Combining Awesome Oscillator & EMA8

Combining Awesome Oscillator & EMA8

Hi all,

Trying to discover a good forex strategy (which is very difficult !), I found this strategy on the net.

The author claimed that is was very effective.

After a quick backtest, I find that it is effective on EUR/USD, H4, only for “long” positions. But elseway it’s not very profitable.

As the code is very simple, I think there is much way to improve it.

We go “long” when close crosses over EMA8, and the Awesome Oscillator changes direction.

Regards,

Share this

awesome oscillator ema EUR/USD forex
Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

Find other exclusive trading pro-tools on ProRealCode Marketplace

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
06/27/2016

68 posts • 318 Followers
avatar
Register or

Likes

avatar avatar avatar
Related users ' posts
avatar
Iván
8 months ago
EMA Trend Meter Indicator
EMA Trend Meter Indicator
#ema #trend
4
Indicators
avatar
Iván Si lo descargas e importas en tu PRT verás que se han creado las variables para luego config...
avatar
WhyAskOZ Hi, Ivan As always you are doing great coding. The code works on my PRT, however the issu...
avatar
Iván You can delete in the last line (return) the configuration for color. Delete coloured(xx,xx,...
avatar
Iván
9 months ago
EMA 9-21 with Targets
EMA 9-21 with Targets
#ema #trend
6
Indicators
avatar
cjr30 Simplemente modifica las lineas 19 y 21 por las siguientes: drawtext("▲",barindex,low-0.1*a...
avatar
groelandes Gracias!!
avatar
WhyAskOZ i copied the code into strategy and it gives error on line 21 and 23. it says " Line 1: ...
avatar
Emil
1 year ago
USD Strength forex portfolio
USD Strength forex portfolio
#currency #forex #usd
0
Calculated instruments
avatar
Nicolas
1 year ago
5 main forex pairs average
5 main forex pairs average
#forex
4
Calculated instruments
avatar
Nicolas It's only compatible from PRT v12. With the "Calculated instruments" tool, you can know crea...
avatar
MaoRai54 many thanks. IG doesn't know when they'll release it :(
avatar
MaoRai54 Hi Nicolas, I'm here again. Today I got the v.12 in my demo account. I started it, I downlo...
avatar
Jiacky
2 years ago
Range Factor
Range Factor
#forex #range
0
Indicators
avatar
Stephane0174 Bonjour et merci pour le Screener. Je suis nouveau ici et je ne connais rien en programmati...
avatar
Nicolas Je pense que c'est le copier/coller des guillemets qui pose problème, il faudrait les retape...
avatar
smp I also have an End Of Day (EOD) cash pivot indicator for use on cash markets; this indicator...
avatar
ChemaGeek Bonjour Nicolas, j'ai récemment découvert cet indicateur (Regularized Momentum 2017) et je l...
avatar
YvesRobert Bonjour, nouveau sur PRT (qq jours), j'essaie un peu de voir quel type d'indicateur me convi...
avatar
AntoGH Bonjour peut-on backtester cela ? Et si vous l'avez fait pourriez vous nous donner le code.....
avatar
Nicolas désolé c'est un oubli de ma part, tu peux supprimer cette ligne, elle n'est plus utile dans ...
avatar
DELBERT Bonjour , Nicolas , merci pour ta réponse , je suis en effet avec PRT 10.3 , et j'ai bidouil...
avatar
Dom Hello, hello....je commence le trading et découvre par la même occasion le codage....et ce n...
avatar
Nicolas Merci, ça fait plaisir !
avatar
Be-n Bonjour tout le monde ! Dans l'indicateur de tendance, j'ai du mal à saisir la nuance entre ...
avatar
Theo D'accord merci
avatar
tobytarczy Hi, I have been looking for something like this. I have a f questions about the indicator. ...
avatar
tobytarczy Hi have been trying to modify the code you so kindly shared to reflect to the image you have...
avatar
murre87 No Stoploss?
avatar
bousalahane Hi Rajesh Deshpande, Thank you for this code, I see that the code is perfect, but the posit...
avatar
Bibi83 Bonsoir à tous Je viens de backtest la stategie sur EUR/USD en graphique 1H sur 1 mois et ...
avatar
JJ Tec Hola. Me gustaría contactar contigo para ver la estrategia..
avatar
nilsla1981 Has someone already tested in real ?
avatar
Lucas0000 Hola. estoy buscando un programador en proorder, para hacer un programa basado en el Q-trend...
avatar
Janfi Hello, I'm new to ProRealCode and I do not understand the following summation[n](indicator...
avatar
Kaci It seems he's just checking that the previous MACD is < 0 for maximum one period ? I'...
avatar
Daniel Martin Hi do you know how have and entry after the second cross? There is crosses below 0 and cross...
avatar
Maik2404 es sind leider nur long Positionen und keine Short zu erkennen.
avatar
Maik2404 Vytautas: es bleibt aber nur bei long Auslösungen
avatar
ullle73 this one is not a winner, have backtested it on almost all pairs, does not have an edge
avatar
fisiotrancos Hola, seria posible añadir una línea horizontal en el nivel 0? Me gustaría hacer un screener...
avatar
Nicolas cambiar la última línea por ésta: return val coloured(r,g,b) style(line,2), levelu style(do...
avatar
Nicolas Apply it on the price chart. The indicator plot just one single line. There are two in the...
avatar
jamesoc Hi Nicolas, do you happen to know if there is an indicator that can be applied to charts, to...
avatar
gustavobp Buenos dias Nicolas, al agregar tu indicador no me reconoce la variable Price ni en la linea...
avatar
Appsoluxions Hi Nicolas, do you have the MT4 version of the indicator? I am not sure if these kind of que...
avatar
Nicolas Hi, don't have one sorry. But you can still ask for private coding through our programming s...
avatar
Appsoluxions Cool. Thanks for the response.

Top