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Multi-Timeframe Trend Entries with X2MA and JJRSX Signals

Article MQL5 code base
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Summary

This expert-advisor strategy combines two indicator signals across timeframes. ColorX2MA defines the slower trend, while ColorJJRSX identifies a change in the faster trend. It generates an entry at bar close when the fast and slow directions agree and the fast direction has just changed. Higher-timeframe versions of the indicators are included for visualizing trends in the strategy tester, but the document says they are not used in other operating modes.

The article reports that default advisor settings were used for a 2015 GBPUSD test, with the slow trend on H4 and fast entries on M30. It refers to chart examples and a results chart but supplies no numerical performance measures in the text. Stop loss and take profit were not used in those tests, limiting what can be inferred about risk control or live behavior. The approach also depends on the specified compiled indicators and their signal behavior.

Key ideas

  • The system uses ColorX2MA to establish the slower trend direction.
  • ColorJJRSX provides an entry cue when the faster trend changes direction.
  • An entry is triggered at bar close when both trend directions align and the fast direction has changed.
  • The described test used GBPUSD with an H4 slow trend and M30 entries.
  • The reported test omitted stop loss and take profit, and no numerical results are provided.

Tags

ForexTrend followingTechnical indicatorsBacktesting

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