TMA Channel Breakout Signals at Bar Close

Summary

This document describes an Expert Advisor that trades breakouts of a channel formed by two TMA moving averages. The upper and lower trigger levels are offsets from a TMA average, set by user inputs; a trade signal occurs when a bar closes beyond the relevant boundary. This makes the method a technical breakout strategy, with signal timing based on completed bars.

The document reports a historical test on USDCHF four-hour data for 2011 and refers to deal-history and test-result charts, but provides no readable performance figures or detailed methodology in the text. The default inputs were used, and the test did not use stop-loss or take-profit orders. The described evidence is therefore limited: it does not establish robustness across markets or periods, or show how transaction costs and risk controls affect results.

Key ideas

• The strategy enters when a bar closes beyond a TMA-based channel boundary.
• The upper and lower breakout distances are configurable inputs.
• The document describes a USDCHF four-hour historical test for 2011.
• The reported test used default parameters and omitted stop-loss and take-profit orders.

Tags

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