Strategies / Trend / EMA Filtered Oscillator Long

EMA Filtered Oscillator Long

Buys when the close is above the 125, 680 and 2500 period EMAs while a linear regression oscillator is below zero and rising. Closes the long when the close is above 1.012 times the entry price and the oscillator is falling.

TrendLong onlySwingGold4 hours

1.52Profit factor

2,235Net profit EUR

52.73%Win rate

275Trades

-405Max drawdown

8.13Avg trade

Best run of 45. Gold, 4 hours, spread 0.6, from run pf:2026-10-05-GOLD-4h.tsv:3.

Entry rules, long

The close is above the 125, 680 and 2500 period EMAs.
Enter long at market when not already long and both conditions above are met.
A stop loss 1.8 percent below the fill price is set on entry.

Exit rules

The 1.8 percent stop loss can also close the trade.

Test conditions

Period	Up to 2026-10-05
Instrument	Gold, 4 hours
Spread	0.6 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	2026-10-05

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
GoldBest run	4 hours	1.52	275	52.73	2,235 EUR	-405
USD/JPY	10 min	1.46	126	67.46	485,160 USD	-111,890
Silver	15 min	1.28	677	53.91	26,625 USD	-4,865
Brent Crude	2 min	1.27	299	58.86	5,195 EUR	-1,169
Brent Crude	3 min	1.23	357	58.26	5,226 EUR	-1,195
USD/JPY	30 min	n/a	263	60.08	374,710 USD	-198,010
USD/JPY	15 min	n/a	142	62.68	282,650 USD	-150,650
USD/JPY	4 hours	n/a	147	57.14	280,810 USD	-191,580
USD/JPY	Daily	n/a	72	47.22	267,610 USD	-242,630
USD/JPY	2 min	n/a	26	69.23	133,150 USD	-67,400
EUR/USD	2 min	n/a	27	37.04	78,457 USD	-32,580
EUR/USD	4 hours	n/a	161	57.76	34,455 USD	-29,468
Silver	4 hours	n/a	274	42.34	18,515 USD	-8,353
Nikkei 225	30 min	n/a	661	56.58	17,558 USD	-6,926
Nikkei 225	10 min	n/a	377	58.62	17,060 USD	-9,242
Nikkei 225	3 min	n/a	216	61.11	15,874 USD	-12,355
Nikkei 225	5 min	n/a	259	60.62	15,603 USD	-11,449
Dow Jones	Daily	n/a	283	45.23	14,948 EUR	-5,235
Dow Jones	15 min	n/a	257	61.09	13,624 EUR	-4,709
Silver	10 min	n/a	584	52.57	13,280 USD	-7,370
Dow Jones	30 min	n/a	205	60.98	12,541 EUR	-4,674
Silver	1 hour	n/a	737	46.40	11,698 USD	-9,696
Dow Jones	4 hours	n/a	86	60.47	10,641 EUR	-3,706
Nasdaq 100	15 min	n/a	468	60.26	8,389 EUR	-3,930
Dow Jones	5 min	n/a	115	63.48	7,962 EUR	-4,708
Silver	5 min	n/a	452	55.53	7,168 USD	-6,688
Nasdaq 100	1 hour	n/a	652	57.21	6,736 EUR	-4,755
Nasdaq 100	30 min	n/a	688	58.14	6,457 EUR	-4,291
Brent Crude	1 hour	n/a	440	50.45	5,417 EUR	-2,200
Nasdaq 100	10 min	n/a	330	58.48	5,081 EUR	-3,407
Brent Crude	1 min	n/a	275	60.36	4,732 EUR	-2,219
Nasdaq 100	Daily	n/a	228	37.28	4,153 EUR	-3,421
Brent Crude	5 min	n/a	423	56.03	3,749 EUR	-2,407
US Crude Oil	2 min	n/a	342	57.31	3,725 EUR	-1,401
Gold	10 min	n/a	288	63.89	2,358 EUR	-795
US Crude Oil	3 min	n/a	386	55.18	2,261 EUR	-2,034
Gold	1 hour	n/a	554	55.78	1,999 EUR	-527
Gold	15 min	n/a	372	61.56	1,816 EUR	-957
Gold	5 min	n/a	237	64.98	1,648 EUR	-1,243
S&P 500	15 min	n/a	345	61.45	1,629 EUR	-896
Gold	30 min	n/a	536	57.09	1,611 EUR	-606
Gold	Daily	n/a	179	43.58	1,427 EUR	-416
FTSE 100	3 min	n/a	72	63.89	1,090 EUR	-761
S&P 500	30 min	n/a	520	59.42	1,018 EUR	-959
S&P 500	1 min	n/a	32	71.88	803 EUR	-508

Charts

Results by run

Top 10 of 45 runs. The full list is in the table above.

Above 1.0 made money, below 1.0 lost money.

The code

ProBuilder code, as tested

// ==============================================================
// EMA Filtered Oscillator Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Trend
// Direction: Long only
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

emaa = ExponentialAverage[125](close)
emab = ExponentialAverage[680](close)
emac = ExponentialAverage[2500](close)
myE = (Highest[20](high) + Lowest[20](low)) / 2 + Average[20](close)
src = close - myE / 2
osc = LinearRegression[20](src)

14 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

EMALinear RegressionSMA

Longer historyRe-run on up to 1,000,000 barsGold · 4 hours · older data 0.00 EUR

Gold had no history beyond the standard run, so both runs used 30,000 bars.

Gold · 4 hours

Bars available	30,000
Net, standard 200,000-bar run	2,234.80 EUR
Net, long run	2,234.80 EUR
Net on the older data alone	0.00 EUR

Read this firstKnown weaknesses2 points

Results include the spread only. Commissions and overnight financing are not included.
The code is published as it was backtested and has not been compiled again since.

Questions

About this strategy

Can I run EMA Filtered Oscillator Long 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 45 market and timeframe combinations. The best run was Gold, 4 hours, with a profit factor of 1.52 over 275 trades.

How large was the drawdown?

The best run had a maximum drawdown of 405 EUR at the tested position size, against a net result of 2,235 EUR.

Does it trade long, short or both?

It only takes long trades.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

CCI Breakout

Best run on the same market, Gold.

1.08 PF · 6,065 trades

EMA Crossover With Trend Filter (long and short)

Also a trend strategy.

1.52 PF · 221 trades

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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