TEMA OBOS Strategy Pakun by PakunFX
By PakunFX
Performance Metrics
- Author: PakunFX
- Symbol: BITSTAMP:BTCUSD
- Timeframe: 5 minutes
- Net P&L: +1,641.20 USD (+23.45%)
- Win Rate: 44.4%
- Profit Factor: 1.817
- Max Drawdown: 328.04 USD (4.54%)
- Total Trades: 81
- Sharpe Ratio: 0.195
Description
TEMA OBOS StrategyOverviewThis strategy combines a trend-following approach using the Triple Exponential Moving Average (TEMA) with Overbought/Oversold (OBOS) indicator filtering.By utilizing TEMA crossovers to determine trend direction and OBOS as a filter, it aims to improve entry precision.This strategy can be applied to markets such as Forex, Stocks, and Crypto, and is particularly designed for mid-term timeframes (5-minute to 1-hour charts).Strategy ObjectivesIdentify trend direction using TEMAUse OBOS to filter out overbought/oversold conditionsImplement ATR-based dynamic risk managementKey Features1. Trend Analysis Using TEMAUses crossover of short-term EMA (ema3) and long-term EMA (ema4) to determine entries.ema4 acts as the primary trend filter.2. Overbought/Oversold (OBOS) FilteringLong Entry Condition: up > down (bullish trend confirmed)Short Entry Condition: up down (bullish trend)Execute a buy positionShort Entry (Sell Entry)ema3 crosses below ema4 (Death Cross)OBOS indicator confirms up < down (bearish trend)Execute a sell positionTake Profit (TP)Entry Price + (ATR × TP Multiplier) (Default: 5)Stop Loss (SL)Entry Price - (ATR × SL Multiplier) (Default: 2)TP/SL settings are fully customizable to fine-tune risk management.Risk Management ParametersThis strategy emphasizes proper position sizing and risk control to balance risk and return.Trading Parameters & ConsiderationsInitial Account Balance: $7,000 (adjustable)Base Currency: USDOrder Size: 10,000 USDPyramiding: 1Trading Fees: $0.94 per tradeLong Position Margin: 50%Short Position Margin: 50%Total Trades (M5 Timeframe): 128Deep Test Results (2024/11/01 - 2025/02/24)BTCUSD-5MTotal P&L：+1638.20USDMax equity drawdown：694.78USDTotal trades：128Profitable trades:44.53Profit factor:1.45These settings aim to protect capital while maintaining a balanced risk-reward approach.Visual SupportTEMA Lines (Three EMAs)Trend direction is indicated by color changes (Blue/Orange)ema3 (short-term) and ema4 (long-term) crossover signals potential entriesOBOS HistogramGreen → Strong buying pressureRed → Strong selling pressureBlue → Possible trend reversalEntry & Exit MarkersBlue Arrow → Long Entry SignalRed Arrow → Short Entry SignalTake Profit / Stop Loss levels displayedStrategy Improvements & UniquenessThis strategy is based on indicators developed by "l_lonthoff" and "jdmonto0", but has been significantly optimized for better entry accuracy, visual clarity, and risk management.Enhanced Trend Identification with TEMADetects early trend reversals using ema3 & ema4 crossoverReduces market noise for a smoother trend-following approachImproved OBOS FilteringPrevents excessive tradingReduces unnecessary risk exposureDynamic Risk Management with ATR-Based TP/SLNot a fixed value → TP/SL adjusts to market volatilityFully customizable ATR multiplier settings(Default: TP = ATR × 5, SL = ATR × 2)SummaryThe TEMA + OBOS Strategy is a simple yet powerful trading method that integrates trend analysis and oscillators.TEMA for trend identificationOBOS for noise reduction & overbought/oversold filteringATR-based TP/SL settings for dynamic risk managementBefore using this strategy, ensure thorough backtesting and demo trading to fine-tune parameters according to your trading style.