Universal Awesome Oscillator
(UAO) Automated Strategy

The Universal Awesome Oscillator indicator created by Bill Williams and published in his book "New Trading Dimensions: Hot to Profit from Chaos in Stocks, Bonds and Commodities" in 1998.

Specifically, it looks at the last five bars in comparison with the wider time frame of the previous 34 bars. The value of the Awesome Oscillator indicator is calculated as the difference between moing averages over these two time periods, this difference is drawn out as a histogram.

This becomes "Universal" because the histogram is simply the difference between 2 moving averages and each of these are completely customisable. Histograms have 2 entry signals that has been implemented into the strategy, these 2 entry signals can be used to re-enter or exit also 8 possible combinations. Fully automated strategy including any of the optional exit methods, trailing, TP's, SL's.

NT8 UAO Strategy

NT8 UAO Strategy

Universal Awersome Oscillator automated trading strategy for Ninjatrader 8. Fully customisable histogram, select from multiple moving average types for both Fast and Slow Moving Average. Trade the popular histogram signals with 8 combinations. The strategy has 2 entry, re-entry and exit methods, plus add additional moving average slope filter to filter out whipsaws. As with all strategies add optional exits, stoploss, breakeven, takeprofits and trailing methods. Order entries include @Market or StopOrders.

previous arrow
next arrow
Slider

Strategy Concept

Histogram Entries

  1. Histogram Crossover Zeroline
  2. Histogram Rising/Falling
  3. Optional Additional Moving Average Trend Filter
  4. Re-Enter on any of the above.
  5. Exit Trades on any of the above.

Optional Entry/Exits

  1. Stop Orders & Market Entries
  2. 3 Histogram Exit Methods
  3. 4 Stoploss methods + Breakeven
  4. 5 Profit Target Methods
  5. 4 Trailing Types

Other Options

Setup re-entry rules after taking profit to enter again in same trend. Choose from upto 5 TP's with 4 different calculations.

Fully Backtestable through Playback, Strategy analuzer and on chart history.

Strategy Features

UAO Trading Signals

2 Entry, 3 Exit and 3 Re-Entry Rules. 18 unique Strategy Combinations.

  • Histogram Crossover Zeroline (Entry/Re-Entry/Exit)
  • Histogram Rising/Falling (Entry/Re-Entry/Exit)
  • MA Trend Line Filter (Entry Filter/Re-Entry Slope, Exit on Slope change)
Shadow
Slider
Shadow
Slider

Stoploss Methods

4 stoploss methods available.

  • Fixed Ticks Distance
  • Fixed Percentage at Market Price
  • ATR (Average True Range) Volatility.
  • Pivot Stoploss: Place the stop on the previous bar(s) high or low based on X-bar lookback period.

Breakeven Methods

  • Fixed Ticks Distance to set breakeven +/- offset
  • Ratio of stoploss distance i.e set BE trigger 2:1 of stoploss

TakeProfit Methods

5 Takeprofit methods + upto 5 Profit Targets

  • Multi Profit Targets upto 5 TP's and runner option
  • Fixed Ticks Distance
  • Fixed Percentage at Market Price
  • ATR (Average True Range) Volatility.
  • Risk Reward Profit Target: Based on the distance of the stoploss multiplied by Reward ratio.
Shadow
Slider
Fixed Ticks
Bar Trailing
Moving Average Trailing
Moving Average Trailing Properties
All Trailing Methods
Shadow
Slider

Trailing Methods

4 trailing methods available.

  • Standard Ticks Trailing: Similar to how ATM trailing works by ticks. 
  • Percentage Trailing: Not available through ATM's and can be backtested.
  • Moving Average Trailing: Also not available on ATM's and can be backtested.
  • Bar-by-Bar Trailing: Set lookback period of highs/lows, when profit trigger reached trail to the last high/low within the specified lookback period.

Media

  • UAO Indicator 1
  • UAO Indicator 2
  • UAO Indicator 3
  • UAO Strategy 1
  • UAO Strategy 2
  • UAO Strategy 3
  • UAO Strategy 4
  • UAO Strategy 5

Pricing Plans

UAO Live Trial

£50 /Trial

  • Try out the UAO strategy 14 Day Trial
  • No restrictions. Any Market. Live Trial.
  • £50 discount when upgrade to yearly or lifetime subscription
  • 1 Licence

UAO Yearly Subscription

£450£495 /Year

  • UAO Strategy Yearly subscription
  • £50 discount when upgrade from 14 day trial
  • 2 Licences
  • Upgrades and updates all free.
  • Member priority for additional coding requests to strategy.

UAO Lifetime Licence

£995£1150 /Life

  • UAO Strategy for Life.
  • £50 discount when upgrade from 14 day trial
  • 2 Licences
  • Upgrades and updates all free for life.
  • Highest priority for additional coding requests to strategy.

Risk Disclosure:

Futures, Options, Forex and cryptocurrency trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

© 2021 AlgoNinja. All Rights Reserved.