Moving Average Crossovers with a Momentum Filter

Summary

This document describes an Expert Advisor that trades when two moving averages cross. It checks their values on two adjacent completed bars: a buy signal occurs when the first average moves from below to above the second, and a sell signal when it moves from above to below. An optional minimum separation between the averages can screen out close crossings, and a Momentum indicator filter is applied to signals.

The EA evaluates signals only when a new bar appears and uses a fixed position size. Stop loss, take profit, and trailing stop settings can be disabled. The document mentions an EURUSD 15-minute test but provides no performance figures or details about the test period, parameter selection, costs, or robustness. It also cautions that its simple crossing test is not the most precise way to identify a crossover, so the described setup alone does not establish trading effectiveness.

Key ideas

• The EA checks two adjacent bars to identify moving average crossovers.
• A configurable minimum distance can be required between the averages.
• A Momentum indicator filter screens crossover signals.
• Signals are evaluated at the start of a new bar, with fixed trade volume.
• The document mentions an EURUSD 15-minute test but gives no numerical results.

Tags

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