MACD Zero-Line Crossovers Filtered by ADX for EURUSD
Summary
This EURUSD trend-following example uses the default MACD settings and a 14-period ADX filter. It opens a long position when MACD crosses above zero and a short position when it crosses below zero, provided ADX is above a stated minimum threshold. The sample disables order cumulation, uses market orders, and attaches fixed profit-target and stop-loss levels. The description identifies the intended chart interval as two hours.
The document gives code-level rules and example parameter values, but supplies no backtest results, market period, transaction-cost assumptions, or comparison with alternative settings. Its thresholds and contract quantity are example inputs rather than evidence of a robust edge. The approach also relies on indicator crossovers, which can lag or generate repeated reversals in choppy markets; the ADX condition is intended as a trend-strength filter, but the material does not evaluate whether it improves outcomes.
Key ideas
- MACD crossings of zero define the long and short entry signals.
- A 14-period ADX reading must exceed a minimum threshold before entry.
- The example uses market orders and disables order accumulation.
- Each trade receives a fixed profit target and stop loss.
- No backtest evidence or transaction-cost assumptions are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.