Gold EMA Crossover Strategy with ADX and Bracket Exits
Summary
This gold strategy enters long or short positions when a fast EMA crosses a slower EMA, provided ADX is above a threshold and the bar falls within a specified weekday session. It sets fixed take-profit and stop-loss distances and also configures a trailing exit. The script constructs alert messages intended to route orders through a third-party connector to MetaTrader 5, including symbol, volume, and exit parameters.
The page describes the system as high frequency and reports a claimed profit factor above two; an author comment also claims a win rate while acknowledging broker-dependent slippage. These figures are assertions in the listing, not documented test results: no timeframe, sample period, costs, drawdown, or reproducible strategy report is included here. The fixed distances, session schedule, instrument specification, alert integration, and execution assumptions may require adaptation, and the source does not establish live profitability.
Key ideas
- Entries follow fast and slow EMA crossovers filtered by ADX and a weekday session window.
- Long and short trades use fixed profit targets, stop losses, and trailing exit settings.
- Alert messages are designed to send trade instructions to an external execution connector.
- The listing makes performance claims but provides no reproducible results, sample details, or cost analysis.
- Slippage depends on the broker and can materially affect realized outcomes.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.