Strategies / Momentum / Composite Momentum Oscillator Crossover (long only)

Composite Momentum Oscillator Crossover (long only)

The strategy buys when a smoothed composite momentum oscillator crosses above 50 and sells when it crosses below 70. The composite blends Bollinger %B, up and down bar balance, and money flow readings.

MomentumLong onlyIntradayNasdaq 10030 min

2.11Profit factor

26,768Net profit EUR

65.10%Win rate

149Trades

-6,149Max drawdown

180Avg trade

Best run of 60. Nasdaq 100, 30 min, spread 3, from run pf:2026-10-05-NAS100-30m.tsv:5.

Entry rules, long

Volume is above zero.

Exit rules

The composite momentum line crosses below 70.

Test conditions

Period	Up to 2026-10-05
Instrument	Nasdaq 100, 30 minutes
Spread	3 points
Starting capital	1,000,000
Costs	Spread only. Commissions and overnight financing are not included.
Bars	Up to 200,000 bars, fewer where the instrument has less history
Last tested	2026-10-07

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
Nasdaq 100Best run	30 min	2.11	149	65.10	26,768 EUR	-6,149
USD/JPY	Daily	n/a	7	71.43	605,670 USD	-269,530
USD/JPY	10 min	n/a	242	59.92	538,530 USD	-217,670
USD/JPY	30 min	n/a	268	54.48	526,800 USD	-326,470
USD/JPY	15 min	n/a	247	60.32	526,480 USD	-191,570
USD/JPY	1 hour	n/a	175	56.57	434,430 USD	-417,200
Nikkei 225	Daily	n/a	7	85.71	55,600 USD	-11,480
Nikkei 225	4 hours	n/a	30	70.00	48,832 USD	-11,811
Nikkei 225	30 min	n/a	266	57.52	44,835 USD	-13,087
Nikkei 225	1 hour	n/a	109	60.55	44,430 USD	-13,835
Nikkei 225	15 min	n/a	433	54.27	35,338 USD	-15,579
Nikkei 225	5 min	n/a	371	56.33	34,249 USD	-15,334
Dow Jones	4 hours	n/a	30	73.33	31,564 EUR	-9,398
Dow Jones	Daily	n/a	6	100.00	27,539 EUR	-7,942
Nikkei 225	10 min	n/a	398	53.77	25,590 USD	-16,743
Dow Jones	15 min	n/a	199	59.30	24,231 EUR	-10,771
Nasdaq 100	4 hours	n/a	43	74.42	23,917 EUR	-5,672
Nasdaq 100	1 hour	n/a	101	69.31	23,463 EUR	-6,694
Nasdaq 100	Daily	n/a	5	100.00	23,299 EUR	-5,520
Nikkei 225	3 min	n/a	360	55.28	21,408 USD	-14,319
Nikkei 225	2 min	n/a	338	56.21	20,612 USD	-13,388
Dow Jones	1 hour	n/a	55	67.27	17,571 EUR	-11,305
Nasdaq 100	15 min	n/a	250	60.00	17,356 EUR	-6,950
DAX 40	1 hour	n/a	66	65.15	16,849 EUR	-5,810
Dow Jones	30 min	n/a	107	62.62	16,366 EUR	-11,361
DAX 40	4 hours	n/a	39	66.67	15,909 EUR	-5,779
DAX 40	15 min	n/a	180	63.33	15,533 EUR	-5,677
Nasdaq 100	10 min	n/a	276	60.14	15,345 EUR	-6,075
Dow Jones	10 min	n/a	258	52.71	14,379 EUR	-8,729
DAX 40	Daily	n/a	4	100.00	14,047 EUR	-5,511
Dow Jones	5 min	n/a	312	55.77	13,780 EUR	-7,943
DAX 40	30 min	n/a	89	60.67	13,542 EUR	-5,839
Nikkei 225	1 min	n/a	335	55.22	13,395 USD	-11,097
Nasdaq 100	5 min	n/a	309	56.31	9,903 EUR	-6,262
DAX 40	10 min	n/a	204	57.84	8,628 EUR	-4,764
Dow Jones	2 min	n/a	286	54.20	7,028 EUR	-4,303
DAX 40	5 min	n/a	288	52.43	6,407 EUR	-4,312
Dow Jones	1 min	n/a	277	55.60	6,283 EUR	-3,577
Nasdaq 100	2 min	n/a	307	53.09	5,640 EUR	-3,960
S&P 500	4 hours	n/a	44	72.73	5,002 EUR	-1,314
S&P 500	1 hour	n/a	78	67.95	4,924 EUR	-1,490
S&P 500	30 min	n/a	126	69.05	4,812 EUR	-1,362
S&P 500	Daily	n/a	5	100.00	4,660 EUR	-1,238
S&P 500	15 min	n/a	239	61.92	4,250 EUR	-1,477
FTSE 100	30 min	n/a	101	57.43	3,847 EUR	-2,812
FTSE 100	10 min	n/a	230	59.13	3,740 EUR	-1,373
FTSE 100	Daily	n/a	7	85.71	3,579 EUR	-2,872
FTSE 100	1 hour	n/a	55	65.45	3,564 EUR	-2,883
S&P 500	10 min	n/a	266	57.14	3,476 EUR	-1,316
Gold	4 hours	n/a	55	61.82	3,164 EUR	-1,723
Gold	1 hour	n/a	168	54.17	2,715 EUR	-1,780
Gold	15 min	n/a	270	57.78	2,434 EUR	-1,219
FTSE 100	5 min	n/a	295	57.63	2,292 EUR	-1,320
Gold	10 min	n/a	284	57.04	2,106 EUR	-1,605
Gold	30 min	n/a	250	55.60	2,024 EUR	-1,716
Gold	5 min	n/a	301	60.47	1,999 EUR	-1,464
DAX 40	1 min	n/a	198	52.53	1,984 EUR	-1,779
S&P 500	5 min	n/a	272	58.46	1,836 EUR	-1,480
S&P 500	2 min	n/a	257	58.37	1,117 EUR	-559
S&P 500	1 min	n/a	196	54.59	1,060 EUR	-369

Charts

Results by run

Top 10 of 60 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Composite Momentum Oscillator Crossover (long only)
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long only
// Timeframe tested: 30 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

basis = Average[200](close)
dev = STD[200](close) * SQRT(200 / 199)
upperb = basis + dev
lowerb = basis - dev

70 more lines: the entry and exit rules.

Setup

How to load it

Copy the code with the copy button on the code block.
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".
Paste the code, give the system a name and save it.
Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

Bollinger BandsEMARSIVolume

Longer historyRe-run on up to 1,000,000 barsNasdaq 100 · 30 min · older data 452.10 EUR

On the long run with 228,000 bars the net result was 27,220 EUR, against 26,768 EUR on the standard 200,000-bar run. The older data alone gave 452 EUR.

Nasdaq 100 · 30 min

Bars available	228,000
Net, standard 200,000-bar run	26,768.20 EUR
Net, long run	27,220.30 EUR
Net on the older data alone	452.10 EUR

Read this firstKnown weaknesses2 points

The code sets no stop loss, so a losing trade stays open until an exit signal arrives.
Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run Composite Momentum Oscillator Crossover (long only) 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 60 market and timeframe combinations. The best run was Nasdaq 100, 30 minutes, with a profit factor of 2.11 over 149 trades.

How large was the drawdown?

The best run had a maximum drawdown of 6,149 EUR at the tested position size, against a net result of 26,768 EUR.

Does it trade long, short or both?

It only takes long trades.

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MA Slope Momentum

Also a momentum strategy.

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See how ProRealAlgos combines strategies like this into one automated portfolio.

Copy trading on US indices is available to ProRealAlgos members as spots open.

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.com Stats Docs