both long+ short or short only trades but i have a preference for the higher volume of chosing both (fees could prove me wrong?)
Given the parameters i created were back in Sept’19 and the strategy keeps behaving well, i am posting it in the hope that you can comment on it and maybe extend the check to a longer timeframe (100,000 in my version with spread of 0.7):
The results on 100,000 from beginning to today are attached.
//Strategy found on ProRealCode forum, mod Sharkool 22.09.19 //EURUSD/4H Defparam cumulateorders = false emavaleur=5 TP = 48 SL = 27 valeur = 39 test=3 EMA8 = exponentialaverage[emavaleur](close) AO = Average[test](medianprice) - Average[valeur](medianprice) IF AO > AO[1] and close crosses over EMA8 THEN buy at market ENDIF IF AO < AO[1] and close crosses under EMA8 THEN sellshort at market ENDIF set stop Ploss SL // ORIGINAL 0.75% set target Pprofit TP //ORIGINAL 1.5%Thank you
It is always interesting to separate out the long and short in to two strategies especially when there is position direction reversal in a strategy which can be potentially curve fitted to avoid bad trades in the other direction. So attached are the long only and short only equity curves for closing positions rather than reversing positions.
Sharkool thanked this postHello Sharkool
As desired 0.7 pips spread
by
Thanks for the feedback @Vonasi! I fear you are right.
Before i completely lose hope and bin it i’d like to indeed have a quick check with other parameters.
I have prepared the attached & below itf file + printscreen so that someone can run a check on 200,000.
There are 5 variables as per below:
emavaleur=emaval
TP = profits
SL = losses
valeur = averageval
test=triggertest
@Razz, it would be great if you could help me again on this one. If you are in Melbourne i surely owe you a good coffee for all the testings!Thanks in advance,
Defparam cumulateorders = false emavaleur=emaval TP = profits SL = losses valeur = averageval test=triggertest EMA8 = exponentialaverage[emavaleur](close) AO = Average[test](medianprice) - Average[valeur](medianprice) IF AO > AO[1] and close crosses over EMA8 THEN buy at market ENDIF IF AO < AO[1] and close crosses under EMA8 THEN sellshort at market ENDIF set stop Ploss SL // ORIGINAL 0.75% set target Pprofit TP //ORIGINAL 1.5%Test 100.00 Sorted By Profit Trades%
Sharkool thanked this postfurther back like 02.1.2000 I can not come with 200,000 units Sorry.
I did the walk forward maybe it will help you
Sharkool thanked this post
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Topic Details
| Forum: | ProOrder: Automated Strategies & Backtesting |
| Language: | English |
| Started: | 02/09/2020 |
| Status: | Active |
| Attachments: | 17 files |
