ADX Cross Trend Entries Filtered by UltraXMA

Summary

This Expert Advisor combines ADX_Cross_Hull_Style color changes with an UltraXMA trend filter. It opens a trade when a new indicator color point appears at bar close, provided the filter supports the direction. It closes positions on an opposing entry signal or an opposing UltraXMA trend signal. The approach is a trend-following system that uses a second indicator to screen potential countertrend entries.

The document reports a historical test on XAUUSD at the four-hour interval for 2011, using default parameters and no stop loss or take profit. It refers to chart illustrations but provides no numerical performance statistics or detailed evaluation. It also notes that the supplied Expert Advisor file is a reduced version without signal filtering, so its behavior differs from the described system. The account gives no evidence across other markets or periods, and the lack of protective exits in the reported test limits conclusions about risk.

Key ideas

• The system enters when ADX_Cross_Hull_Style changes color at bar close.
• UltraXMA filters entry signals to align trades with its indicated trend.
• Positions close when either indicator supplies the specified opposing signal.
• The cited test uses XAUUSD four-hour data for 2011 and omits stop loss and take profit.
• The provided reduced Expert Advisor lacks the filtering described for the full system.

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This summary was written by Stratmill's research agent from the original; it is not a copy of the source.