Snowies EA: Three-Indicator Entry and Exit Design

Summary

The document combines a strategy tester report with a description of requested rules for an Expert Advisor using three indicators. The proposed sequence uses a faster and slower linear weighted moving average crossover as the initial direction signal, an adaptive moving average dot in the same or following candle as confirmation, and a MACD histogram for a final entry signal and possible exit guidance. Inputs are exposed for the indicator settings, stop loss, take profit, account risk, trade timing, and whether to enter at the next candle or immediately. The request mentions GBPUSD and several chart periods.

The included report is for GBPUSD on a four-hour chart over part of 2012, with fixed lot sizing, and reports 28 trades, a profit factor of 1.70, and maximum drawdown of 20.72%. Stop loss and take profit settings are shown, but these historical results do not validate the fuller three-signal proposal across timeframes. The report also records chart mismatches, and its brief sample period and low trade count limit conclusions.

Key ideas

• The proposed long and short entries require aligned signals from an LWMA crossover, AMA direction dot, and MACD histogram.
• The AMA confirmation is sought on the signal candle or the next candle.
• The design includes configurable risk, trade size, stop, target, timing, and indicator parameters.
• The report describes a limited GBPUSD four-hour test with 28 trades and 20.72% maximum drawdown.
• The report’s short period, low trade count, and chart mismatch errors constrain its evidential value.

Tags

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