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Strategies / Trend / EMA Bull Power Trend

EMA Bull Power Trend

The strategy buys when an EMA based state and a bull power state both turn bullish, and sells short when both turn bearish. An open position closes when the two states no longer agree.

TrendLong & shortSwingS&P 500Daily
n/aProfit factor
1,945Net profit EUR
43.12%Win rate
1,672Trades
-1,063Max drawdown
1.16Avg trade

Best run of 6. S&P 500, Daily, spread 1, from run sweeps:2026-10-11-USA500-D-opt.tsv:128.

Entry rules, long

  1. The EMA state is +1 when the adjusted swing level falls below the previous close.
  2. The bull power state is +1 when the 15-bar average of the bull power value is above -15.

Entry rules, short

  1. The EMA state is -1 when the adjusted swing level rises above the previous close.
  2. The bull power state is -1 when the 15-bar average of the bull power value is at or below -15.

Exit rules

  1. An open position closes at market when the two states no longer agree.

Test conditions

PeriodUp to 2026-10-11
InstrumentS&P 500, Daily
Spread1 points
Starting capital1,000,000
CostsSpread only. Commissions and overnight financing are not included.
BarsUp to 200,000 bars, fewer where the instrument has less history
Last tested2026-10-11

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
S&P 500Best runDailyn/a 1,67243.121,945 EUR-1,063
Dow JonesDailyn/a 1,53349.8432,615 EUR-8,408
Nasdaq 100Dailyn/a 1,28246.8013,407 EUR-3,688
DAX 40Dailyn/a 1,49147.958,256 EUR-6,047
FTSE 100Dailyn/a 1,27750.043,834 EUR-3,153
GoldDailyn/a 1,56346.511,463 EUR-1,350

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// EMA Bull Power Trend
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Trend
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE posema = 0

xa = ExponentialAverage[14](close)
nhh = max(high, high[1])
nll = min(low, low[1])

69 more lines: the entry and exit rules.

Setup

How to load it

  1. Copy the code with the copy button on the code block.
  2. 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".
  3. Paste the code, give the system a name and save it.
  4. Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

EMASMA
Read this firstKnown weaknesses3 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The maximum drawdown of 1,063 EUR is large next to the net profit of 1,945 EUR.
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.

Questions

About this strategy

Can I run EMA Bull Power Trend 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 6 market and timeframe combinations. The best run by trade count was S&P 500, Daily, with 1,672 trades.

How large was the drawdown?

The best run had a maximum drawdown of 1,063 EUR at the tested position size, against a net result of 1,945 EUR.

Does it trade long, short or both?

It trades both long and short.

Related

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CCI Sign With EMA Alignment

Best run on the same market, S&P 500.

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ADX Filtered EMA Cross

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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.comStatsDocs