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EUR/USD Moving-Average Trend Catcher with Wide Targets

Article MQL5 code base

Summary

The document describes an automated EUR/USD strategy that uses a moving-average crossing on a 15-minute chart to enter trades. A 50-pip noise filter is intended to avoid reacting to small price moves. The stated setup uses a 350-pip take-profit and a 20-pip stop-loss, creating a large reward target relative to the risk on each trade.

The author says the system was tested on 15-minute EUR/USD data from 2001 to 2010 and reports 90% historical accuracy, but provides no detailed performance table, methodology, or independently verifiable results. The text also says losses are frequent and claims a winning target can offset 17 losses. That arithmetic does not establish profitability without win rates, execution costs, slippage, and drawdown data. The approach is therefore a strategy outline and an unverified performance claim, not sufficient evidence of an edge.

Key ideas

  • The system enters EUR/USD trades on moving-average crossings using a 15-minute timeframe.
  • A 50-pip filter is intended to screen out smaller price fluctuations.
  • The stated take-profit is 350 pips and the stop-loss is 20 pips.
  • The author reports frequent losses and claims one target win can cover 17 losses.
  • The historical test claim lacks detailed methodology and cost or drawdown information.

Tags

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