Dual-Timeframe Color Moving Average Trend-Following System

Summary

This expert advisor describes a trend-following system using two ColorX2MA indicators on separate timeframes. The slower indicator sets the prevailing trend from its line color; the faster indicator supplies entry timing when its color changes. A signal is formed at bar close when the fast and slow directions agree and the fast direction has just changed. The listed settings also include trade permissions, position sizing, deviation, and optional stop-loss and take-profit distances.

The document gives a USDJPY test example for 2016, using an H6 slow trend and M30 entries, and says the displayed tests used default inputs without stop-loss or take-profit. It provides no numerical performance measures in the text, so the example cannot establish profitability or robustness. The method depends on custom indicator files and includes configurable smoothing choices and signal bars. Results may vary with market, timeframe, costs, execution, and parameter selection; the described example alone is not evidence of live performance.

Key ideas

• The system combines a slower color-based trend filter with a faster entry signal.
• A trade signal requires matching trend directions and a change in the fast indicator at bar close.
• The expert advisor exposes controls for position size, trade permissions, and optional exits.
• The example test covers USDJPY in 2016 with H6 trend and M30 entry timeframes.
• The text supplies no numerical performance measures and does not establish live profitability.

Tags

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