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Strategies / Momentum / Triple Filter Momentum Entry

Triple Filter Momentum Entry

Buys from flat when the QQE Mod histogram turns positive, the close is above the SSL Hybrid baseline and channel, and a Waddah Attar explosion is up. Shorts mirror these rules, and trades exit when the SSL exit line crosses against them.

MomentumLong & shortSwingUSD/JPYDaily
4.26Profit factor
890,480Net profit USD
3.47%Win rate
893Trades
-114,900Max drawdown
997Avg trade

Best run of 4. USD/JPY, Daily, spread 1, from run pf:2026-10-12-USDJPY-D.tsv:8.

Entry rules, long

  2. The close is above the SSL Hybrid baseline and its upper channel (baseline plus 0.2 times the 60-period EMA of true range).
  3. The Waddah Attar up-bar value is above 4 times the 20-period standard deviation.
  4. Only when no position is open.

Entry rules, short

  2. The close is below the SSL Hybrid baseline and its lower channel (baseline minus 0.2 times the 60-period EMA of true range).
  3. The Waddah Attar down-bar value is above 4 times the 20-period standard deviation.
  4. Only when no position is open.

Exit rules

  2. A short closes when the close crosses above the SSL exit line while the close is below the entry price.
  3. A stop sits at the distance from the signal close to the 10-bar swing low (or high for shorts).

Test conditions

PeriodUp to 2026-10-12
InstrumentUSD/JPY, 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 tested2026-10-12

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
USD/JPYBest runDaily4.26 8933.47890,480 USD-114,900
Brent CrudeDailyn/a 20271.7814,459 EUR-4,622
Dow Jones1 hourn/a 1,59059.067,403 EUR-7,106
Gold4 hoursn/a 1,21661.271,779 EUR-607

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Triple Filter Momentum Entry
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Momentum
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE longband = 0
ONCE shortband = 0
ONCE trend = 1
ONCE hlv = 0
ONCE dist = 0

rsia = RSI[6](close)
rsimaa = ExponentialAverage[6](rsia)
atrrsia = abs(rsimaa[1] - rsimaa)
maatra = ExponentialAverage[11](atrrsia)
dara = ExponentialAverage[11](maatra) * 3
newlong = rsimaa - dara
newshort = rsimaa + dara
lbprev = longband
sbprev = shortband

103 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

RSIEMAWMAHull MATrue RangeBollinger BandsStandard Deviation
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 Triple Filter Momentum Entry 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 4 market and timeframe combinations. The best run was USD/JPY, Daily, with a profit factor of 4.26 over 893 trades.

How large was the drawdown?

The best run had a maximum drawdown of 114,900 USD at the tested position size, against a net result of 890,480 USD.

Does it trade long, short or both?

It trades both long and short.

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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.comStatsDocs