MT4 Forex News Indicator
Trend folowing trading strategy “EMA & Awesome Oscillator” is designed mainly for Forex and can be used on all currency pairs on any time-frame. Its rules state that:
A trader should place a buy order when price cross 200 ema from bellow and Awesome Oscillator shows a green bar or above zero value. A sell order should be placed when price cross zero value from above and Awesome Oscillator shows a red bar or bellow zero value.
For more information please refer to https://forextradingstrategies4u.com/rsi-forex-trading-strategy-with-awesome-oscillator/
For our test, we have used a Trailing Stop in 30 Pips which is launched after a trade has started and is modified each new 1 pip of profit. From our point of view, such approach allows to maximize profit and minimize drawdown. We have run the test for 2010.01.01-2018.12.31 using Control Points modelling on EURGBP-H1, with 1:10 leverage, without reinvestment, assuming spread equals 10 ticks, with starting balance $10,000. These are the main parameters of financial performance, that may allow you to evaluate whether this strategy worth your attention or not:
|ROI||# of trades||Winning ratio||Max. drawdown|
The following charts may give some possible insights on which filters to apply (time sessions, day of week limitation, trend strength threshold, overbought/oversold conditions, volatility range) to turn this strategy profitable should you decide to use this strategy in your investment portfolio:
1.“EMA & Awesome Oscillator” trading strategy has produced 19.17% annualized ROI during 2010–2018 years using 1:10 leverage. Maximum drawdown was 48.26%.
2. We have analyzed data received from a test of “EMA & Awesome Oscillator” trading strategy during 2010–2018 years and applied some filters such as ADX and Volume. As a result, the profitability of the strategy has increased from 19.17% up to 32.21% and its drawdown has reduced from 48.26% to 40.63% using leverage 1:10. Reducing the drawdown has allowed us to increase the leverage up to 1:16, which in turn, has resulted in annualized ROI increase up to 57.5%!
If you decide to buy an EA, coded in accordance with the strategy and used for the test, or to make any amendments to the original strategy rules – please, feel free to contact us.
Our company specializes on automated trading systems and trading indicators development for the most popular trading platforms, such as MetaTrader 4/5, NinjaTrader 7/8 and cTrader.
If you need your own automated trading software designed based on your individual requirements, make a request for a free consultation with our team of professional programmers and find out the cost and terms of your project development.
More detailed info about our services for particular trading platform you can get at the following pages of our web-site:
MetaTrader 4/5 https://www.nordman-algorithms.com/metatrader-programming