MACD and Parabolic SAR Signals with Configurable Conditions

Summary

This expert advisor combines the MACD main and signal lines with the Parabolic SAR position relative to the current bid. Its basic buy condition requires the MACD main line to exceed the signal line while the signal line is below zero and SAR is below price. The sell condition reverses those comparisons.

Separate settings let a user reverse each comparison, creating alternative signal formulas for optimization. The advisor evaluates signals only when a new bar appears and closes positions opposing a newly received signal. The document also suggests optimizing the number of positions, but gives no detailed procedure, backtest results, or risk controls. The formulas describe entry and reversal behavior; they do not establish that any configuration is profitable or robust.

Key ideas

• The entry logic combines MACD line relationships, the signal line's zero level, and SAR relative to bid.
• Independent settings can reverse each comparison in the buy and sell formulas.
• The advisor checks for signals when a new bar appears.
• A new signal closes positions held in the opposite direction.
• The document proposes optimizing position count but supplies no performance evidence.

Tags

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