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Combining Parabolic SAR, MACD, and SMA for 15-Minute Trade Signals

Article MQL5 code base

Summary

This brief strategy description uses 15-minute bars and combines Parabolic SAR, MACD, and a simple moving average. SAR provides the initial directional cue, while MACD is used as an early indication of direction. For a buy setup, the description looks for a recent shift in closes relative to the SMA alongside SAR moving below price. If SAR and MACD suggest a bullish move while the previous close remains below the SMA, it allows a five-bar window for price to close above the average. The sell logic is described in mirror-image terms, with bearish MACD confirmation and SAR moving above price.

The document offers only a textual explanation and references an example image; it provides no complete, unambiguous rule set, backtest, or performance evidence. The candle indexing and timing conditions are difficult to reconcile in places, so the precise signal sequence would need clarification before implementation. It also gives no position sizing, exit, or risk-management rules.

Key ideas

  • The described signals use 15-minute bars and combine Parabolic SAR, MACD, and an SMA.
  • SAR is treated as the first directional cue, with MACD providing directional confirmation.
  • A potential buy setup includes SAR moving below price and a recent close moving above the SMA.
  • When the previous close remains below the SMA, the description allows five bars for a close above it.
  • The rules are incomplete and untested, and the document does not specify exits or position sizing.

Tags

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