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Combining Moving Averages and Parabolic SAR for Trade Signals

Article MQL5 code base

Summary

This brief description introduces an Expert Advisor that bases trades on signals from two moving average indicators and one Parabolic SAR indicator. One moving average uses a daily timeframe setting that is fixed in the code. The stated example concerns opening a buy position, suggesting the indicators are combined to determine a long entry.

The document gives only a high-level description and does not spell out the signal conditions, indicator parameters beyond the daily setting, exit logic, position sizing, or risk controls. It provides no backtest or live-trading evidence, so the method cannot be evaluated or reproduced from this description alone. The attribution distinguishes the idea's author from the person who wrote the code.

Key ideas

  • The Expert Advisor uses two moving averages and Parabolic SAR to generate trade signals.
  • One moving average is configured to use the daily timeframe.
  • The description mentions a buy entry but omits its exact conditions and exit rules.
  • No performance evidence or risk-management details are supplied.

Tags

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